Want a Stable Income Stream? This Ultra-High-Yielding Dividend Is Very Safe and Secure.
A high dividend yield can sometimes be a warning sign. Many companies with well-above-average payouts have had to cut their dividends at the first sign of financial trouble. Because of that, investors need to be careful when investing in a stock with a higher yield. However, not all high-yield dividend stocks are at a high risk of a payout reduction. Enterprise Products Partners (NYSE: EPD) has proven the durability of its high-yielding payout (6.5%) over the years. The master limited partnership (MLP) has increased its distribution every year for more than a quarter century. That steady growth is very likely to continue. Because of that, the MLP is a very safe option for investors seeking a stable passive income stream.Enterprise Products Partners generates lots of stable cash flow. The midstream company transports, processes, produces, stores, and exports a variety of hydrocarbons and related products via assets primarily backed by long-term, fee-based contracts and government-regulated rate structures. Continue reading
A high dividend yield can sometimes be a warning sign. Many companies with well-above-average payouts have had to cut their dividends at the first sign of financial trouble. Because of that, investors need to be careful when investing in a stock with a higher yield.
However, not all high-yield dividend stocks are at a high risk of a payout reduction. Enterprise Products Partners (NYSE: EPD) has proven the durability of its high-yielding payout (6.5%) over the years. The master limited partnership (MLP) has increased its distribution every year for more than a quarter century. That steady growth is very likely to continue. Because of that, the MLP is a very safe option for investors seeking a stable passive income stream.
Enterprise Products Partners generates lots of stable cash flow. The midstream company transports, processes, produces, stores, and exports a variety of hydrocarbons and related products via assets primarily backed by long-term, fee-based contracts and government-regulated rate structures.
