2024-05-11 04:29:00 ET
Enterprise Products Partners (NYSE: EPD) is perhaps best known for its steady, consistent results and attractive distribution payout.
The pipeline operator has been a model of consistency over the years, growing its distribution each year for the past 25 years regardless of energy prices and economic cycles. The stock carries a 7.3% yield, which is an attractive payout for investors looking for income.
With its first-quarter results, Enterprise once again showed the steadiness of its business model. However, the company is set to go into growth mode, which should excite investors even more.
For further details see:
Enterprise Products Partners Is Set to Enter Growth Mode. Is It Time to Buy This Dividend Stock With a 7.3% Yield?