3 Energy Stocks with Dividends Yielding More Than 5%

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Typically engaged in the oil and gas industry, Master Limited Partnerships (MPLs) usually bring tax benefits of a partnership, combined with the liquidity of publicly traded securities, thus enabling them to offer high yields to investors. These companies are likely to gain the attention of income investors amid the current market volatility. The high demand for crude oil stocks is evidenced by iShares U.S. Oil & Gas Exploration & Production ETF’s (IEO) 96.7% returns over the past six months compared to S&P 500 Trust ETF’s (SPY) 27.8% gains over the period.

Based on these factors, we think high-yielding MLPs Western Midstream Partners, LP (NYSE:WES), Global Partners LP (GLP), and Star Group, L.P. (SGU) are ideal investment bets now.

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