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Kinder-Morgan  on November 20, 2023


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Enterprise Products Partners: When Dividend Growth Is Safe

Enterprise Products Partners (NYSE:EPD) has one of the safest dividends that grows in the investment world. Yet the market prices in no growth into the current price despite the company's history of both growth and income. There is a safety factor in that "doghouse valuation" that one seldom sees in a company with very high financial debt strength ratings. These common units (K-1 issued here) have a recovery potential that is likely to "juice" the expected total return as this part of the oil and gas industry returns to historical valuations. Since the market is down in the industry, the investment is even safer for long-term investors.

seekingalpha.com     Nov 20, 2023