Want Safe Income? This Stock Raised Its Dividend in the Last 3 Recessions.
The big attraction of Enterprise Products Partners (EPD 0.37%) today is probably its huge 7.4% distribution yield. But a high yield alone isn't enough to make this midstream giant a buy in the economically sensitive energy industry. That said, its 25-year streak of annual distribution increases might be a good reason to own it if you are the type of investor that wants a safe income stream. Here's what you need to know.Enterprise has proven it can survive economic downturnsRecessions are a part of the busin ...