S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.12 (-2.34%)
AAPL   170.16 (-1.68%)
MSFT   303.05 (-2.30%)
FB   318.95 (-3.90%)
GOOGL   2,724.23 (-2.34%)
AMZN   3,180.07 (-1.93%)
TSLA   1,030.62 (-1.81%)
NVDA   259.37 (-3.73%)
BABA   128.46 (-2.36%)
NIO   29.73 (-3.94%)
AMD   132.04 (-3.54%)
CGC   7.76 (-7.62%)
MU   93.00 (-4.48%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   152.27 (+0.22%)
AMC   18.76 (-8.80%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   225.00 (-0.42%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.12 (-2.34%)
AAPL   170.16 (-1.68%)
MSFT   303.05 (-2.30%)
FB   318.95 (-3.90%)
GOOGL   2,724.23 (-2.34%)
AMZN   3,180.07 (-1.93%)
TSLA   1,030.62 (-1.81%)
NVDA   259.37 (-3.73%)
BABA   128.46 (-2.36%)
NIO   29.73 (-3.94%)
AMD   132.04 (-3.54%)
CGC   7.76 (-7.62%)
MU   93.00 (-4.48%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   152.27 (+0.22%)
AMC   18.76 (-8.80%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   225.00 (-0.42%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.12 (-2.34%)
AAPL   170.16 (-1.68%)
MSFT   303.05 (-2.30%)
FB   318.95 (-3.90%)
GOOGL   2,724.23 (-2.34%)
AMZN   3,180.07 (-1.93%)
TSLA   1,030.62 (-1.81%)
NVDA   259.37 (-3.73%)
BABA   128.46 (-2.36%)
NIO   29.73 (-3.94%)
AMD   132.04 (-3.54%)
CGC   7.76 (-7.62%)
MU   93.00 (-4.48%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   152.27 (+0.22%)
AMC   18.76 (-8.80%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   225.00 (-0.42%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.12 (-2.34%)
AAPL   170.16 (-1.68%)
MSFT   303.05 (-2.30%)
FB   318.95 (-3.90%)
GOOGL   2,724.23 (-2.34%)
AMZN   3,180.07 (-1.93%)
TSLA   1,030.62 (-1.81%)
NVDA   259.37 (-3.73%)
BABA   128.46 (-2.36%)
NIO   29.73 (-3.94%)
AMD   132.04 (-3.54%)
CGC   7.76 (-7.62%)
MU   93.00 (-4.48%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   152.27 (+0.22%)
AMC   18.76 (-8.80%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   225.00 (-0.42%)

7 Dividend Stocks that Help Take the Bite Out of Inflation - 1 of 7

 

#1 - Enterprise Product Partners (NYSE:EPD)

Enterprise Products Partners logo

Dividend Yield: 8.60%

Market Capitalization: $46.04 billion

Dividend yield can be a misleading metric. A high dividend yield can sometimes be a trap because it gets investors plowing money into laggard stocks. Enterprise Product Partners (NYSE:EPD) is no yield trap. The company operates as a holding company engaging in the production and trade of natural gas and petrochemicals. This has been a sector that’s seen a renaissance as awareness grows that natural gas will be an important point of our transition away from traditional fossil fuels.

Through three quarters of the year, Enterprise Product Partners has already delivered $29.44 billion in revenue, surpassing its revenue for all of 2020. And the company is also likely to beat 2020 earnings when it reports its fourth-quarter in February 2022.

And the company has increased its dividend in each of the last 24 years, putting it one year shy of Dividend Aristocrat status. Some may quibble with its three-year dividend growth which is well below the sector average. However, a 24-year track record of increasing its dividend offers security that more than makes up for the softer year-over-year growth.

About Enterprise Products Partners

Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.Read More 
Current Price
$24.13
Consensus Rating
Buy
Ratings Breakdown
5 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$27.33 (13.3% Upside)





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