Reported 6 months ago
The article discusses the benefits of investing in high-yield dividend stocks like Enbridge and Enterprise Products Partners, both offering significant dividend payouts. Enbridge, with a forward dividend yield of 7.5%, has a sustainable payout ratio and strong cash flow, expected to grow through various expansion projects. Enterprise Products Partners, with a yield of over 7%, generates stable cash flow from long-term contracts and has a strong balance sheet, enabling continuous distribution growth. Both companies have a history of increasing dividends, making them attractive investments for those looking for a growing income stream under $200.
Source: YAHOO