26 High Dividend Energy Stocks Delivering Strong Income

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 |  Includes: AEE, BPL, BWP, CIG, CPL, DUK, E, EEP, EPB, EPD, ETE, ETP, ETR, HNP, KMP, LINEQ, MMP, NGG, OKS, PAA, PWE, RDS.B, RIG, SDRL, STO, TOT
by: Dividendinvestr

During times of economic turmoil, many investors find it behooves them to buy stocks with high dividend yields. We compiled a list of 26 large-cap energy companies that pay fat dividend checks regularly. All of the companies on this list have a market capitalization above $5 billion and a dividend yield of at least 5%.

Ticker

Stock

Market
Cap

P/E

Dividend Yield

Return (52- week)

AEE

Ameren Corporation

7.3

79.6

5.1%

14.1%

BPL

Buckeye Partners LP

5.7

26.7

6.6%

6.1%

BWP

Boardwalk Pipeline Partners, LP

5.0

22.4

8.3%

-15.6%

CIG

Cia Energetica de Minas Gerais

10.6

N/A

7.2%

5.3%

CPL

CPFL Energia S.A.

11.0

13.2

7.0%

4.4%

DUK

Duke Energy Corporation

26.3

12.9

5.1%

16.1%

E

Eni SpA

67.0

7.2

8.6%

-14.1%

EEP

Enbridge Energy Partners LP

7.2

N/A

7.8%

6.1%

EPB

El Paso Pipeline Partners, L.P.

7.5

18.0

5.4%

18.5%

EPD

Enterprise Products Partners LP

35.5

25.9

6.0%

10.7%

ETE

Energy Transfer Equity, L.P.

8.0

37.2

6.9%

5.2%

ETP

Energy Transfer Partners L.P.

8.8

26.3

8.5%

-7.8%

ETR

Entergy Corporation

11.6

9.3

5.1%

-10.3%

HNP

Huaneng Power International Inc.

5.7

13.3

7.5%

-33.0%

KMP

Kinder Morgan Energy Partners LP

22.5

117.5

6.8%

5.4%

LINE

Linn Energy, LLC

6.4

N/A

7.6%

29.6%

MMP

Magellan Midstream Partners LP

6.8

20.0

5.2%

25.5%

NGG

National Grid plc

34.7

9.8

6.0%

19.8%

OKS

ONEOK Partners, L.P.

8.7

18.3

5.5%

23.0%

PAA

Plains All American Pipeline, L.P.

8.7

19.6

6.7%

0.2%

PWE

Penn West Petroleum Ltd.

7.4

14.0

6.9%

-14.5%

RDS.B

Royal Dutch Shell plc

194.6

7.0

5.4%

11.8%

RIG

Transocean Ltd.

16.4

N/A

6.2%

-12.4%

SDRL

SeaDrill Limited

13.7

6.3

10.2%

13.4%

STO

Statoil ASA

66.5

5.6

5.5%

4.5%

TOT

Total SA

97.7

5.9

7.9%

-12.9%

Click to enlarge

The Market data is sourced from Finviz.

Ameren Corporation is a public utility company in Missouri and Illinois. AEE recently traded at $30.23 and has a 5.1% dividend yield. AEE gained 14.08% during the past 12 months. The stock has a market cap of $7.3 billion and a P/E ratio of 79.55. Jim Simons’ Renaissance Technologies initiated a $14 million position in AEE during the second quarter. Ray Dalio’s Bridgewater Associates increased its AEE holdings by 45% during the second quarter. (Check out Jim Simons’ top holdings).

Buckeye Partners is a U.S. energy partnership that distributes petroleum in the United States. BPL recently traded at $61.87 and has a 6.6% dividend yield. BPL gained 6.14% during the past 12 months. The stock has a market cap of $5.7 billion and a P/E ratio of 26.67. John Phelan’s MSD Capital and Michael Messner’s Seminole Capital are the most prominent BPL investors.

