Enterprise Products Partners: A 7% Yielding Dividend Stock with Strong Cash Flow

Reported 3 months ago

Enterprise Products Partners (NYSE: EPD) is a master limited partnership that has consistently paid quarterly cash distributions for 26 years, currently yielding approximately 7%. The MLP generates reliable cash flow from its diversified energy midstream operations and has a strong balance sheet, allowing it to continue increasing its payouts. With strategic acquisitions and a robust project backlog, the company is well-positioned for future growth, making it an attractive income investment for long-term investors.

Source: YAHOO

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