If you have $5,000 to spare right now, it makes a lot of sense to invest this money in stocks that can provide you with regular and growing dividend income over the next several years. Three stocks in the energy space that offer reliable dividend income are Chevron (NYSE: CVX) , TC Energy (NYSE: TRP) , and Enterprise Products Partners (NYSE: EPD) . Though these stocks could be a bit volatile in the short term, they can generate solid dividend income in the long run along with decent capital appreciation. Let's see why each of these stocks makes a great addition to your dividend portfolio.
A Dividend Aristocrat , Chevron is right now the most attractive stock among integrated oil and gas majors. It easily beats its top peers in terms of balance sheet strength, and boasts the lowest debt-to-equity and debt-to-capital ratios among its peers.
Data by YCharts .
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Got $5,000? Here Are 3 Stocks to Buy and Hold for the Long Term