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This Ultra-High-Yield Dividend Stock Is Looking Increasingly Attractive

TheMotleyFool

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This Ultra-High-Yield Dividend Stock Is Looking Increasingly AttractivePhoto, wide shot, wide-angle lens, Coal company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.midjourneyapi.xyz/temp/2a011bdc-adca-4de9-8457-d868b31178cf.png

Tallgrass Energy (NYSE: TGE) recently reported its second-quarter financial results. Those numbers confirmed that the midstream oil and gas company's 10%-yielding dividend is in solid shape. That alone should make the company an attractive option for income-seeking investors.

Tallgrass Energy is even more appealing when factoring in its growth prospects. The company has recently completed several expansion-related initiatives that should provide further support for the dividend. Meanwhile, it continued to make progress on three exciting opportunities that could drive needle-moving growth in the coming years.

Image source: Getty Images.

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