Looking for Passive Income? Consider This Tried-and-True Energy Stock
Meanwhile, Magellan Midstream Partners (NYSE: MMP) is still 40% or so below its all-time highs and offering a huge 7.8% distribution yield. If you are looking for some passive income in the energy sector, Magellan's fat yield should be of interest to you. Meanwhile, Magellan doesn't really care too much about commodity prices.