Enterprise Products Partners: Your Next High-Yield Dividend Stock
Now that the S&P 500 (SNPINDEX: ^GSPC) has dipped into correction territory, some investors may be thinking about adding some "less exciting" investments to their portfolios to ease the inevitable volatility. There are plenty of options on that front, but one that you may not be expecting is Enterprise Products Partners (NYSE: EPD).After all, it hails from the highly volatile energy sector. Don't let that fool you, though: This is a very attractive dividend stock. Here's why.Investors tend to buy income-generating stocks for the income they generate. On that score, Enterprise Products Partners offers a very attractive 6.3% distribution yield.Continue reading
Now that the S&P 500 (SNPINDEX: ^GSPC) has dipped into correction territory, some investors may be thinking about adding some "less exciting" investments to their portfolios to ease the inevitable volatility. There are plenty of options on that front, but one that you may not be expecting is Enterprise Products Partners (NYSE: EPD).
After all, it hails from the highly volatile energy sector. Don't let that fool you, though: This is a very attractive dividend stock. Here's why.
Investors tend to buy income-generating stocks for the income they generate. On that score, Enterprise Products Partners offers a very attractive 6.3% distribution yield.
