Can MPLX Support Its Dividend?
Any time a company's dividend yield approaches double digits, investors should proceed with caution. That's usually, but not always, a sign that the payout isn't sustainable.
So, with MPLX (NYSE: MPLX) currently yielding 9.8%, it begs the question of whether the master limited partnership (MLP) can continue supporting its dividend. Here's a closer look at the energy company's ability to maintain that big-time yield.
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Source Fool.com