Workflow
This Nearly 8.5%-Yielding Dividend Stock Has Plenty of Fuel to Grow Through at Least 2026
MPLXMPLX(MPLX) The Motley Fool·2024-11-07 10:32

MPLX continues to add new expansion projects to its backlog.MPLX (MPLX 2.34%) has been a very steady grower over the years. It has invested heavily in organic expansion projects and acquisitions to grow its midstream footprint. These investments have paid big dividends for investors over the years. The master limited partnership (MLP) has increased its distribution every year since it came public in 2012.The MLP has plenty of fuel to continue growing its high yield of nearly 8.5% in the coming years. Here's ...