Here's Why Enterprise Products Partners Is a No-Brainer Dividend Stock

There are a lot of factors that investors need to consider when looking at a dividend stock. Yield is frankly just one small piece of the puzzle, even though many on Wall Street quickly get enamored of big dividend payments. That said, Enterprise Products Partners' (NYSE: EPD) gigantic 7.9% yield not only looks sustainable, but the underlying distribution supporting it also seems likely to grow. Here's what you need to know, in tables and charts.

Enterprise Products Partners is a master limited partnership (MLP), a business structure that is complex in some ways but specifically designed to pass income on to unitholders. So the big yield makes sense. Still, it's important to note that Enterprise has shown an incredible commitment to the distribution over time, with 24 consecutive years of distribution growth, with the quarterly dividend now $0.475.

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Source Fool.com