Enterprise Products Partners: Is It Time to Buy This Consistent Dividend Payer?
Consistency has been a trademark of Enterprise Products Partners (NYSE: EPD) throughout its storied history. Through various energy and economic down cycles, the pipeline company serving the midstream market has been able to maintain its distribution and continually increase it. Last year marked the 26th straight year that the company raised its dividend.With investors once again faced with economic uncertainty and lower energy prices, is now the time to buy Enterprise and its 7.2% forward yield? Let's take a closer look at the company's recent quarterly report to find out if the company can once again be a ballast in the current trade war storm.Image source: Getty Images.Continue reading
Consistency has been a trademark of Enterprise Products Partners (NYSE: EPD) throughout its storied history. Through various energy and economic down cycles, the pipeline company serving the midstream market has been able to maintain its distribution and continually increase it. Last year marked the 26th straight year that the company raised its dividend.
With investors once again faced with economic uncertainty and lower energy prices, is now the time to buy Enterprise and its 7.2% forward yield? Let's take a closer look at the company's recent quarterly report to find out if the company can once again be a ballast in the current trade war storm.
Image source: Getty Images.
