This 7%-Yielding Dividend Stock Continues to Grow Stronger

Enterprise Products Partners (EPD -0.47%) offers investors a lucrative passive income stream. The master limited partnership's (MLP) distribution currently yields around 7%. That's several times higher than the S&P 500's 1.3% dividend yield. The company's rising volumes helped fuel an 11% increase in its adjusted cash flow from operations, which rose to $2.1 billion. That was enough cash to cover the company's high-yielding payout by a comfy 1.6 times, even after increasing it by 5% over the past year (the ...