This 7.7%-Yielding Dividend Is as Safe as They Come

Enterprise Products Partners (NYSE: EPD) offers investors a big-time cash distribution. The master limited partnership (MLP) currently yields an eye-popping 7.7%. While high yields are often higher risk, that's not the case with Enterprise Products Partners' payout.

This was abundantly clear in the MLP's first-quarter financial results. Here's a closer look at the numbers backing the energy company's rock-solid payout.  

Enterprise Products Partners delivered another solid quarter. It generated $1.9 billion in distributable cash flow, a 5.5% increase from the prior-year period. The pipeline company benefited from the overall stability of its cash flow, as 74% comes from fee-based contracts and government-regulated rate structures.

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Source Fool.com