Energy Stocks With Unbroken Dividend Histories

Three energy stocks have stood out for their ability to maintain dividend payments despite market volatility. Chevron, Enbridge, and EOG Resources are examples of companies that have never cut their dividends. Chevron's long history dates back over 50 years, and it has managed to raise its annual per-share payout for 39 consecutive years.

The company's forward-looking dividend yield is around 3.8%, one of the best in the industry at this time. Enbridge operates as a midstream name, delivering gas and oil through its extensive pipeline network. The consistent consumption of natural gas and oil has allowed Enbridge to raise its dividend payment every year for the past 31 years.

EOG Resources, on the other hand, has never cut its dividend since becoming a standalone publicly traded entity in 1999. It has raised its annual per-share payout for nine consecutive years, with a three-year capital spending plan that will produce annual cash flow growth of 5% and free cash flow growth of at least 6%