3 High-Quality Ultra-High-Yield Dividend Stocks Passive Income Investors Won't Want to Miss
A high dividend yield is often a warning sign. It can signify that the payout is at a higher risk of a reduction.
However, that's not always the case. Many pipeline companies offer investors high-yielding payouts that are on very firm foundations. That makes them great options for those seeking to generate passive income. Three high-yielding pipeline stocks that income-focused investors won't want to miss are Crestwood Equity Partners (NYSE: CEQP), Hess Midstream (NYSE: HESM), and (NYSE: MPLX).
Crestwood Equity Partners currently offers investors a monster 11.5% yield. The master limited partnership (MLP) generates plenty of steady recurring cash flow backed by long-term, fixed-rate contracts to cover that payout.
Source Fool.com
MPLX L.P. Stock
€11.77
3.170%
With 16 Buy predictions and not the single Sell prediction the community is currently very high on MPLX L.P..
With a target price of 42 € there is potential for a 256.84% increase which would mean more than doubling the current price of 11.77 € for MPLX L.P..
