Because of the downturn in oil and gas prices, many energy companies saw huge drops in their share prices. And due to the inverse relationship between stock price and dividend yield, some of these beaten-down energy companies have become the highest-yielding names in today’s stock market.
When there are dozens of companies paying 10% or more, EQT Midstream Partners LP’s (NYSE:EQM) 6.6% dividend yield doesn’t really make it stand out. However, the stock does deserve income investors’ attention for a very simple reason: dividend growth.
Source: Income Investors
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