This 6.9%-Yielding Dividend Stock Just Can't Stop Adding More Fuel to Its Growth Engine
Enterprise Products Partners L.P.(EPD) The Motley Fool·2024-04-04 08:43
Enterprise Products Partners quickly refueled its backlog of expansion projects.Enterprise Products Partners (EPD 0.44%) is an income investor's dream. The master limited partnership (MLP) offers a steadily growing high-yielding payout and has increased its 6.9%-yielding distribution annually for a quarter-century, including by 5.1% over the past year. That growth should continue. The MLP recently completed a couple of expansion projects and added a new one to backfill its backlog, giving it even more fuel ...