Commodity Dividend Stocks With Over 4% Yield


Increased demand for energy, raw resources, and agricultural products has propelled the commodity market’s growth. Price increases in oil, natural gas, and precious metals have resulted in record profits for major commodities firms around the world in the preceding year. The sector’s steady rise draws investors who regard commodities as a kind of inflation protection. As of March 22, the Refinitiv CoreCommodities CRB Index was up 28.9% year to date and 58.4% year over year. Last year’s surge in energy and raw material prices resulted in record earnings for big commodity firms.

Insider Monkey highlighted dividend-paying commodity stocks that offer a dividend yield higher than 4%. Due to higher refinery throughput volumes and a higher refining profit, Valero Energy Corporation posted solid fourth-quarter earnings. The Texas-based firm is one of the world’s largest corn ethanol generators. It also generates sustainable energy, having 33 wind turbines in the United States. Enviva Inc., a sustainable wood pellet maker, increased its quarterly dividend payout to $0.86 per share. In addition, the firm reiterated its full-year dividend estimate of $3.62 per share for 2022, which represents a 10% increase over 2021. LYB is one of the commodities sector’s high-yielding dividend stocks. In the last 11 years, the Houston-based corporation has steadily boosted its yearly dividend payout. LyondellBasell Industries N.V. now pays a $4.52 per share yearly dividend to its stockholders. As of March 21, shares of Exxon Mobil Corporation had risen 6.26 percent in the previous month. The Texas-based oil and gas company reported a net income of $8.9 billion, or $2.08 per share, in its fourth quarter financial report in February. Southern Copper Corporation is a major copper producer in the United States. Copper mines are operated by the firm in Peru, Argentina, Ecuador, Mexico, and Chile. Full-year sales increased 36.9% year over year to $10.9 billion, setting a new high for net sales. For more details, click 10 Commodity Dividend Stocks With Over 4% Yield.