Thread regarding Enterprise Products Partners (EPD)

Great option for a dividend stock

The best example of this is the fact that Enterprise has increased its distribution every year for 24 consecutive years. But there are some other interesting facts to note. For example, the partnership's balance sheet is investment-grade-rated, meaning it has a strong financial foundation. And distributable cash flow covered the distribution by a huge 1.9 times over the past year, so there is a lot of room for adversity before a distribution cut would be in the cards.

https://www.fool.com/investing/2023/06/23/3-stocks-with-high-dividend-yields/

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