3 Dividend Stocks With Businesses Anybody Can Understand
Far too often, investors buy things that they don't fully understand. Wall Street often helps this unfortunate outcome along with its hype machine, pushing whatever hot product is selling best, regardless of whether it is good for investors to own or not. Human nature, which often leads people to flock like lemmings, doesn't help any. Don't be one of the crowd; make sure you know what you own.
That couldn't be any simpler to do, either, when you look at the high-yield midstream sector. And names like Kinder Morgan (NYSE: KMI), Enterprise Products Partners (NYSE: EPD), and Magellan Midstream Partners (NYSE: MMP) are top players to examine today.
Kinder Morgan owns and operates midstream pipelines, processing facilities, and transportation assets. But what exactly does that mean? Simple: It helps move oil and natural gas from where they are drilled to where they eventually get consumed in their various forms. Sure, there are nuances underneath that big-picture view, but that's the crux of the business.
Source Fool.com
