The Ultimate High-Yield Stock to Buy With $500 Right Now
Enterprise Products Partners L.P.(EPD) The Motley Fool·2024-09-21 15:36
If what you are looking for is high yield, then this giant midstream player has you covered with its 7% yield and 26 annual distribution hikes. The average energy stock yields 3.2%. The S&P 500 yields 1.2%. Midstream energy giant Enterprise Products Partners (EPD -0.24%) yields 7%, twice as much as the average energy stock and over five times more than the broader market. And Enterprise's unit price is only about $30, so you can get in the door with even less than $500 if you want. Enterprise Products Partn ...