This under-the-radar stock can be a great addition for investors seeking income.
Some investors look for stocks that have good growth potential, while others look for stocks that can provide consistent income. It's not always an either-or thing as some stocks have proven to do both.
Case in point: energy company MPLX ( MPLX 0.35% ) . Although MPLX may not be a household name like other top energy companies , the stock has been on an impressive run over the past five years. In that span, it's up close to 186%, while the S&P 500 is up 95% (as of Sept. 9).
No one can predict if the stock will continue growing at its current pace, but one thing's for sure: Its ultra-high dividend is a dream for investors interested in income stocks .
How MPLX's business works
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