5 Energy Dividend Stocks with Over 2% Yield

1. Archrock, Inc. (NYSE: AROC)

Number of Hedge Fund Holders: 16
Dividend Yield: 7.2%

Archrock, Inc. (NYSE: AROC) is an energy infrastructure company operating in the US through its Contrac Operations and Aftermarket Services segments. The company ranks 1st on our list of energy dividend stocks with over 2% yield and works to design, outsource, own, install, operate, service, repair, and maintain its fleet of natural gas compression equipment to provide natural gas compression services in the oil and gas industry.

As of this March, B. Riley Securities holds a Buy rating on shares of Archrock, Inc. (NYSE: AROC). The firm’s analyst Thomas Curran also raised his price target on the stock from $8.50 to $12 during the same month.

In the second quarter of 2021, Archrock, Inc. (NYSE: AROC) had an EPS of $0.06, in line with estimates. The company’s revenue was $195.62 million, beating the previous quarter’s revenue of $195.43 million by a small margin. Archrock, Inc. (NYSE: AROC) has gained 11.31% in the past year.

By the end of the first quarter of 2021, 16 hedge funds out of the 866 tracked by Insider Monkey held stakes in Archrock, Inc. (NYSE: AROC) worth roughly $46.6 million. This is compared to 11 hedge funds in the previous quarter with a total stake value of approximately $21.9 million.

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