15.12.2024 00:18:00

2 No-Brainer High-Yield Energy Giants to Buy Right Now for Less Than $500

If there is one thing that investors can expect when putting money to work in the energy sector, it is volatility. Oil and natural gas, as commodities, have a long history of swift, often dramatic price moves.This is why investors looking at the sector should probably consider sticking to the biggest and best companies, which generally means integrated energy giants like Chevron (NYSE: CVX) and TotalEnergies (NYSE: TTE). Here's why these two stocks stand out today for investors in search of high yields.There are companies with longer streaks of annual dividend increases under their belts, but you have to give credit where it's due. Chevron's 37 consecutive annual dividend hikes are impressive, given the highly volatile nature of the industry in which it operates. The shares can be had for well less than $500 apiece, and the dividend yield is a very respectable 4.1%. For comparison, the S&P 500 is yielding just 1.2%, and the average energy stock has a yield of only 3.1%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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