The best dividend stocks in the sector: Industrial Services

Dividends → Industrial Services

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Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Dividend stocks by industries

Average yield of the sector: 2.68 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Contract Drilling 9 0.79 %
Engineering & Construction 10 0.68 %
Environmental Services 5 0.52 %
Oil & Gas Pipelines 37 3.98 %
Oilfield Services/Equipment 21 1.53 %

Average yield of the sector: 0.85 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Contract Drilling 1 0.58 %
Engineering & Construction 2 0.29 %
Environmental Services 3 0.36 %
Oil & Gas Pipelines 3 1.58 %
Oilfield Services/Equipment 3 1.00 %

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Environmental Services 1
Oil & Gas Pipelines 1
Oilfield Services/Equipment 1

Average yield of the sector: 1.95 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Oil & Gas Pipelines 1 1.95 %

TOP 23 dividend stocks in the sector: Industrial Services

Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
TGE Tallgrass Energy LP 22.39 USD 4 B 9.83 % 15.78
Energy Transfer LP ET Energy Transfer LP 6.00 USD 16 B 5.08 % 11.71
SHLX Shell Midstream Partners LP 9.62 USD 3.8 B 4.78 % 6.40
SRLP Sprague Resources LP 15.62 USD 360 M 4.27 % 20.21
KNOP KNOT Offshore Partners LP 13.04 USD 430 M 3.99 % 7.98
Phillips 66 Partners LP PSXP Phillips 66 Partners LP 24.58 USD 5.6 B 3.56 % 5.73
ONEOK OKE ONEOK 27.54 USD 12 B 3.40 % 18.40
BP Midstream Partners LP BPMP BP Midstream Partners LP 10.29 USD 1.1 B 3.38 % 6.16
DKL Delek Logistics Partners LP 31.36 USD 1.4 B 2.87 % 9.34
Magellan Midstream Partners LP MMP Magellan Midstream Partners LP 36.92 USD 8.3 B 2.78 % 8.58
Enterprise Products Partners LP EPD Enterprise Products Partners LP 16.61 USD 36 B 2.68 % 8.13
HEP Holly Energy Partners LP 13.12 USD 1.4 B 2.67 % 6.03
TCP TC Pipelines LP 28.26 USD 2.1 B 2.30 % 7.63
CQP Cheniere Energy Partners LP 32.75 USD 11 B 1.95 % 12.22
TransCanada TRP TransCanada 45.85 USD 43 B 1.77 % 13.53
Pembina Pipeline PBA Pembina Pipeline 23.05 USD 13 B 0.91 % 17.56
North American Construction Group NOA North American Construction Group 7.03 USD 200 M 0.57 % 5.20
Stantec STN Stantec 30.64 USD 3.4 B 0.51 % 23.90
Republic Services RSG Republic Services 95.78 USD 31 B 0.44 % 28.91
Primoris Services PRIM Primoris Services 18.22 USD 880 M 0.33 % 9.91
Comfort Systems USA FIX Comfort Systems USA 52.66 USD 1.9 B 0.20 % 15.16
EMCOR Group EME EMCOR Group 68.88 USD 3.8 B 0.12 % 24.35
Quanta Services PWR Quanta Services 51.90 USD 7.2 B 0.10 % 20.44