The Ultimate High-Yield Stock to Buy With $500 Right Now
EPDEnterprise 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,soyoucangetinthedoorwithevenlessthan30, so you can get in the door with even less than 500 if you want.Enterprise Products Partner ...