5 Best Natural Gas Dividend Stocks To Buy

In this article, we discuss 5 best natural gas dividend stocks to buy. If you want to read our detailed analysis of the energy sector and the outlook for natural gas, go directly to read 11 Best Natural Gas Dividend Stocks To Buy.

5. Kinder Morgan, Inc. (NYSE:KMI)

Number of Hedge Fund Holders: 42

Kinder Morgan, Inc. (NYSE:KMI) owns and operates an extensive network of natural gas pipelines across the US. These pipelines transport natural gas from production areas to various markets, including residential, commercial, and industrial consumers, as well as export facilities. The company offers a quarterly dividend of $0.285 per share and has a dividend yield of 6.26%, as of January 10. It is one of the best dividend stocks on our list as the company has been growing its dividends for the past six years.

At the end of the third quarter of 2023, 42 hedge funds tracked by Insider Monkey reported owning stakes in Kinder Morgan, Inc. (NYSE:KMI), up from 36 in the previous quarter. These stakes are collectively valued at nearly $770 million.

4. EQT Corporation (NYSE:EQT)

Number of Hedge Fund Holders: 45

EQT Corporation (NYSE:EQT) is a prominent energy company that primarily operates in the natural gas industry, focusing on natural gas exploration, production, and distribution. It offers a quarterly dividend of $0.1575 per share, reflecting a 5% increase announced in October of this year. Since its inception in late 2021, this adjustment signifies a collective growth of more than 25% in the standard dividend payout. With a dividend yield of 1.65%, as of January 10, EQT is one of the best dividend stocks on our list.

Of the 910 hedge funds in Insider Monkey’s database at the end of Q3 2023, 45 hedge funds owned stakes in EQT Corporation (NYSE:EQT). The total value of these stakes is over $1.44 billion. With roughly 6 million shares, Citadel Investment Group was the company’s leading stakeholder in Q3.

3. EOG Resources, Inc. (NYSE:EOG)

Number of Hedge Fund Holders: 45

EOG Resources, Inc. (NYSE:EOG) is a leading exploration and production company primarily focused on the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the US. On November 2, the company declared a 10.3% hike in its quarterly dividend to $0.91 per share. It also announced a special dividend of $1.50 per share. The company has a history of paying special dividends to shareholders, which makes EOG one of the best dividend stocks. The stock’s dividend yield on January 10 came in at 3.14%.

At the end of the September quarter of 2023, 45 hedge funds tracked by Insider Monkey owned stakes in EOG Resources, Inc. (NYSE:EOG), up from 43 in the previous quarter. These stakes have a consolidated value of $666.4 million.

2. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 58

Cheniere Energy, Inc. (NYSE:LNG) is a major player in the liquefied natural gas (LNG) industry. The company primarily focuses on the liquefaction, transport, and export of LNG. The company has raised its dividends twice since 2021 and currently offers a quarterly dividend of $0.435 per share. The stock has a dividend yield of 1.04%, as of January 10.

Cheniere Energy, Inc. (NYSE:LNG) was a part of 58 hedge fund portfolios at the end of Q3 2023, compared with 60 in the previous quarter, as per Insider Monkey’s database. These stakes are valued at over $1.45 billion.

1. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 79

Exxon Mobil Corporation (NYSE:XOM) tops our list of the best dividend stocks from the natural gas sector. The American energy company has raised its dividends for 41 consecutive years and offers a quarterly dividend of $0.95 per share. The stock’s dividend yield on January 10 came in at 3.81%.

At the end of September 2023, 79 hedge funds owned stakes in Exxon Mobil Corporation (NYSE:XOM), up from 71 in the previous quarter, according to Insider Monkey’s database. These stakes are collectively valued at over $4.5 billion.

You can also take a look at These Dow Stocks Will Boost Their Dividends Soon and 12 Best Tech Stocks To Buy According to Billionaire Ken Griffin