Reported 1 day ago
To achieve a passive income of over $4,700 this year, consider investing $25,000 in each of three midstream energy stocks: Enbridge, Energy Transfer, and Enterprise Products Partners. Enbridge, with a forward dividend yield of 6%, is expanding its operations in renewable energy and has increased its dividend for 30 years. Energy Transfer, yielding 6.51%, has shown strong growth and plans to increase distributions annually. Enterprise Products Partners boasts a yield of 6.4% and 27 years of distribution growth, backed by solid financial performance. Together, these investments could provide substantial returns.
Source: YAHOO