The energy sector can be a great place for income investors to find higher-yielding options. The average energy stock in the S&P 500 has a yield of around 3% at its current share price, which is more than double the 1.3% yield of the broad market index. Many energy stocks have even higher yields.
One of them is MPLX (NYSE: MPLX). The midstream energy company yields more than 7% right now. Here’s why income investors will want to take a closer look at MPLX.
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