Name: This 8.3%-Yielding Dividend Stock Has Plenty of Fuel to Continue Producing Prodigious Amounts of Passive Income
Uploaded: 2024-05-04T08:51:36-04:00
Duration: 5 min
Description: MPLX (NYSE: MPLX) doesn’t get the credit it deserves. The master limited partnership (MLP) has been a top-notch passive income producer since its formation over a decade ago. The midstream company has increased its payment every year, growing it by over 380%. The MLP currently offers an 8.3% distribution yield, putting it several times higher […]

Tag: 8.3Yielding

This 8.3%-Yielding Dividend Stock Has Plenty of Fuel to Continue Producing Prodigious Amounts of Passive Income

MPLX (NYSE: MPLX) doesn’t get the credit it deserves. The master limited partnership (MLP) has been a top-notch passive income producer since its formation over a decade ago. The midstream company has increased its payment every year, growing it by over 380%. The MLP currently offers an 8.3% distribution yield, putting it several times higher […]

If You Like Enterprise Products Partners’ 7.2%-Yielding Payout, You Should Check Out Its 8.3%-Yielding Rival

Enterprise Products Partners (NYSE: EPD) is one of the more popular energy stocks. A big driver of its popularity is its big-time payout. The master limited partnership (MLP) currently offers a 7.2%-yielding distribution. Further, the company has increased its payment for 25 straight years. Investors who like Enterprise Products Partners (and understand the tax complexities […]