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 (NYSE: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 (NYSE:SEP) is growing through asset dropdowns, and combined with DCP Midstream (NYSE: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