Enterprise Products Partners L.P. (EPD) is listed among the 10 Best Passive Income Stocks to Buy Now for its dividend growth and high yield. The company recently increased its quarterly dividend by 2% to $0.545 per share, extending its streak of dividend growth to 29 years. In the first quarter of 2025, EPD reported distributable cash flow of $2.0 billion, a 5% increase from the previous year, with DCF covering distributions 1.7 times over.

EPD also boasts a solid dividend yield of 6.71% as of July 10 and is a key midstream energy provider in North America. Despite its potential, some believe certain AI stocks offer greater upside potential and lower downside risk. For those interested in an undervalued AI stock with potential benefits from Trump-era tariffs, a free report is available.

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Read more at Yahoo Finance: Is Enterprise Products Partners (EPD) a High-Yield Passive Income Machine?