Prediction: Enterprise Products Partners Will Hit 30 Years of Distribution Growth by Year-End 2028.
Enterprise Products Partners is a toll taker in the energy patch, with a 6% yield and plenty of growth opportunities.
Enterprise Products Partners (NYSE: EPD), a North American midstream giant, is on track to achieve a remarkable 30-year streak of annual distribution increases by the end of 2028, according to recent predictions. The company's current streak of 28 years of distribution growth is nearly as long as its history of public trading, showcasing its unwavering commitment to returning value to shareholders through regular distribution increases.
With an above-market 6% yield, significantly higher than the S&P 500's 1% and the average energy stock's 2.2%, EPD clearly stands out as an attractive investment opportunity.
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