MPLX is offering a 7.6% dividend yield, well above average, but in its sector (midstream oil/gas) this isn't a big red flag. Their payout coverage ratio is a solid 1.5x, and they've raised distributions for three straight years—up 12.5% in 2024. Growth is coming from new pipelines and recent acquisitions, including a $2.4B deal for Northwind Midstream. The only real downside is MLPs require some extra tax paperwork, but otherwise, MPLX looks stable for income-focused investors. Still, some advisors don't have it among their current top picks.