This Ultra-High-Yield Energy Stock Has the Fuel to Push Its Dividend Even Higher
MPLX (NYSE: MPLX) currently pays a monster distribution to investors. The energy master limited partnership (MLP) yields 8.6%, which is significantly more than the S&P 500's 1.5% dividend yield.
What's becoming increasingly clear is that the company has the fuel to push its payout even higher in the future. That's evident from its first-quarter results and expansion outlook.
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Source Fool.com
