Investors searching for steady income in a volatile energy market may want to focus on three proven dividend stocks offering yields of 4%, 6.6%, and 5.7%, backed by decades of consistent dividend growth.
Oil and gas remain essential to the global economy. While energy prices fluctuate with geopolitical and economic shifts, certain large energy companies have built resilient business models that continue to reward shareholders across industry cycles.
Chevron, Enterprise Products Partners and Enbridge stand out as reliable income candidates thanks to their scale, infrastructure assets, and long dividend histories.
Chevron Targets Growth With Its $55 Billion Hess Acquisition
Chevron operates across both upstream and downstream segments of the oil and gas industry. This integrated structure helps stabilize earnings through commodity cycles.
The company has increased its dividend for 37 consecutive years and currently offers a 4% yield. A major catalyst is Chevron’s $55 billion acquisition of Hess, which provides access to the high-profile Stabroek Block offshore Guyana. This asset is expected to drive production growth for years. Management projects 10% annual free cash flow growth over the next five years — a key factor supporting continued dividend increases.
Enterprise Products Partners Offers a 6.6% Yield Backed by Massive Infrastructure
Enterprise Products Partners operates one of the largest midstream networks in North America, with more than 50,000 miles of pipelines.
Unlike oil producers, midstream companies earn most of their revenue based on volume transported, not commodity prices. This structure provides more predictable cash flow. Enterprise has increased its dividend for 28 consecutive years and currently yields 6.6%. As a master limited partnership (MLP), the company distributes a significant portion of its cash flow to investors, helping sustain its high income profile.
Enbridge Blends Regulated Assets With 28 Years of Dividend Growth
Enbridge operates a diversified energy infrastructure business spanning midstream assets, utilities, and renewable energy projects.
A large portion of its operations is regulated, providing stable and predictable revenue. The company has raised its dividend for 28 consecutive years and currently offers a 5.7% yield. Management expects mid-single-digit growth as new projects come online, reinforcing the outlook for continued dividend growth.
The Bottom Line for Income Investors
Chevron, Enterprise Products Partners, and Enbridge combine long dividend track records with strong infrastructure and durable cash flow foundations. With decades of dividend growth, attractive yields, and defined growth strategies, these companies could serve as core income holdings for long-term investors over the next five years.
