5 High-Yield Dividend Stocks According to Billionaire Mario Gabelli

4. Enterprise Products Partners L.P. (NYSE: EPD)

Number of Hedge Fund Holders: 30
Dividend Yield: 7.61%

Enterprise Products Partners L.P. (NYSE: EPD) is an energy sector company that provides midstream energy services to companies that produce crude oil and natural gas, and other petrochemicals. The company also provides midstream services to consumers. The company announced a dividend of $0.45 per share on April 8, which was consistent with the previously declared dividend.

Enterprise Products Partners recently sued CPS Energy, a municipal power utility in San Antonio, for failing to make a $100 million payment for natural gas deliveries made during the Texas winter storm in February.

Enterprise Products Partners L.P. (NYSE: EPD) is one of the best high yield dividend stocks. Its dividend performance has been positive with progressive gains for the last 22 years. Its strong fundamentals have provided $38.8 billion worth of value to shareholders since 1998.