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News  ›  The Motley Fool

1 Ultra-High-Yield Energy Stock to Consider Buying Now

The Motley Fool Logo The Motley Fool By Matthew Nesto
1 Ultra-High-Yield Energy Stock to Consider Buying Now

MPLX, an Ohio-based energy logistics company, has raised its quarterly distribution by 12.5%, resulting in a 7.5% dividend yield that significantly outperforms sector averages and provides attractive passive income for investors.

Insights
HMKIY   neutral

Mentioned as shifting from multilayer to monolayer packaging, suggesting adaptive strategy but potential transitional challenges


MPLX   positive

Company offers a high 7.5% dividend yield, has increased quarterly distribution by 12.5%, and delivered a 23.4% one-year total return that outpaces the S&P 500's performance