Looking to Earn Oversized Yields? If I tell you there’s a stock that offers a safe and growing yield of 9.1%, would you be interested? Of course you would. In a market where most companies can’t even pay four percent, a solid 9.1% yielder can go a long way toward boosting the return of an income portfolio.
The best part is, that high-yield stock actually exists. It’s MPLX LP (NYSE:MPLX). Trading at $29.27 per unit at the time of this writing, MPLX stock offers a generous annual yield. Headquartered in Findlay, Ohio, MPLX is a master limited partnership. It was created by Marathon Petroleum Corp (NYSE:MPC) in 2012 to own and operate midstream energy infrastructure and logistics assets, and to provide fuel distribution services. Today, the partnership operates through two main segments: “Logistics and Storage” and “Gathering and Processing.”
Source: Income Investors
Related Articles:
- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 10 Dividend Stocks With A 10%+ Dividend Growth Rate
- 3 Styles Of Successful Dividend Investing
This 9.1% Yielder Just Raised Its Payout Again
Posted by D4L | Monday, August 26, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Last year was brutal for the real estate investment trust (REIT) sector. Rising interest rates created two headwinds for the industry. They ...
-
For most investors, the new year brings with it new opportunity. With all three major U.S. stock indexes falling into a bear market last yea...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.