This High-Yield Dividend Stock Remains Focused on Making Its Investors Richer
Enterprise Products Partners (NYSE: EPD) has been an enriching investment over the years. The master limited partnership (MLP) has generated an average annual total return of 13.8% since it came public a quarter-century ago. That has trounced the S 500's 7.5% average annual total return during that period.
The MLP's big-time distribution has been a major contributor to its market-crushing total returns over the years. At 7.5% these days, it's significantly above average (the S 500 currently yields 1.6%).
However, that big-time payout is only part of the total return. The midstream giant takes a balanced approach to growing its total value for investors by wisely allocating capital toward initiatives that will make them richer over the long term.
Source Fool.com
MLP SE Stock
Currently there is a rather positive sentiment for MLP SE with 3 Buy predictions and 0 Sell predictions.
With a target price of 10 € there is a hugely positive potential of 78.25% for MLP SE compared to the current price of 5.61 €.
