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8% Yield-Leading Midstream Firm Reaffirmed in Best High Dividend Stocks Model Portfolio

Finding safe and secure sources of energy has never been more important. Thanks to increased demand amid rising geopolitical conflict, there’s plenty of pressure on supplies. For firms moving these critical supplies to market, there has never been a better time to be an operator. Our latest pick in our Best High Dividend Stocks Model Portfolio is a prime example of this in action.

Our pick is one of the largest midstream firms in the nation, with thousands of miles’ worth of pipelines, storage facilities, and other energy-focused infrastructure under its umbrella. The key win for our firm has been its concentration in the crude oil and refined products sectors. The firm’s vast system is like a near-monopoly when it comes to feeding our nation’s refineries and end users.

As such, our pick has had a long history of strong cash flows and rewarding shareholders. And thanks to its conservative management and MLP structure, our pick has the goods to keep that cash flowing for the long haul. With already two decades of increases under its belt, our pick makes an ideal high-yielding growth choice. Investors should watch for the stock ex-dividend on Friday, July 29 (estimated date).

You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.

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