The Smart Money’s Top Energy Dividend Stocks

#1 Macquarie Infrastructure Corp (NYSE:MIC)

Number of Hedge Fund Holders (as of June 30): 69
Total Value of Hedge Fund Holdings (as of June 30): $2.07 billion
Hedge Fund Holdings as Percent of Float (as of June 30): 31.50%

The stock of Macquarie Infrastructure Corp (NYSE:MIC) depreciated by 8.3% in the third quarter and has a dividend yield of 5.66%. The company owns quality energy infrastructure with durable predictable cash flows and its shares are still up 14% year-to-date. The company also has opportunities to buy energy infrastructure assets on the cheap given the low energy prices.

To sum up, we’re optimistic on energy in the long run because the Middle East can’t run on $50 crude forever.

Disclosure: none