Supercharge Your Passive Income With These 9%-Yielding Dividend Stocks
Master limited partnerships (MLPs) can be phenomenal passive-income investments. They typically generate stable cash flow, most of which they distribute to their investors. Because of that, they often offer very high dividend yields.
Crestwood Equity Partners (NYSE: CEQP) and (NYSE: MPLX) stand out among MLPs for their big-time payouts. With yields over 9%, they can put a charge in your passive income.
Crestwood Equity Partners currently yields 9.9%. At that rate, the midstream company can turn a $1,000 investment into nearly $100 of annual passive income.
Source Fool.com
MPLX L.P. Stock
€11.77
3.170%
MPLX L.P. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
Based on the current price of 11.77 € the target price of 42 € shows a potential of 256.84% for MPLX L.P. which would more than double the current price.
