Why Enterprise Products Partners (EPD) Stands Out Among Recession-Proof Dividend Stocks

Core Insights - Enterprise Products Partners L.P. (NYSE:EPD) is recognized as one of the 10 Best Recession Proof Dividend Stocks to Buy [1] - The company has demonstrated resilience in generating steady cash flow during economic downturns, including the 2007–2009 financial crisis, the 2015–2017 oil price slump, and the COVID-19 downturn from 2020 to 2022 [2] Company Overview - Founded in 1968, Enterprise Products Partners L.P. has become one of the largest midstream operators in the US, with assets across major shale basins and the Gulf Coast [3] - The company has maintained its dividend payouts through past recessions and even outperformed during the 2008 crisis [3] Operational Strengths - EPD operates an extensive network of pipelines, storage facilities, and infrastructure that transports fossil fuels from the wellhead to end users, earning fees at multiple stages of the supply chain [4] - The company has a strong track record of increasing its dividend for 27 consecutive years, currently offering a quarterly dividend of $0.545 per share and a dividend yield of 6.89% as of September 26 [4]