ET - Looking for a Monster Super-Safe Yield? Add 1 of These Big-Time Dividend Stocks to Energize Your Income
2024-02-03 05:22:00 ET
Higher-yielding dividend stocks are often higher-risk investments. Those bigger payouts offer investors tempting potential rewards for putting their money into a company with a higher risk profile.
However, some high-yield stocks provide investors with the best of both worlds -- low-risk, high-yielding payouts. Energy Transfer (NYSE: ET) , Enterprise Products Partners (NYSE: EPD) , and MPLX (NYSE: MPLX) are in that group. Because of that, these master limited partnerships (MLPs) can help investors energize their income streams.
At its current share price, Energy Transfer's dividend yields 8.7%. That's more than 6 times the S&P 500 's roughly 1.4% dividend yield .
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Looking for a Monster, Super-Safe Yield? Add 1 of These Big-Time Dividend Stocks to Energize Your Income