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My Top High-Yield Stock to Buy in July

TheMotleyFool

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Enterprise Products Partners (NYSE: EPD) has been an elite dividend stock over the years. The energy master limited partnership (MLP) has increased its distribution for 21 straight years, which is quite a feat considering all the volatility in the oil market.

Despite its track record of success and strong financial profile, investors have lost confidence in the company. Overall, the MLP's unit price has plunged more than 35% this year, pushing its yield above 10%.

I think the fears are overblown. That's why Enterprise tops my list of income stocks to buy this July.

Source Fool.com

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