This 7.6%-Yielding Dividend Stock Continues to Demonstrate Why It's a Premier Passive Income Investment
EPDEnterprise Products Partners L.P.(EPD) The Motley Fool·2024-05-01 21:35

Enterprise Products Partners continues to produce plenty of cash to cover its big-time distribution and expansion plan. Enterprise Products Partners (EPD -1.78%) has been one of the most reliable income stocks in the energy sector. The master limited partnership (MLP) has increased its cash distribution for 25 years in a row. That's impressive, given the industry's volatility. The pipeline giant currently offers a 7.6%-yielding payout. That lucrative passive income stream is on an extremely firm foundation, ...