This Magnificent High-Yield Dividend Stock Has Ample Fuel to Continue Growing
Enterprise Products Partners L.P.(EPD) The Motley Fool·2024-10-30 18:38
The MLP continues to find new ways to expand. Enterprise Products Partners (EPD -0.14%) offers investors the best of both worlds. The master limited partnership (MLP) provides a prodigious passive income stream that currently yields over 7%. On top of that, it has an excellent record of growing. It has increased its payout for 26 straight years, fueled by its steadily rising cash flow. The MLP has plenty of fuel to continue growing. That was abundantly clear in its third-quarter earnings report on Tuesday. ...