This 7%-Yielding Energy Stock Just Raised Its Dividend for the 26th Year in a Row
EPDEnterprise Products Partners L.P.(EPD) The Motley Fool·2024-08-20 19:01

Enterprise Products Partners is an income-producing machine.Enterprise Products Partners (EPD 0.93%) has a knack for increasing its cash-distribution payments to investors. The master limited partnership (MLP) has given its investors a raise twice already this year and boosted its payout by 5% over the last 12 months. That continues its long history of dividend growth. This year marks its 26th consecutive year of distribution increases. The MLP has ample fuel to continue increasing its distribution, which c ...