Bill Gross believes MLPs are really attractive right now.Bill Gross made a lot of money for his investors (and himself) at PIMCO, the investment management firm he co-founded. Forbes estimates his net worth at $1.7 billion. He made most of his money investing in bonds (he's known as the "Bond King").Today, Gross favors a different type of income-generating investment: master limited partnerships (MLPs). Here's a look at why he prefers them over other pipeline stocks for those seeking tax-advantaged income. ...

Enterprise Products Partners is one of the highest-quality, high-yielding dividend stocks. Enterprise Products Partners (EPD -1.08%) is in the upper echelon of dividend stocks. It stands out for the attractiveness of its dividend and the financial metrics backing its payout. It's on such a sound financial foundation that investors can rely on its high-yielding distribution payments. Here's a closer look at how the master limited partnership (MLP) stands out among the dividend elite. A top-tier dividend stoc ...

Abbott Laboratories (ABT) is slated to report its third-quarter 2024 results on Oct. 16, before the opening bell. The company delivered adjusted earnings per share (EPS) of $1.14 in the last quarter, which topped the Zacks Consensus Estimate by 3.64%. In the trailing four quarters, its earnings exceeded the Zacks Consensus Estimate on all four occasions, the average beat being 2.34%. Q3 Estimates The Zacks Consensus Estimate for ABT's third-quarter 2024 revenues is pegged at $10.56 billion. This suggests a ...

These companies are consistent dividend payers. This year, some notable companies have cut or eliminated their dividends. For example, former stalwarts Walgreens and 3M ended decades-long streaks of dividend growth with deep cuts to their payouts. It's a situation that can make some investors want to give up altogether on income investing. However, while some formerly reliable companies have disappointed investors on the dividend front in recent years, others have continued to make their payments no matter ...

As geopolitical tensions between Iran and Israel escalate, the global energy markets are once again on edge. Recent developments, including Iranian missile strikes on Tel Aviv and Israel's ground operations in southern Lebanon, have rattled investor confidence. The rising fear that the conflict in the Middle East could disrupt supply from key oil-producing nations has already triggered a surge in oil prices. The effects of market volatility are generally more subdued for the midstream energy sector, which p ...

The most recent trading session ended with Enterprise Products Partners (EPD) standing at $29.25, reflecting a +0.21% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.21%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%. Shares of the provider of midstream energy services witnessed a gain of 0.14% over the previous month, beating the performance of the Oils-Energy sector with its loss of 4.39% ...

My investing approach typically consists of buying dividend stocks ( SCHD ) with the intent of being willing to hold them indefinitely, as long as the investment thesis remains intact. As a result, I rarely consider how I expect the stock to If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor. We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 ...

Enterprise Products Partners has an unbroken streak of paying quarterly distributions. Enterprise Products Partners (EPD 0.20%) is as reliable as they come. The master limited partnership (MLP) has paid cash distributions to its unitholders every single quarter since its initial public offering (IPO) 26 years ago. It most recently extended that streak by declaring its latest distribution payment. While the MLP didn't raise the payout this quarter, its current level is 5% higher than in the same period of la ...

Three high-octane income stocks -- sporting an average yield of 6.23% -- have the necessary tools and intangibles to make their patient shareholders richer. One of the best aspects of putting your money to work on Wall Street is that there's no one-size-fits-all strategy. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, investors of all walks and risk tolerances can find securities that match their investing goals. There are, however, certain strategies that gener ...

Enterprise Products Partners (EPD) closed the latest trading day at $29.31, indicating a +0.69% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.93% for the day. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq lost 1.53%. Shares of the provider of midstream energy services witnessed a loss of 0.78% over the previous month, beating the performance of the Oils-Energy sector with its loss of 2.51% and underperforming the S&P 500's gain of 2.17 ...