Natural gas is a clean and efficient fossil fuel that is becoming increasingly more popular as a source of energy. There are many publicly traded companies that produce natural gas, but not all of them offer dividend payments to shareholders. Here are two natural gas dividend stocks to consider:
1. ExxonMobil (NYSE: XOM) is one of the world’s largest publicly traded oil and gas companies. It has a long history of paying dividends to shareholders, and its dividend yield currently stands at 3.68%. ExxonMobil is a diversified company with operations in many countries, so it is less exposed to geopolitical risks than some other natural gas producers.
2. Chesapeake Energy (NYSE: CHK) is one of the largest independent natural gas producers in the United States. It has a strong presence in the Marcellus and Utica shale plays, which are two of the most productive natural gas fields in the country. Chesapeake Energy’s dividend yield is 2,19%, and the company has increased its dividend payout for five consecutive years.
Both of these companies offer investors exposure to the growing natural gas industry, and they all have strong records of dividend growth. Natural gas is a clean and efficient fossil fuel, and it is becoming increasingly popular as a source of energy. These two companies are well-positioned to benefit from this trend.