Want Decades of Passive Income? 3 Best Oil Stocks to Buy Right Now
These incredible oil stocks, yielding between 3.6% and 6.5%, should increase their dividends every year for years to come.
What if you could put money into something and earn a regular income from it without doing much? That's what passive income is all about, and dividend investing is one of the best ideas to earn passive income. It's a simple strategy: Buy stocks that pay regular and growing dividends, and you're all set. It's even better if the stocks offer high yields, backed by rising cash flows and dividend growth.
If you're wondering where to start, the energy sector is offering some really lucrative dividends now. So here are three incredible oil stocks to buy right now that could earn you decades of passive income.
Enbridge (NYSE: ENB) is one of the largest energy infrastructure companies in the U.S. It moves almost 30% of all crude oil produced in North America through its liquids pipeline and delivers nearly 20% of the natural gas consumed in the U.S. through its midstream and gas transmission network.
