The Best Dividend Stock You've Never Heard Of
Let me ask you this: Would you be interested in a stock that has increased its dividend 61 times since going public in 2001 and has crushed the broader market since its inception? I can't imagine there are a lot of investors that would say "no thanks" to something like that.
The company I'm talking about isn't in some hypergrowth industry; it's Magellan Midstream Partners (NYSE: MMP). Just your average pipeline company that transports gasoline and diesel across the country and has delivered a total return of 2,630%.
How has the company been able to deliver such market-shattering returns over the years? Let's look at what Magellan has going for it and what you need to know if you want to invest in this stock.
Source: Fool.com