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This Nearly 7%-Yielding Dividend Stock Is About to Hit a Growth Spurt

Enterprise Products Partners recently reported its second-quarter financial results. The midstream company generated 1.9billionofdistributablecashflowduringtheperiod,representinga71.9 billion of distributable cash flow during the period, representing a 7% increase from the prior year. That's an acceleration from the first quarter when its distributable cash flow increased 5% year over year to 2 billion. The MLP delivered higher year-over-year earnings growth "in a seasonally weaker quarter challenged with macroeconomic, geopolitical, and commodity price headwinds," c ...