Reported 24 days ago
Enterprise Products Partners (NYSE: EPD) is poised to enhance its growth through increased project investments, as evidenced by solid Q3 results showing a 5% rise in gross operating profit and a forward dividend yield of 7.2%. With plans to spend $3.5 to $4 billion on growth initiatives, bolstered by a healthy balance sheet and a history of consistent distribution increases, the stock presents an appealing investment opportunity at a historically low valuation despite a cautious stance from some analysts.
Source: YAHOO