2 Dividend Stocks to Bankroll Your Retirement
There's a huge difference between accumulating wealth for retirement and living off of your nest egg once you have finally retired. One tried and true method of funding retirement is to invest in income-producing securities, so you can live off of the money your portfolio generates rather than simply spending down your hard-earned savings. Here are two high-yield options for doing just that.
With a market cap of $57 billion, midstream-focused Enterprise Products Partners (NYSE: EPD) hardly ranks among the world's largest energy companies. However, it is easily one of the largest pipeline, storage, and energy-processing facility owners in North America. The key here is that Enterprise does not drill for oil, so often-volatile energy prices aren't all that important to the limited partnership's top and bottom lines. Instead, it charges fees for the use of its assets. That means that demand for these vital fuels is the important factor -- and it appears that demand is likely to remain strong for many years to come. Fees make up around 85% of Enterprise's gross operating margin.
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Source Fool.com
