Enbridge, Enterprise Products Partners, and MPLX quietly compound dividends with high yields and long growth streaks

Corporate Action
โดย The Motley Fool·CAUS·Read original
Summary · why it matters

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.

Impact on stocks 4

Energy · 2 stocks
MPLX LP
MPLX
▲ PositiveCapitalrelevance

High yield and strong distribution growth outlook make it attractive.

Energy Transition & Power Demand · 1 stocks
Enbridge Inc
ENB
▲ PositiveCapitalrelevance

High yield and long dividend growth streak highlighted as positive for income investors.

Synthetic Biology (non-pharma) · 1 stocks