These 2 Ultra-High-Yielding Dividend Stocks Plan to Keep Paying 15%+ in 2020

Equitrans Midstream (NYSE:ETRN) and its affiliated master limited partnership EQM Midstream Partners (NYSE:EQM) currently offer dividend investors jaw-dropping yields of 15.8% and 18.1%, respectively. Usually, when yields rise into the double digits, it's a warning sign that a reduction is on the way.

Both companies, however, recently put out their financial expectations for 2020, which includes maintaining their current payout levels. Here's why they believe they can continue paying such eye-popping dividends next year. EQM Midstream Partners and Equitrans Midstream plan to maintain their current payout levels while the MLP completes the construction of its expansion projects. That's because they're eventual completion will provide a significant boost to cash flow, which will improve distribution coverage and the leverage ratio.

Source: Motley Fool

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