Here's How Many Shares of Enterprise Products Partners (EPD) You'd Need for $2,000 a Year in Dividend Income
Enterprise Products Partners (NYSE: EPD) is a master limited partnership (MLP) specializing in the ownership of oil and gas pipelines. Along with sporting a high forward dividend yield of 6.1%, Enterprise Products Partners has a long track record of dividend growth. The MLP has raised its dividend, technically known as a distribution, for 28 consecutive years. This combination of high yield and a history of dividend growth makes it a strong choice for investors seeking steady, growing portfolio income. Better yet, based on its payout ratio and growth history, this high-yielder has a strong history of dependable, consistent payout increases. Image source: Getty images. Continue reading