This 6.5%-Yielding Dividend Stock Is Coming Off a Record Year and Has Plenty of Fuel to Continue Growing
Enterprise Products Partners (EPD -0.42%) recently reported its fourth-quarter and full-year results for 2024. The master limited partnership (MLP) posted record financial results fueled by record volumes across its midstream network. That gave it the wherewithal to increase its distribution by another 5%, pushing its payout to its current yield of around 6.5%. That also brought its streak of annual distribution hikes to 26 straight years.The high-yielding MLP expects to build on that record year in 2025. H ...