Previous close | 13.00 |
Open | 12.00 |
Bid | 8.00 |
Ask | 17.00 |
Strike | 270.00 |
Expiry date | 2024-01-19 |
Day's range | 12.00 - 13.00 |
Contract range | N/A |
Volume | |
Open interest | 158 |
The energy industry is a passive income lover's dream these days. For example, a $10,000 investment spread across monster dividend payers like Crestwood Equity Partners (NYSE: CEQP), MPLX (NYSE: MPLX), and Pioneer Natural Resources (NYSE: PXD) could produce $2,000 of passive income in less than three years.
Altria (NYSE: MO) has long been regarded as a top dividend stock and it's easy to see why. The domestic Marlboro maker has raised its quarterly dividends 57 times over the last 53 years, making it a Dividend King. Because of its payout-hiking track record, Altria was the best stock to own for a nearly 50-year period from 1968 to 2015, if you had reinvested the dividends.
These two high-yielders pay reliable and growing distributions, but another high-yield stock does not.