The analysis focuses on two high-yield dividend stocks, HESM and EPD, both in the midstream oil and gas sector. The speaker received $179.99 in dividends from HESM and $77.45 from EPD. EPD has provided a total return of 130% since 2020 and contributes $309.78 in annual dividend income, with 43.1 shares generated from dividend reinvestment, increasing the dividend yield on cost by 4.78%, making the yield on initial dollars invested 15.76%. Since 2021, the speaker has not bought additional EPD shares outside of dividend reinvestment. EPD has grown their dividend payment at a 3-year compound annual growth rate of 4.69%, with the most recent increase at 1.87%. For HESM, the current dividend yield is 7.11% and the speaker received approximately $180 as a dividend. HESM is targeted for 5% annual distribution growth through at least 2027. The total value held is north of $10,000. A conservative forecast estimates about $5,000 in annual dividends and total value of $639,902.98 over 35 years. A DCF calculator within the AI analyst tool estimates HESM is undervalued with an implied share price of $51.75 implying a 24.28% upside.