This Energy Stock Is a Must-Own for Any Dividend Investor
A steady dividend income can greatly supplement your regular monthly income. Dividend-paying stocks offer you not only a sturdy income stream, but also attractive capital appreciation potential. However, to achieve these twin objectives, it is important to select dividend stocks with a positive growth outlook.
Though higher yields are generally associated with higher risks, here is a top energy stock that looks like a clear exception to this rule.
The energy stock that I'm referring to is MPLX (NYSE: MPLX). It is a master limited partnership (MLP) formed by Marathon Petroleum (NYSE: MPC). It primarily gathers, transports, stores, and distributes crude oil and refined products. MPLX is also involved in the gathering, processing, and transportation of natural gas and liquids.
Source Fool.com
