The 2 Best High-Yield Dividend Stocks In A Decade

That frees up that money to pay the distribution. As well, the partnership began this crisis in the better financial shape that any of its peers with low debt and a strong cash position. It has $6.5 billion in cash and cash equivalents from which to pay $4 billion in annual distributions.

Enterprise can easily weather a bad year and maintain the payout. The company also has a track record of raising the distribution every single year since its IPO in 1998 to defend.

With a huge yield that is safe and an absurdly low price, currently 53% below the all-time high, EPD offers one of the best income opportunities in many years as well as the potential for strong capital appreciation over time.

In my mind, those are the two best high-yield dividend stocks in the last decade. 

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Now, if you want to know what other dividend stocks I like now – some of the high-yield variety, others more focused on dividend growth and safety – you can subscribe to my  more

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