"Top Dividend Stocks for Immediate Income: FTSE 100 Financials Lead the Way"
Energy prices are volatile, but investors can add energy exposure to their portfolio through reliable passive income stocks like Enterprise Products Partners (EPD) and Enbridge (ENB). While the energy sector is subject to price volatility, midstream companies like EPD and ENB, which own the infrastructure for transporting oil and natural gas, provide stable cash flows through fees charged for asset usage. EPD offers a distribution yield of 7.4%, while ENB yields 8.3%, making them attractive options for income-focused investors. However, investors should be aware of nuances such as foreign taxes on ENB dividends and the tax implications of EPD's MLP structure. Both companies have a track record of reliable dividends, with ENB boasting 28 consecutive years of growth and EPD close behind with 25 years. Despite limited growth potential in the oil and gas sectors, the importance of these fuels ensures years of reliable dividends.
