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This 9%-Yielding Dividend Is Growing Stronger by the Deal

TheMotleyFool

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This 9%-Yielding Dividend Is Growing Stronger by the Deal: https://g.foolcdn.com/editorial/images/682138/two-people-shaking-hands-with-an-energy-facility-in-the-background.jpg

Crestwood Equity Partners (NYSE: CEQP) has made a lot of deals over the past few years. Each one has helped increase its focus on its core regions and improve its financial profile so that the company can build long-term value for investors.

The master limited partnership's (MLP) appetite for wheeling and dealing is as strong as ever. It recently unveiled a trio of transactions that accomplish those strategic goals. That's putting its 9%-yielding distribution on an even stronger foundation, increasing its attraction to investors seeking a sustainable passive-income stream.

Image source: Getty Images.

Source Fool.com

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