Dividends4Life: This Ultra-High-Yield Dividend Stock Is Starting to Look Quite Compelling

The one knock against this midstream company is its higher risk profile compared with its peers. It has been working to address that issue by taking several steps to improve its probability of success. Because of that progress, it's starting to look like a compelling option for income-seeking investors to consider.

Oasis Midstream Partners (OMP) currently offers income-seeking investors an eye-popping 9% yield. On top of that, the master limited partnership (MLP) believes it can increase that payout at a 20% annual clip through at least 2021. That combination of high yield and high growth could enable Oasis Midstream to generate significant total returns for its investors.

Source: Motley Fool

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