When you see a high yield stock in today’s market, you might be wondering whether the company is going to cut its payout soon. And while double-digit yielders are not exactly known for their dividend safety, this high dividend stock’s payout is actually rock-solid. In fact, investors who put their money in this company today may see even bigger dividend checks in the near future because of the growing amount of cash the business generates.
I’m looking at Energy Transfer Partners LP (NYSE:ETP), a master limited partnership headquartered in Dallas, Texas. Energy Transfer started in 1995 as a small intrastate natural gas pipeline operator. Today, it is one of the largest midstream MLPs in the U.S. with more than 71,000 miles of natural gas, natural gas liquids (NGLs), crude oil, and refined products pipelines. Now, I know what you are thinking. In recent years, the energy sector wasn’t really known for its dividend safety. As a matter of fact, since the downturn in oil and gas prices started in the summer of 2014, quite a few energy firms have cut back their dividends.
Source: Income Investors
Related Articles:
- Wealth is a Journey, Dividend Stocks Can Take You There
- 3 Higher-Quality, High-Yield Dividend Stocks
- 10 Stocks With Sustainable Dividend Growth
- 12 Dividend Growth Stocks With A Good Yield/Growth Mix
- Who is Ben Grossbaum and Why Should We Listen to Him?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
For long-term performance, investors should consider pivoting their portfolios toward stocks that deliver high and growing dividend payouts,...
-
Finding great long-term investments that will pay you dividends for years to come isn't always easy. Plenty of stocks offer high yields,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Dividend investors often get stuck with popular names in their portfolio, perhaps because these stocks are so often talked about that there&...
-
Any company that can double its dividend over a five-year stretch is delivering rapid payout growth. To reach that target, the company would...
-
Talk to the average financial advisor, and they’ll say there’s no way to earn a safe 12% yield on your investment these days. After all, ban...
-
By any measure the stock market is overbought. With yields still at historic lows despite the increases in the federal funds rate, and the p...
-
Buying and holding great dividend stocks is a fantastic way for patient investors to achieve outsize returns over the long run. But not ever...
-
Dividend payers have long had a reputation as stodgy companies that can pay a reliable income but whose stocks don't move too fast. Here...
0 comments
Post a Comment
Post a Comment