Want a Stable Income Stream? This Ultra-High-Yielding Dividend Is Very Safe and Secure.
A high dividend yield can sometimes be a warning sign. Many companies with well-above-average payouts have had to cut their dividends at the first sign of financial trouble. Because of that, investors need to be careful when investing in a stock with a higher yield. However, not all high-yield dividend stocks are at a high risk of a payout reduction. Enterprise Products Partners (EPD 0.18%) has proven the durability of its high-yielding payout (6.5%) over the years. The master limited partnership (MLP) has ...