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MSFT - Enterprise Products Partners: Still My Largest Holding After An Impressive 2022
February, 05 2023 07:00 AM
Microsoft Corporation
Summary Enterprise Products Partners recently reported earnings for 2022, complete with another distribution hike. Units are still cheap at 7x cash flows and I think patient investors can expect multiple expansion in coming years. The yield sits at 7.6% after the most recent hike, and the distribution growth is set to continue. Units are a buy today near $25 and I think investors will see double-digit returns for several years to come. For further details see:
Enterprise Products Partners: Still My Largest Holding After An Impressive 2022
Stock Information
Company Name:
Microsoft Corporation
Stock Symbol:
MSFT
Market:
NASDAQ
Website:
microsoft.com
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