EPD is the highest quality midstream

Enterprise Products Partners: The Perfect 8% Yielding Dividend Aristocrat For 2023Dec. 10, 2022 11:30 AM ET<a style="color: #000000; background-color: #000000;" href="https://seekingalpha.com/symbol/EPD?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AEPD" target="_top" class="ke-link">Enterprise Products Partners L.P. (EPD)</a>122 Comments38 LikesSummary<ul style="list-style-type: disc;" data-ke-list-type="disc"><li>EPD is the highest quality midstream on Wall Street and higher quality than 93% of the world's best blue-chips.</li><li>8% yielding EPD just raised its payout for the 24th consecutive year. It becomes an aristocrat in 2023.</li><li>EPD is trading at 6.7X cash flow, priced for -3.6% growth, but analysts expect 4.4% long-term growth.</li><li>The bond market thinks it will keep growing for at least 55 years.</li><li>EPD is conservatively 21% undervalued and could almost double in two years and 2.5X in five years. Long-term 12.2% annual returns could deliver 17X inflation-adjusted returns over 30 years and 180X real returns over the bond market's 55-year time frame.</li><li>Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. <a style="color: #000000; background-color: #000000;" href="https://seekingalpha.com/checkout?service_id=mp_1319&source=mp_marketing_text_top" target="_top" class="ke-link">Learn More »</a></li></ul><div class="figure-img" data-ke-type="image" data-ke-style="alignCenter" data-ke-mobilestyle="widthOrigin"><img src="https://t1.daumcdn.net/cafeattach/1GfpH/c29eadcb46430ef690cc9fa88053ddb2a7bb45eb" class="txc-image" data-img-src="https://t1.daumcdn.net/cafeattach/1GfpH/c29eadcb46430ef690cc9fa88053ddb2a7bb45eb" data-origin-width="868" data-origin-height="542"></div>R&A StudioAn edited version of This article was published on Dividend Kings on Tuesday, Dec. 6.