Enterprise Products Partners LPNearly 30 years of distribution increases and high yield attract income investors.
Three midstream energy stocks are quietly compounding dividends with high yields and long growth streaks. Canada-based Enbridge offers a forward yield of 5.1% and has increased payouts by an average of 7.3% per year over the past decade. Enterprise Products Partners has raised its distributions for nearly 30 consecutive years, with a forward yield of nearly 6% and average annual payout growth of 4% over the past five years. MPLX, affiliated with Marathon Petroleum, provides a forward yield of 7.3% and has grown distributions by an average of 11.5% annually over the past decade, with management anticipating 12.5% growth over the next two years.
Enterprise Products Partners LPNearly 30 years of distribution increases and high yield attract income investors.
MPLX LPHigh yield and strong distribution growth outlook make it attractive.
Enbridge IncHigh yield and long dividend growth streak highlighted as positive for income investors.
Marathon Petroleum Corp