1 High-Yield Dividend Stock You Can Buy and Hold for a Decade of Income
MPLX has plenty of fuel to continue growing its high-yielding distribution.MPLX (MPLX +1.59%) has been an exceptional income investment over the years. The master limited partnership (MLP) has increased its distribution every year since its formation in 2012. The energy midstream giant currently offers a 7.4% yield, which is several times above the S&P 500's 1.1% dividend yield. The energy company has a strong financial profile and lots of growth coming down the pipeline. As a result, you can buy the MLP (w ...