If You Like Enterprise Products Partners' 7.2%-Yielding Payout, You Should Check Out Its 8.3%-Yielding Rival
Enterprise Products Partners (NYSE: EPD) is one of the more popular energy stocks. A big driver of its popularity is its big-time payout. The master limited partnership (MLP) currently offers a 7.2%-yielding distribution. Further, the company has increased its payment for 25 straight years.
Investors who like Enterprise Products Partners (and understand the tax complexities of owning an MLP) should check out fellow MLP (NYSE: MPLX). The company offers a higher 8.3% yield and has grown its distribution faster in recent years. Here's a closer look at how MPLX stacks up against Enterprise Products Partners.
MPLX is a diversified, large-scale MLP formed by refining giant Marathon Petroleum. It has two business segments:
Source Fool.com
MPLX L.P. Stock
€11.77
3.170%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on MPLX L.P..
With a target price of 42 € there is potential for a 256.84% increase which would mean more than doubling the current price of 11.77 € for MPLX L.P..
