Growing your passive income is a great goal to set for the new year. One way to achieve that objective is to invest in stocks that offer an attractive and growing dividend. That combination can enable you to produce more income from your investment in the coming years.

Energy-focused master limited partnerships (MLPs) can help you supercharge your passive income production. They offer big-time yielding payouts that can steadily grow over time. Three exceptional MLPs to consider are Enterprise Products Partners (NYSE: EPD), Magellan Midstream Partners (NYSE: MMP), and MPLX (NYSE: MPLX).

Enterprise Products Partners operates a large-scale and diversified energy midstream business. Its integrated platform of pipelines, processing plants, storage complexes, petrochemical facilities, and export docks generates significant and steady cash flow backed by long-term contracts and government-regulated rate structures. 

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Source Fool.com