Enterprise Products Partners just boosted its dividend by 2.8%—a move that pairs with a juicy 5.8% stock yield, more than five times the S&P 500 average. With 28 straight years of dividend hikes, this pipeline giant proves it’s serious about rewarding shareholders. Their Q2 earnings smashed records, generating $2.3 billion in distributable cash flow—more than enough to cover dividends and still leaving $1.1 billion on the table. Plus, they bought back $159 million in stock, shrinking the shareholder base and easing dividend pressure. At a healthy 56% payout ratio, Enterprise Products is building momentum with rising cash flow and growth from new projects, making it a standout long-term play in the energy space.
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