Dividend King Combo! These 5 Pipeline Stocks Yield 4.5%+
Community Chat: Looking for safe, high-yield dividends in energy? Tired of volatile stocks? Want steady cash flow from monopoly-like infrastructure? This combo is for you!
The United States boasts roughly 3 million miles of pipelines that carry natural gas and liquid fuels to power plants, refineries, businesses, and millions of households. These pipelines are not only the “arteries” of the nation’s energy supply but also offer investors a relatively stable high-dividend sector.
Unlike oil and gas producers, midstream energy companies make money mainly by charging fees for transportation and storage, resulting in highly stable revenue and predictable cash flow.
Against a backdrop of rebounding energy demand, a number of pipeline companies are increasing capital spending to expand their networks while paying generous dividends to shareholders.
These five pipeline stocks all yield at least 4.5%, making them a true “Dividend King Combo”:
$Energy Transfer LP(ET)$
Market cap: $68 billion
Dividend yield: 6.8%
Energy Transfer is one of the largest and most diversified midstream operators in the U.S., with vast infrastructure for natural gas, crude oil, and natural gas liquids (NGLs).
The company operates approximately 12,200 miles of intrastate natural gas pipelines and 20,000 miles of interstate natural gas pipelines. Its large-scale energy transportation and storage network generates fee-based revenue, supporting strong and steady cash flow.
Although dividends fluctuate quarterly, the annualized level is substantial. The dividend of 33.5 cents per share paid in February 2025 was nearly double the 17.5 cents in February 2022.
$Enbridge(ENB)$
Market cap: $120 billion
Dividend yield: 5.2%
Enbridge is the largest energy infrastructure company in North America by market value, focusing on pipelines, terminals, and storage facilities.
Assets backed by regulated and long-term contracts make its earnings and revenue highly predictable. Notably, the company has expanded into alternative energy in recent years, enhancing long-term business resilience amid the energy transition.
$Enterprise Products Partners LP(EPD)$
Market cap: $86 billion
Dividend yield: 5.6%
Enterprise Products Partners is a large, mature master limited partnership (MLP) operating a vast pipeline network covering crude oil, natural gas, and petrochemical products.
Unlike other companies on the list with volatile dividends, EPD boasts an impressive record of 28 consecutive years of dividend increases.
In 2025, the company completed several asset optimization moves, including selling part of its equity in the Bahia NGL pipeline to ExxonMobil and acquiring natural gas gathering business in the Midland Basin from Occidental Petroleum.
$MPLX LP(MPLX)$
Market cap: $60 billion
Dividend yield: 7.3%
MPLX is a subsidiary of Marathon Petroleum, with a diversified midstream asset portfolio covering crude oil logistics and natural gas processing.
Its operating network includes approximately 10,000 miles of crude oil and refined product pipelines, as well as about 13,000 miles of natural gas pipelines.
Uniquely, the company also transports crude oil, fuels, and chemicals via barges and towboats on America’s inland waterways.
MPLX tops the list of high-yield pipeline stocks with a 7.3% dividend yield, paying a dividend of approximately $1.08 per share in February 2025.
$ONEOK Inc(OKE)$
Market cap: $60 billion
Dividend yield: 4.5%
Oneok focuses on natural gas and natural gas liquids (NGL) infrastructure, with extensive operations in America’s major oil and gas basins.
Its assets fully benefit from growing natural gas demand, and the above-average dividend yield provides income investors with a potential hedge against rising energy costs.
The current 4.5% dividend yield is more than three times the average dividend yield of the S&P 500, providing shareholders with generous and reliable income.
Wrap-up
Against a backdrop of rebounding energy demand and renewed attention on midstream assets, the five pipeline companies above have become a notable allocation for income investors thanks to their stable fee-based business models, ongoing capital investment, and highly attractive dividend levels.
For investors looking to balance growth and cash returns in the energy sector, this “Dividend King Combo” deserves a spot on your watchlist.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
