This 7.3%-Yielding Dividend Stock Is Making a $715 Million Acquisition to Add More Fuel to Its High-Octane Income Growth Engine

MPLX (NYSE: MPLX) is a high-octane income investment. The master limited partnership (MLP) pays a prodigious cash distribution that currently yields 7.3%. Even better, the company has grown its payout at a more than 10% compound annual rate since 2021 (and increased it every sing