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This Magnificent High-Yield Dividend Stock Continues to Pump More Cash Into Its Investors' Pockets
The Motley Foolยท 2025-07-10 13:26
Enterprise Products Partners (EPD -0.52%) continues to be an income-generating machine for its investors. The master limited partnership (MLP) recently declared its latest distribution payment. It's paying $0.545 per unit ($2.18 annualized), up from $0.535 last quarter ($2.14 annualized). This hike continues the steady upward trend in the distribution, which has increased for 26 consecutive years. At its recent unit price, the midstream giant's distribution yield is approaching 7%. The MLP should have plent ...