Earn a 6% Yield from This Top Dividend Stock

America is in the midst of an energy revolution, and savvy investors could make a fortune. As regular readers know, I like owning “pick-and-shovel” companies to profit from a commodity boom. These businesses sell supplies and services to an entire industry rather than betting the farm on the next oil well. In many cases, they represent the safer, more lucrative way to cash in. This Energy Stock Gushes Dividends...

One of my favorites? Enterprise Products Partners L.P. (NYSE:EPD). This partnership owns thousands of miles of pipelines across the country, shipping and storing natural gas and other commodities. And while most investors try to strike it rich on the next gusher, this pick-and-shovel play could payout lucrative dividends, regardless of who makes it big. The partnership is a play on America’s natural gas boom, for starters. New drilling techniques have unlocked vast amounts of energy. Analysts at the International Energy Agency project the United States could become the world’s largest exporter of natural gas by 2020, according to a report published last week. (Source: “US ‘will become one of the world’s top gas exporters by 2020’,” The Guardian, July 13, 2017.)

Source: Income Investor

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