If you take a look at stocks with dividend yields north of 10%, you’d see that most of them aren’t perfect. Whether they are impacted by a cyclical downturn or a secular shift in the industry, double-digit yielders are not known to be the safest bets.
And that’s why Summit Midstream Partners LP (NYSE: SMLP) deserves your special attention. While the stock offers one of the highest payouts in today’s market, its business has actually been solid. Let me explain.
Source: Seeking Alpha
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