EPD: Dividend King at 5.5% Yield — Buy, Hold, or Trap?
Enterprise Products Partners (EPD) has paid increasing distributions for 25+ consecutive years. The yield is 5.5%. The coverage ratio is 1.79x. It looks bulletproof on paper. I have owned them for over 10 years and the income stream is very reliable.
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EPD: Dividend King at 5.5% Yield — Buy, Hold, or Trap?