Is DCP Midstream Stock a Buy?
A yield of over 9% certainly seems tempting.
The Company is currently engaged in the business of gathering, compressing, treating, processing, transporting and selling natural gas, the business of producing, transporting and selling propane and other natural gas liquids.
A yield of over 9% certainly seems tempting.
DCP earnings call for the period ending September 30, 2020.
The high-yielding MLP surprised investors last month.
The midstream company currently pays a monster dividend.
A look at some double-digit yields that are increasingly looking sustainable.
DCP earnings call for the period ending June 30, 2020.
The MLP navigated the oil market downturn much better than expected.
The MLP benefited from some optimism last month.
Is DCP's 20% yield worth the volatility and uncertainty?
The MLP bounced back big-time.