Better Dividend Stock: MPLX vs. Enterprise Products Partners
Enterprise Products Partners (NYSE: EPD) and MPLX (NYSE: MPLX) are two of the biggest master limited partnerships (MLPs). They operate large, integrated energy midstream assets that generate lots of stable cash flow, meaning they pay lucrative and steadily growing distributions. The MLPs have two of the best records of distribution growth in the sector. However, most investors will probably only want one in their portfolio, especially considering the tax complications of receiving the Schedule K-1 Federal Tax Form that MLPs send their investors each year. Here's a look at which one is the better buy for dividend income right now.Image source: Getty Images.Continue reading
Enterprise Products Partners (NYSE: EPD) and MPLX (NYSE: MPLX) are two of the biggest master limited partnerships (MLPs). They operate large, integrated energy midstream assets that generate lots of stable cash flow, meaning they pay lucrative and steadily growing distributions.
The MLPs have two of the best records of distribution growth in the sector. However, most investors will probably only want one in their portfolio, especially considering the tax complications of receiving the Schedule K-1 Federal Tax Form that MLPs send their investors each year. Here's a look at which one is the better buy for dividend income right now.
Image source: Getty Images.
