The world’s energy demand is set to rise due to technology, population growth, and a growing middle class. Although cleaner energy sources like renewables will contribute significantly, fossil fuels will remain essential for the global economy.

To benefit from this rising energy demand, consider investing in Brookfield Renewable (BEP), Kinder Morgan (KMI), and Chevron (CVX). These energy stocks offer increasing dividends, making them attractive to investors.

Brookfield Renewable’s Promising Dividends

Brookfield Renewable: Offers a 5.3% yield for limited partners and a 4.5% yield for corporate shareholders. The company, managed by Brookfield Asset Management, invests in various renewable energy assets globally.

Brookfield focuses on acquiring undervalued assets, enhancing their worth, and reinvesting profits into new projects. Its consistent dividend growth, averaging 6% annually over the last 20 years, makes it appealing for dividend investors.

Kinder Morgan’s Expansion in Natural Gas

Kinder Morgan: Anticipates a 20 Bcf/d increase in natural gas demand by 2030. With its infrastructure, Kinder Morgan already transports 40% of the U.S.’s gas production and controls 15% of storage capacity.

Recent projects, such as the $3 billion South System Expansion, will enhance its capacity, allowing for sustainable cash flow growth and continued dividend increases, currently yielding nearly 5%.

Chevron’s Long History of Dividend Growth

Chevron: Renowned for its strong dividend history, Chevron has raised its dividend for over 35 years, including an 8% increase this year. With expected growth in free cash flow, Chevron aims for an average of over 10% growth through 2027, potentially leading to even larger dividends.