On Friday, June 20, EQT Midstream Partners (NYSE: EQM ) officially joined the Alerian MLP Infrastructure Index. To make room for EQT, the good folks at Alerian gave TransCanada's (NYSE: TRP ) master limited partnership TC Pipelines (NYSE: TCP ) the old heave-ho.
What did TC Pipelines do to deserve such a fate? Growing its distribution at an arguably pathetic compound annual growth rate of 4% over the last 15 years might have something to do with it. That said, could there still be something to like at this MLP? Check out the slideshow below and decide for yourself.
Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.