EPD Cashing in on Pipeline Oil ($EPD)
Enterprise Product Partners is working hard transform the company into a cash cow. They are doing this by properly using pipelines and a great three prong plan. What is the plan? Dividend Growth Investor lets us in on the inside scoop.
Since it went public in 1998, the partnership has had the following objectives in mind:
1) Invest in growth opportunities to build or acquire energy infrastructure that will generate returns on investment grate than long term cash cost of capital
2) Provide partners with periodic increases in cash distributions and an attractive total return on investment
3) Preserve financial flexibility and maintain an investment grade balance
Few companies have specifically set the goal to increase distributions to their owners. The partnership has done a great job in accomplishing these goals.
This is a great stock for investors. There are good dividends and solid pay out. Like what you see? Buy in!
Quotes taken from report by Dividend Growth Investor, Read the entire article here.
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