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7.8% Yield-Leading Midstream Firm Reaffirmed In Best Energy Dividend Stocks List

As the world continues to grapple with supply/demand imbalances, the midstream sector is gaining in importance. Moving crude oil, natural gas and other commodities from sources to end-users is critical these days. And, luckily, for our latest Best Energy Dividend Stocks List pick, it facilitates those transactions and makes a ton of money doing just that.

Our pick is one of the largest midstream firms in the country, with thousands of miles’ worth of pipelines, terminals, storage facilities and other critical energy infrastructure stretching across the nation. This network has served our pick well in the past and is becoming a major avenue of growth in the new era.

The best part is, despite its already huge size, our pick has continued to find new ways to grow: plowing its excess cash into new projects and conducting bolt-on M&A transactions. Often these projects are instantly accretive to cash flows once completed.

For investors, it only serves to strengthen its bottom line and support its huge 7.8% dividend yield. investors should watch for the stock when it goes ex-dividend next on Friday, July 29 (estimated date).

You can check out the Best Energy Dividend Stocks List to explore all the stocks.

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