Boardwalk Pipeline Partners is a U.S. energy partnership that provides natural gas transportation and storage services in the United States. BWP recently traded at $25.28 and has a 8.3% dividend yield. BWP lost 15.56% during the past 12 months. The stock has a market cap of $5 billion and a P/E ratio of 22.37. Jim Simons and Chuck Royce are prominent BWP investors.

CIG provides generation, transformation, transmission, distribution, and sale of electric energy in Brazil. CIG recently traded at $15.58 and has a 7.2% dividend yield. CIG gained 5.34% during the past 12 months. The stock has a market cap of $10.6 billion.

CPFL Energia generates, distributes and sells electricity in Brazil. CPL recently traded at $22.85 and has a 7% dividend yield. CPL gained 4.39% during the past 12 months. The stock has a market cap of $11 billion and a P/E ratio of 13.21. Jim Simons’ Renaissance Technologies had the largest CPL position at the end of June.

Duke Energy Corp is an energy company primarily located in the Americas. DUK recently traded at $19.79 and has a 5.1% dividend yield. DUK gained 16.07% during the past 12 months. The stock has a market cap of $26.3 billion and a P/E ratio of 12.85. Michael Messner had $34 million in DUK at the end of June.

Eni SpA
is one of the leading integrated energy companies in the world. E recently traded at $33.45 and has a 8.6% dividend yield. E lost 14.1% during the past 12 months. The stock has a market cap of $67 billion and a P/E ratio of 7.22.

Enbridge Energy Partners is a U.S. energy partnership providing crude oil, liquid petroleum and natural gas transportation and storage services in the United States. EEP recently traded at $27.35 and has a 7.8% dividend yield. EEP gained 6.13% during the past 12 months. The stock has a market cap of $7.2 billion. In the past five years, EEP increased its dividend payments by 2.86% annually. Jim Simons is the most prominent EEP investor.

El Paso Pipeline Partners is an MLP that runs pipelines that distribute natural gas in the United States. EPB recently traded at $35.55 and has a 5.4% dividend yield. EPB gained 18.46% during the past 12 months. The stock has a market cap of $7.5 billion and P/E ratio of 17.95. EPB is not popular among the hedge funds we are tracking.

Enterprise Products Partners is a U.S. partnership that distributes natural gas and crude oil in the United States, Canada and the Gulf of Mexico. EPD recently traded at $40.6 and has a 6% dividend yield. EPD gained 10.66% during the past 12 months. The stock has a market cap of $35.5 billion and P/E ratio of 25.86. John Osterweis holds nearly $70M of EPD.

Energy Transfer Equity is an MLP that provides natural gas transportation and storage services with its assets. ETE recently traded at $36.09 and has a 6.9% dividend yield. ETE gained 5.19% during the past 12 months. The stock has a market cap of $8 billion and P/E ratio of 37.21. Chuck Royce holds the largest ETE position among the 300+ funds we are tracking.

Energy Transfer Partners is a limited partnership that operates in the natural gas transportation business in the United States. ETP recently traded at $42.13 and has an 8.5% dividend yield. ETP lost 7.75% during the past 12 months. The stock has a market cap of $8.8 billion and P/E ratio of 26.33. Jim Simons holds the largest ETP position among the funds we are tracking.

Entergy Corp. is an energy company producing and distributing electric power. ETR recently traded at $65.27 and has a 5.1% dividend yield. ETR lost 10.32% during the past 12 months. The stock has a market cap of $11.6 billion and P/E ratio of 9.28. Glen Russel Dublin's Highbridge Capital, Clint Carlson's Carlson Capital and Cliff Asness' Aqr Capital hold the largest positions in ETR among the 300+ funds we are tracking.

Huaneng Power International is an independent power producer operating in China. HNP recently traded at $16.3 and has a 7.5% dividend yield. HNP lost 32.95% during the past 12 months. The stock has a market cap of $5.7 billion and P/E ratio of 13.25. HNP is not popular among the hedge funds we are following.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.