2 High-Octane, High-Yielding Dividends You Won't Want to Miss
Most high-yielding dividend stocks tend to be slower-growing companies. Because of that, the income stream makes up the bulk of the return you'll earn on the investment. However, that's not always the case. MPLX (NYSE: MPLX) and Plains All American Pipeline (NASDAQ: PAA) pay fast-growing, high-yielding dividends. As a result, they could have the fuel to produce higher total returns in the coming years. MPLX currently pays a 7.1%-yielding cash distribution. That's several times higher than the S&P 500's 1.2% dividend yield. It's also higher than the yields of its more popular peers, Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD). Its fellow master limited partnerships (MLPs) currently yield around 6.5%. Continue reading
Most high-yielding dividend stocks tend to be slower-growing companies. Because of that, the income stream makes up the bulk of the return you'll earn on the investment.
However, that's not always the case. MPLX (NYSE: MPLX) and Plains All American Pipeline (NASDAQ: PAA) pay fast-growing, high-yielding dividends. As a result, they could have the fuel to produce higher total returns in the coming years.
MPLX currently pays a 7.1%-yielding cash distribution. That's several times higher than the S&P 500's 1.2% dividend yield. It's also higher than the yields of its more popular peers, Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD). Its fellow master limited partnerships (MLPs) currently yield around 6.5%.
