Motley Fool
This 8.8%-Yielding Dividend Is About to Head Even Higher
The master limited partnership (MLP) currently offers an 8.8% yield, multiples above the S&P 500’s 1.4% dividend yield. While a dividend yield that high might seem to be at a high risk of a reduction, that’s not the case with Crestwood’s payout. Meanwhile, with a strong financial profile, it has the flexibility to continue expanding, which could fuel continued distribution growth.