MPLX - These 2 Ultra-High-Yield Dividend Stocks Are Severely Underrated
The energy sector is a great space for income-focused investors. Many companies in the industry offer above-average dividend yields. However, investors tend to focus on the most popular names. Meanwhile, some high-quality income producers aren't getting any attention.
Two companies with high-yielding dividends that don't get anywhere near the credit that they deserve from investors are Delek Logistics Partners (NYSE: DKL) and MPLX (NYSE: MPLX) . Here's a closer look at these underrated energy stocks.
Delek Logistics Partners has quietly been a phenomenal income producer. The master limited partnership (MLP) pays a hefty distribution -- its yield at the current share price clocks in at 8.4%. Meanwhile, the MLP has boosted its distribution to investors for 40 straight quarters. That's an impressive streak considering that many of its peers have slashed their distributions in recent years due to all the volatility in the energy sector. Overall, in the years since the MLP was formed in late 2012, it has increased its payout by 172%.
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These 2 Ultra-High-Yield Dividend Stocks Are Severely Underrated