The Best Dividends in Energy: Seadrill Ltd (SDRL), Kinder Morgan Inc (KMI), Hawaiian Electric Industries, Inc. (HE)

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Total’s stock trades at just 8.4 times trailing earnings and investors get a 5.4% dividend yield to go along with it.

Hawaiian Electric Industries, Inc. (NYSE:HE)
What would an energy dividend article be without at least one utility? For my utility pick I’m going halfway across the Pacific Ocean to the company supplying 95% of Hawaii’s population with electricity, Hawaiian Electric Industries, Inc. (NYSE:HE).

Below, you can see that even through the financial crisis the company made a profit for shareholders and has picked up returns recently:

HE Net Income TTM Chart

HE Net Income TTM data by YCharts

To top it off, the company is a model in consistency, paying the same $0.31 quarterly dividend since 1998. That’s still a 4.5% yield at today’s stock price, not bad for a company with almost no competition and a very consistent history of payments to shareholders.

Utilities won’t be the growth engines of a portfolio the way a company like Seadrill might be, but investors are getting consistency instead. That’s why Hawaiian Electric Industries, Inc. (NYSE:HE) is on my list of top dividends.

The article The Best Dividends in Energy originally appeared on Fool.com and is written by Travis Hoium.

Fool contributor Travis Hoium manages an account that owns shares of SunPower, Kinder Morgan, and Seadrill. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, and Long Jan 2015 $15 Calls on SunPower. The Motley Fool recommends Kinder Morgan, Seadrill, and Total SA. (ADR). The Motley Fool owns shares of Kinder Morgan and Seadrill.

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