Dividends4Life: This High-Yield Dividend Stock Loves to Hand Out More Money to Investors

Dividend Growth Stocks News

Most companies try to give their shareholders a raise each year by increasing their dividends as profits grow. Some companies, however, like to reward their investors more frequently by sending them more money each month. That steadily rising income stream makes these companies extremely attractive to investors who want more cash flowing into their portfolios. This midstream MLP has given investors a raise in 24 straight quarters -- and there’s plenty more to come...

One company with a history of giving its investors more money each quarter is master limited partnership (MLP) MPLX (NYSE:MPLX). The oil and gas midstream company has now increased its cash distribution to investors for 24 straight quarters, which has helped push its yield up to 7.7%. Given its current slate of growth projects, the company believes it can continue sending more money to investors each quarter for at least the next couple of years.

Source: Motley Fool

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