HESM - 3 High-Quality Ultra-High-Yield Dividend Stocks Passive Income Investors Won't Want to Miss
2023-05-11 08:38:00 ET
A high dividend yield is often a warning sign. It can signify that the payout is at a higher risk of a reduction.
However, that's not always the case. Many pipeline companies offer investors high-yielding payouts that are on very firm foundations. That makes them great options for those seeking to generate passive income . Three high-yielding pipeline stocks that income-focused investors won't want to miss are Crestwood Equity Partners (NYSE: CEQP) , Hess Midstream (NYSE: HESM) , and MPLX (NYSE: MPLX) .
Crestwood Equity Partners currently offers investors a monster 11.5% yield. The master limited partnership (MLP) generates plenty of steady recurring cash flow backed by long-term, fixed-rate contracts to cover that payout.
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3 High-Quality Ultra-High-Yield Dividend Stocks Passive Income Investors Won't Want to Miss