1 Stock That's Quietly Paying Investors a Monster 6% Dividend Yield
Enterprise Products Partners offers an excellent dividend yield backed by strong, stable cash flows.
Overview
Investing in dividend stocks can be a great way to generate passive income from your investment portfolio. Rather than chasing growth, income investors focus on investing in companies that consistently return cash to shareholders.
That's where energy pipeline giant Enterprise Products Partners (NYSE: EPD) shines. The company recently raised its distribution payout and offers investors a monster 6% yield. If you're considering investing in Enterprise Products for income, here's what you need to know.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.