NEE - Love Dividend Stocks? 3 Great Buys Right Now
Dividend stocks haven't given investors much love this year. Dividend cuts are at their highest level since the financial crisis, as more than 750 companies, including over 60 members of the S&P 500, have reduced or suspended their payouts because of the impact COVID-19 is having on the economy.
However, while this year has been tough on dividend investors, there are still some enticing options out there for those who love income. We asked some of our contributors for their favorite ideas, and they dug through the rubble and found some gems in an unlikely sector: energy. While COVID-19 hit the sector especially hard, our contributors see a lot to love about the payouts of midstream MLP Enterprise Products Partners (NYSE: EPD), refiner Phillips 66 (NYSE: PSX), and utility NextEra Energy (NYSE: NEE).
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