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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.