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These High-Yield Energy Stocks Are Making a Needle-Moving Trade to Enhance Their Dividends

Matthew DiLallo, The Motley Fool
·4 min read

Oil pipeline giant Enbridge (NYSE: ENB) and refining and midstream company Phillips 66 (NYSE: PSX) each have a long history of paying attractive dividends to investors. Enbridge has increased its dividend for 27 straight years, making it Dividend Aristocrat, while Phillips 66 has given investors 11 raises since its formation in 2012. The energy companies currently offer attractive dividend yields, 4.3% at Phillips 66 and 6.3% for Enbridge.

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