This High-Yield Stock's Buying Binge Could Pay Big Dividends

Canada's Pembina Pipeline (NYSE: PBA) tends to fly under the radar of dividend investors. It doesn't have the name recognition of its larger rivals, causing many to overlook its attractive payout. The pipeline company's 6.6% dividend yield is well above average. Further, it makes dividend payments each month instead of the typical quarterly cycle. On top of all that, Pembina has steadily increased its payout.

One catalyst fueling the pipeline company's growing dividend is acquisitions. It's already working on its latest deal, which could give it the fuel to continue growing its payout over the next several years. That upside makes Pembina an attractive option for income-seeking investors.

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Source Fool.com