Five Energy Companies Named Dividend Growers

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Jul 29, 2013
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During the past week, GuruFocus recognized 10 companies as dividend growers. In order to be qualified for this list, the company had to:

· Have a dividend yield of greater than 3%.

· Have a strong history of stable and increasing dividends.

· Maintain guru ownership.

· Have a market cap of greater than $10 billion.

The following five companies come from the oil and energy sectors and meet the requirements to be considered a GuruFocus dividend grower. The other five dividend growers came from various industries and sectors and can be [url=http://www.gurufocus.com/news/224885/gurufocus-names-ten-dividend-growers-july-22-to-26]found here.[/url]

A comparison of the companies’ historical dividend growth:

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Entergy Corp. (ETR)

On July 26, Entergy declared a dividend of $0.83 per share, representing a 4.70% dividend yield for the company. This dividend is payable on Sept. 3 to shareholders of the record at the close of business on Aug. 8, 2013.

The company’s historical dividend growth is as follows:

· 10-year: 8.6%

· 5-year: 3.1%

· 3-year: 2.7%

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Entergy also has a 2.4% share buyback rate alongside a 50.95% dividend payout rate. You can view more historical dividend information and the Total Return Calculator for Entergy by checking out the new Dividend Page.

Entergy Corporation is an integrated energy Company engaged primarily in electric power production and retail electric distribution operations.

Entergy’s historical price, revenue and net income:

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Entergy has a market cap of $12.59 billion. Its shares are currently trading at around $70.70 with a P/E ratio of 10.80, a P/S ratio of 1.20 and a P/B ratio of 1.40. The company had an annual average earnings growth of 7.8% over the past ten years.

There are nine gurus that hold a position in Entergy. Click here to see their holding histories.

MarkWest Energy Partners LP (MWE)

On July 25, MarkWest Energy Partners declared a dividend of $0.84 per share, representing a 4.90% dividend yield for the company. This dividend is payable on Aug. 14 to shareholders of the record at the close of business on Aug. 6, 2013.

The company’s historical dividend growth is as follows:

· 10-year: 11%

· 5-year: 6.1%

· 3-year: 5.4%

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MarkWest currently has a -21% share buyback rate and a 227.37% dividend payout ratio. To view more dividend information on MarkWest, check out their new Dividend Page.

MarkWest is engaged in the gathering, compressing, treating, processing and transportation of natural gas; the transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil.

MarkWest’s historical price, revenue and net income:

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MarkWest Energy Partners has a market cap of $9.93 billion. Its shares are currently trading at around $66.19 with a P/E ratio of 46.70, a P/S ratio of 5.90 and a P/B ratio of 3.50. The company had an annual average earnings growth of 8.7% over the past ten years.

Chuck Akre and John Keeley hold positions in MarkWest. Click here to see their holding histories.

Magellan Midstream Partners LP (MMP)

On July 25, Magellan Midstream declared a dividend of $0.533 per share, representing a 3.50% dividend yield for the company. This dividend is payable on Aug. 14 to shareholders of the record at the close of business on Aug. 7, 2013.

The company’s historical dividend growth is as follows:

· 10-year: 9.2%

· 5-year: 6.6%

· 3-year: 5.9%

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Magellan Midstream currently has a 4.68% yield on cost as well as a 93.48% dividend payout ratio. You can check out more dividend data for Magellan here.

Magellan Midstream Partners is primarily involved in the transportation, storage and distribution of refined petroleum products. It owns a petroleum products pipeline system, petroleum products terminals and an ammonia pipeline system.

Magellan Midstream’s historical price, revenue and net income:

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Magellan Midstream has a market cap of $12.25 billion. Its shares are currently trading at around $55.13 with a P/E ratio of 27.60, a P/S ratio of 7.20 and a P/B ratio of 8.50. The company had an annual average earnings growth of 7.3% over the past ten years.

John Keeley, Chuck Royce and Jim Simons currently hold shares in MMP. Click here to see their holding histories.

ONEOK Partners (OKS)

On July 25, ONEOK declared a dividend of $0.72 per share, representing a 5.50% dividend yield for the company. This dividend is payable on Aug. 15 to shareholders of the record at the close of business on Aug. 5, 2013.

The company’s historical dividend growth is as follows:

· 10-year: 5.8%

· 5-year: 5%

· 3-year: 4.6%

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ONEOK has a 105.11% dividend payout ratio, a 7.02% yield on cost as well as -3.7% share buyback rate. ONEOK also has a strong history of increasing their dividends. You can view more dividend data on ONEOK by checking out the company’s new Dividend Page.

ONEOK is engaged in the gathering, processing, storage and transportation of natural gas in the U.S. In addition, it owns a natural gas liquids system, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers.

ONEOK’s historical price, revenue and net income:

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ONEOK has a market cap of $11.19 billion. Its shares are currently being traded at around $49.92 with a P/E ratio of 19.50, a P/S ratio of 1.10 and a P/B ratio of 2.50. The company had an annual average earnings growth of 4.5% over the past 10 years.

There are currently three gurus that hold a position in OKS. Click here to see their holding histories.

Energy Transfer Equity LP (ETE)

On July 25, Energy Transfer Equity declared a dividend of $0.655 per share, representing a 4.00% dividend yield for the company. This dividend is payable on Aug. 19 to shareholders of the record at the close of business on Aug. 5, 2013.

The company’s historical dividend growth is as follows:

· 10-year: 0%

· 5-year: 6.3%

· 3-year: 4.4%

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Check out more Energy Transfer Equity dividend information here!

The company is a publicly traded partnership, which owns the general partner of Energy Transfer Partners, a limited partnership company, which through its wholly owned subsidiaries, owns and operates natural gas gathering systems, natural gas intrastate pipeline systems and gas processing plants.

Energy Transfer’s historical price, revenue and net income:

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Energy Transfer has a market cap of $17.59 billion. Its shares are currently traded at around $63.76 with a P/E ratio of 57.10, a P/S ratio of 0.70 and a P/B ratio of 8.50. The company has seen an annual average earnings growth of 9% over the past five years.

There are three gurus that hold a position in ETE. Click here to see their holding histories.

To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.