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This 11.4%-Yielding Dividend Looks Rock-Solid in 2021

This 11.4%-Yielding Dividend Looks Rock-Solid in 2021

Despite continued headwinds in the energy market, the MLP is generating more than enough cash to cover its current payout and expansion program, which was evident in its fourth-quarter report and outlook for 2021. As that table shows, MPLX's financial metrics all headed in the right direction during the fourth quarter.