2 Top Cash-Cow Stocks
What do U.S. midstream giant Enterprise Products Partners L.P. (NYSE: EPD) and global industrial conglomerate Emerson Electric Co. (NYSE: EMR) have in common? They hail from different industries, but they each have made it a point of returning value to shareholders for decades by increasing cash disbursements. If you're looking for top stocks that are cash cows, then you need to get to know this duo.
Enterprise Products Partners has given unitholders a raise annually for close to 20 years in a row. Even better, it's upped the distribution in each of the past 52 quarters. The partnership's yield is currently a hefty 6%, well more than the roughly 2% the broader market offers. The disbursement has grown at about 5% annually, easily beating the historical growth rate of inflation of around 3%.
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Source: Fool.com
Enterprise Products Partners L.p. Stock
Enterprise Products Partners L.p. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 30 € shows a very positive potential of 99.68% compared to the current price of 15.02 € for Enterprise Products Partners L.p..
