ENLC - These 3 Ultra-High-Yield Stocks Are Starting to Look Attractive
This year has not been a good one for income investors. With the COVID-19 outbreak shutting down much of the global economy, many companies slashed their payouts to preserve cash. While investors experienced industrywide dividend destruction, the energy sector was among the hardest hit because demand and pricing for oil cratered.
However, with the economy starting to rebound, taking oil demand up with it, the worst seems to be over for the sector. Now dividend investors can pick through the carnage and find some enticing payouts. Three intriguing options are midstream companies DCP Midstream (NYSE: DCP), Delek Logistics Partners (NYSE: DKL), and EnLink Midstream (NYSE: ENLC), which all yield more than 10%. Here's why income seekers might want to take a closer look at these big-time payouts.
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