This High-Yield Dividend Stock Is a No-Brainer

A big yield isn't enough to make a dividend stock a good buy. But income investors will find Enterprise Products Partners (NYSE: EPD) something of a no-brainer since it marries a big 6.2% yield with attractive business fundamentals. Here's a quick look at some of the best features this midstream giant offers.

Big yields are great, but they are only attractive if they can be sustained. That requires a business that is reliable in good economic times and bad. Enterprise is one of the largest midstream companies in North America. It basically owns the pipelines, storage, transportation, and processing assets that help to move oil and natural gas around the world. The vast majority of its operations are backed by fees, which have to be paid regardless of the price of the products moving through its system. Cash flows are very reliable.

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Source Fool.com