The energy industry is a great place to collect passive income. The sector currently offers the highest dividend yield in the S&P 500 at nearly 4%, well above the index's average of around 1.5%. Because of that, income-focused investors have lots of options.
Three energy stocks that stand out for their ability to produce durable passive income are Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) , Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) , and Williams Companies (NYSE: WMB) . Here's a closer look at why income-focused investors should consider this trio.
Brookfield Infrastructure has been an exceptional passive income producer over the years. The global infrastructure operator declared its 13th consecutive year of increasing its payout in 2022, growing it at a 10% compound annual rate during that time frame. It currently offers a 2.9% dividend yield, almost double that of an S&P 500 index fund.
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3 High-Yield Energy Stocks to Earn Passive Income for Years