A $2.4 Billion Acquisition is Giving This More Than 7%-Yielding Dividend Stock More Fuel to Grow

This MLP is an income-producing machine. MPLX (MPLX 0.75%) offers investors the best of both worlds. The master limited partnership (MLP) pays a high-yielding dividend (over 7%) and has a healthy growth profile. The company's growth drivers have helped fuel a steady rise in its distribution. The MLP has added a lot more fuel to its growth engine this year. The latest addition is its nearly $2.4 billion acquisition of Northwind Midstream. It further enhances the company's ability to increase its high-yieldin ...