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This Ultra-High-Yield Dividend Stock's Numbers Look Rock Solid

TheMotleyFool

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This Ultra-High-Yield Dividend Stock's Numbers Look Rock Solid

MPLX (NYSE: MPLX) has been a bit of an enigma over the past year. Units of the master limited partnership (MLP) have tumbled nearly 30% during the last 12 months even though it has produced solid financial results, which was evident during the fourth quarter. While the company's acquisition of affiliated MLP Andeavor Logistics had some impact, it ended the year on a solid financial footing.

Metric

Q4 2019

Source Fool.com

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