Enterprise Products Partners L.P. (EPD), ConocoPhillips (COP): Where’s That Yield At?

Another company to consider is Occidental Petroleum Corporation (NYSE:OXY), which offers a decent 2.9% dividend yield. Over the past decade, the company has demonstrated a solid commitment to consistent dividend growth, having raised its dividend each year for 11 years in a row.

In February, it raised its dividend by 18.5% to an annualized $2.56 per share, bringing its 11-year compounded dividend growth rate to an impressive 16% per year. In addition, the company boasts a very low cost of production relative to its peers, as well as the strongest production growth among the integrated majors.

The article Searching for Yield? Look to the Energy Sector originally appeared on Fool.com is written by Arjun Sreekumar.

Fool contributor Arjun Sreekumar has no position in any stocks mentioned. The Motley Fool recommends Enterprise Products Partners.

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