Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why I Just Bought More of This Ultra-High-Yield Dividend Stock


I'm not an income investor. However, you could call me a future income investor. In other words, I like stocks that hold the potential to deliver exceptional total returns and could bolster my income when I retire years from now.

Enterprise Products Partners (NYSE: EPD) is a great example of such a stock. I first invested in this limited partnership (LP) a few years ago. Here's why I just bought more of this ultra-high-yield dividend stock.

Just how ultra-high is Enterprise Products Partners' yield? It's currently above 7.3%. As an LP, Enterprise technically pays a distribution rather than a dividend. Whatever you call it, it's mouthwatering.

Continue reading


Source Fool.com

Like: 0
EPD
Share

Comments