Mar. 19 at 11:27 AM
$EPD Enterprise Products Partners is the gold standard for midstream income. The partnership has delivered 27 consecutive years of distribution growth, a streak that survived the 2008 financial crisis, the 2014-2016 oil collapse, and COVID-19. The current quarterly distribution is
$0.55 per unit, annualizing to
$2.20, with a yield of 5.88% at the current unit price of
$36.99. "Surplus U.S. energy continues to be in strong demand in international markets that seek cost competitive, reliable supply." Units are up 17.29% year-to-date.