This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocrat in the future. It yields 6.7% with 1.7X coverage, in addition to retaining over $2B for growth projects. It has $9B in growth projects in 2019 - 2021.
One of the grand daddies of the midstream energy industry, Enterprise Products Partners (EPD), is one of the largest market cap firms in that space. Analysts and the financial media have often pointed to EPD as one of the best-managed midstream companies, but over the past few years, Mr. Market hasn't been that impressed. This negative market sentiment is more likely a function of the boom and bust cycles of the Energy Patch than a comment on EPD's management, which has steadily utilized a conservative approach to its capital management.
Source: Seeking Alpha
Related Articles:
- Building Yield: 6 Consumer Goods Dividend Stocks
- Why Dividend Growth Stocks Are Evil
- 4 Higher-Yielding Financial Services Stocks With Rising Dividends
- 5 Higher Yield Dividend Growth Stocks
- Successful Investors Take The Emotion Out
Future Dividend Aristocrat, 6.7% Yield, 61 Hikes, $9 Billion In Growth Projects
Posted by D4L | Wednesday, November 20, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
If you're wishing you had a little more exposure to income investments right now and a little less exposure to growth, you're not al...
-
We picked up two investments that carry excellent yields combined with some healthy upside in the share price. We also dropped one of our po...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.