|Bid||100.26 x 1000|
|Ask||101.50 x 800|
|Day's range||100.06 - 101.83|
|52-week range||77.58 - 101.83|
|Beta (5Y monthly)||0.24|
|PE ratio (TTM)||58.99|
|Earnings date||10 May 2021|
|Forward dividend & yield||3.86 (3.85%)|
|Ex-dividend date||11 Feb 2021|
|1y target est||102.35|
If you're invested in energy stocks but are worried about how they may affect your portfolio returns if a recession were to hit the economy, you might want to look at stocks that can not only keep their heads above water but also succeed despite a recession. Here are three such energy stocks that fit the bill. Among the many publicly listed utilities, one reason I like Duke Energy (NYSE: DUK) is its dividend growth potential and a strong yield of 3.9%, which can come in really handy for investors in terms of generating passive income during a down cycle.
American Electric's (AEP) Sundance Wind Energy Center is set to offer 1,485 MW of clean energy to customers in Woods County, OK.
Particularly for retirees, their regular payouts can be used to help cover living expenses, reducing the need to sell assets and helping to make their nest eggs last longer. Plus, if income is your focus, the yield itself needs to be attractive enough to make the investment worthwhile. At current share prices, Medical Properties Trust (NYSE: MPW), Duke Energy (NYSE: DUK), and Telus (NYSE: TU) all yield 4% or better, and all could be great options for retirees to buy today.