In a yield-starved market, income investors can’t afford to settle for unstable or unproven dividend stocks. That’s why this top-tier midstream energy stock, recently reaffirmed as a Buy in our Quality Dividends Portfolio, stands out. Offering a forward dividend yield of 7.12%, it ranks in the top 20% of all dividend-paying stocks—a rare blend of high income and strong fundamentals. Even more impressively, it backs this yield with a 20+ year track record of dividend increases and a sustainable 54% payout ratio, making it a dependable choice for investors seeking consistency and cash flow.
The company operates a sprawling network of energy infrastructure across North America, providing essential services from transportation to storage for a range of hydrocarbons. Positioned in the energy MLP sector, it’s poised to benefit from rising demand for U.S. natural gas liquids and petrochemicals, both domestically and globally. Recent expansions in key basins and a strong export strategy further enhance its growth trajectory. But it’s not without risk—regulatory delays and shifting trade patterns have created headwinds for select projects, underscoring the need for disciplined capital allocation.
If you’re looking for a stock that not only delivers yield, but also offers stability, scale, and upside within a growing industry, this midstream leader deserves a deeper look. Read the full article to see why we’re sticking with our Buy call and how this stock could help anchor your dividend strategy.
