This Magnificent Dividend Stock Continues to Pump More Income Into Its Investors' Pockets
Enterprise Products Partners L.P.(EPD) The Motley Fool·2024-07-17 10:13
Ample fuel to continue pushing the payout higher Enterprise Products Partners has spent billions of dollars over the years to expand its integrated midstream business through organic expansion projects and acquisitions. The company invested $2.9 billion into growth capital projects last year, which included spending $65 million in the fourth quarter to buy the Wilson natural gas storage facility. Those investments have helped grow its cash flow, which enables it to continue increasing its distribution. The ...