Enterprise Products' Distribution Yield Is More than 6%: Is it Lucrative?
Key Takeaways Enterprise Products posts steady fee-based earnings and a long record of distribution growth.EPD's 6.79% yield sits below the industry today, but its three-year median outpaces peers.EPD units gained 6.5% in a year and trade at a lower EV/EBITDA than the broader industry.Enterprise Products Partners LP (EPD) is a midstream energy giant. Notably, EPD’s midstream properties comprise pipeline assets spanning more than 50,000 miles, liquids storage properties with a capacity of more than 300 thous ...