The energy market is in the midst of a major transition. The global economy is shifting its primary power source, moving away from fossil fuels toward renewable energy . It's a massive undertaking that will take decades and trillions of dollars in new investment .
Because of that long time horizon, the industry isn't going to abandon the current infrastructure supporting fossil fuels anytime soon. Instead, it could become more valuable in the interim as investment shifts while potentially playing a prominent role in supporting the fuels of the future. That leads Canadian energy infrastructure giants Enbridge (NYSE: ENB) and TC Energy (NYSE: TRP) to believe that they can continue generating lots of cash and paying high dividend yields (both currently yield more than 5%) for decades to come.
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These High-Yield Stocks Could Keep Paying Dividends for Decades