This Energy Stock Continues to Believe It Has Enough Gas to Maintain Its 10%-Yielding Dividend

This Energy Stock Continues to Believe It Has Enough Gas to Maintain Its 10%-Yielding Dividend

Demand for refined-petroleum products like gasoline and diesel fell off a cliff during the second quarter because of government-imposed travel restrictions to slow the spread of COVID-19. That had a significant impact on MLP Magellan Midstream Partners (NYSE: MMP), which operates the country's longest refined-products pipeline system.