This MLP is an income-producing machine. MPLX (MPLX 0.75%) offers investors the best of both worlds. The master limited partnership (MLP) pays a high-yielding dividend (over 7%) and has a healthy growth profile. The company's growth drivers have helped fuel a steady rise in its distribution. The MLP has added a lot more fuel to its growth engine this year. The latest addition is its nearly $2.4 billion acquisition of Northwind Midstream. It further enhances the company's ability to increase its high-yieldin ...

Energy Transfer has a lot to offer investors this year. Energy Transfer (ET 0.37%) is one of my largest income investments. I'm pleased to have a higher allocation to the master limited partnership (MLP) because of all it offers investors like me. Here are three reasons I'm excited to hold the midstream giant this year. A lucrative and growing income stream My main reason for owning Energy Transfer is its lucrative distribution. With my low cost basis, I earn a yield of more than 10% on this MLP, compared w ...