How Much to Invest in Enterprise Products Partners Stock for $1,000 Dividend Income

Reported 7 months ago

Enterprise Products Partners (NYSE: EPD) is a popular choice for investors seeking dividend stocks in the oil and gas sector due to its consistent annual dividend growth over the past 25 years and a current high yield of 7.3%. To earn $1,000 in annual dividend income, investors would need to purchase around 485 shares of the stock or invest approximately $13,700. With a strong balance sheet, steady cash flows, and ongoing growth projects, Enterprise Products Partners remains a reliable choice for income investors.

Source: YAHOO

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