This year's downturn in the energy market has taken a growing number of dividends down with it, including several notable payouts . However, a few monster energy-fueled dividends remain intact, including the nearly 17%-yielder from MLP Crestwood Equity Partners (NYSE: CEQP) . While the double-digit yield suggests the market believes a cut is inevitable, Crestwood continues to think it can maintain its current distribution level.
The company backed that view by recently reporting reasonably solid third-quarter numbers and unveiling a fairly optimistic glimpse of what's ahead in 2021.
Metric
For further details see:
This 17%-Yielding Energy Stock Believes It Can Sustain Its Monster Dividend