Dividend Yield: 7%
When it comes to natural gas, Williams Partners (WPZ) is simply one of the biggest players. The firm is one of the leading midstream players in the prolific Marcellus shale. That dominance has WPZ’s network of pipelines carrying roughly 14% of all the natural gas consumed in the U.S.
So it’s no surprise that WPZ has been a cash flow and distribution king for investors.
Williams’ payout has increased every quarter since May 2010, and the latest bump was an 8.7% year-over-year increase. With management adding new capacity in the underserved Marcellus and Utica shales for both natural gas and NGLs, analysts remain confident that WPZ should see distribution growth in the new year that will beat rising interest rates.
Shares of WPZ currently yield a hefty 7%.
As of this writing, Aaron Levitt was long MMP.