Better Buy: Magellan Midstream Partners vs. Helmerich & Payne
Magellan Midstream Partners (NYSE: MMP) and Helmerich & Payne (NYSE: HP) offer investors yields of 6.5% and 6.8%, respectively, well above the roughly 2% you'd get from an S&P 500 Index fund. Both have long histories of increasing their annual disbursements and are financially conservative. But these two energy industry service providers are very different. Here's how Magellan and Helmerich & Payne compare.
The one place where these two entities are most similar today is yield, with both offering dividend investors a material, above-market income stream. To be fair, the energy industry is out of favor today, so they aren't the only high-yield options in the space. However, there's more similarity here than just the absolute value of their respective yields.
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Source Fool.com
