Jamie Dimon, the CEO of JPMorgan Chase (NYSE:JPM) criticized the U.S. government’s delays in liquefied natural gas (LNG) projects, attributing them to political reasons intended to appease those opposed to oil and gas initiatives. In his annual shareholder letter, he expressed that halting oil and gas projects is “wrong” and “enormously naïve.” This is the backdrop leading to my natural gas stocks to buy. Meanwhile, the Biden administration has approved 48 billion cubic feet of export capacity,
Investors may keep a tab on stocks like CSWI, TRGP, STZ, FUL and SKT, which have lately hiked their dividend payments.
Targa Resources' (TRGP) current dividend yield of 2.6% might not be the best going around, but it is well ahead of the S&P 500's 1.3% and is well protected with a payout ratio of 52.