I originally purchased this stock over 4-5 years ago to diversify my retirement portfolio. At the time the yield was around 7.4%. Dividend increases are consistant as is their business plan...weather to some degree. Again, as the market drops therein lies the opportunity. My avg. yeild is now 9.3% through my 2 purchases.
In addition, I've purchased KMP, ETE, and EPD. A 6+ percent yield in this enironment is not only good, but if you look at the earnings stream via increase consumption/transmission of Propane/LNG/distilates while the Fed eases, then you realize you have one of the only stable growth areas around. Also, strong cash flow allows them to borrow and grow cheaply. Bad markets require strong cash flow...PG, MO, PEP etc.
The real kicker is that these are green industries and may benefit with either a Dem or Republican.