These 2 High-Yield Stocks Are Teaming Up to Fuel Dividend Growth
Enbridge (NYSE: ENB) and Enterprise Products Partners (NYSE: EPD) have been phenomenal dividend stocks over the years. Both pipeline giants have increased their payouts for more than 20 consecutive years. That's impressive given all the volatility in the oil and gas market, which has forced several of their peers to either press pause or reduce their dividends.
Both companies expect to keep increasing their dividends over the next few years. That's because they have strong financial profiles and excellent growth prospects, which they're working to enhance by teaming up on a key expansion project. As a result, they'll have even more fuel to keep growing their payouts in the coming years.
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Source Fool.com
