This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.

By transporting up to 12% of all natural gas demanded and holding 7% of the nation's storage capacity, Spectra Energy (SE) is a vital cog in our energy wheel. It has been making some pretty serious changes lately, and they all seem to be moving forward as planned. Spectra Energy Partners (SEP) is growing through asset dropdowns, and combined with DCP Midstream (DCP), is set to pay Spectra Energy growing distribution payments. This family of companies is certainly an investor friendly cohort.

Spectra Energy certainly isn't the only high-flying dividend payer