Can This High-Yield Stock Continue to Raise Its Distribution?
EPDEnterprise Products Partners L.P.(EPD) The Motley Fool·2024-02-26 20:33

Enterprise Product Partners (EPD 0.36%) has all the qualities investors should look for in a high-yield stock: a predictable business model; strong distribution coverage; solid balance sheet; and growth. This has allowed Enterprise to increase its distribution for 25 consecutive years. Notably, Enterprise is structured as a master limited partnership (MLP) that issues a K-1. The tax treatment of MLP distributions is more complex, so it's best to consult a tax specialist before any investment. So, can Enterp ...