Losing Sleep Over Your Dividend Portfolio? Consider This High-Yield Partnership
Investing for dividend income is often a trade-off between high yields and dividend security. Maximizing current income can make many investors uncomfortable because of the extra risk it entails. Enterprise Products Partners L.P. (NYSE: EPD), however, offers investors a nice middle ground between safety and yield. Here's what you need to know about this high-yielding partnership.
Enterprise is one of the largest oil and natural gas midstream partnerships in the United States. It owns everything from pipelines to processing facilities to a fleet of ships. The vast majority of its revenue comes from fees, meaning it's basically a toll taker. The often volatile prices of oil and natural gas are far less important than the demand for these vital fuels.
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Source: Fool.com
