It’s time to add energy stocks to your portfolio. They have become cash cows

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Some options for income investors to consider

On the plus side, many stocks are offering their best yields in years. You can fill your portfolio with shares the likes of BCE Inc. . This Alberta-based natural gas producer was first recommended in December 2022 at $13.30. It is currently trading at $15.19 and pays a monthly dividend of 11 cents to yield 8.7 per cent. The company reported earnings of $239-million in 2023.). Freehold is an oil and gas royalty company with assets mainly in Western Canada, although it is expanding in the U.S.

It’s important to note that these companies use different measures for calculating payout ratios. The gold standard is to measure dividends against net earnings, but few do that. Perhaps it’s time for the regulators to take a fresh look at reporting standards so that investors could easily compare apples with apples.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

 

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