10 MLPs with Impressive Dividend Yields

Page 1 of 2

10 MLPs with Impressive Dividend YieldsIn the current economic climate investors have sought any and all potential investment opportunities to see attractive yields and returns. One such asset class includes Master Limited Partnerships, otherwise known as MLPs, which have been provided attractive dividend yields throughout the years [for more MLP news and analysis subscribe to our free newsletter].

MLPs generally generate cash flow by transporting, storing, and producing energy commodities such as petroleum and natural gas products throughout the United States. However, these institutions are not as vulnerable to the ups and downs in oil and other commodity prices that many usually suspect. Rather, these companies generate their revenues through fee-based operations that are generally not affected by the fluctuation of commodity prices.

Shares of MLPs are liquid assets that trade on a stock exchange just like other publicly owned companies. A benefit to owning shares of a MLP is that the entity is contractually required to pay out dividends to its partners, otherwise known as shareholders. However, owning shares of a MLP can result in complicated tax implications if an investor is not thoroughly knowledgeable in the area.

Because MLPs are obligated to distribute dividends to shareholders, they typically have attractive dividend yields. In a low-rate and uncertain economic climate, these high dividend yields from MLPs can result in stable income that makes MLP investing an alluring alternative from other assets and securities.

Outlined below are ten high dividend yielding MLPs. All statistics are as of November 26, 2012.

Martin Midstream Partners L.P. (NASDAQ:MMLP)

  • DARS Rating: 3.4 stars
  • Dividend Yield: 9.85%
  • Annualized Dividend: $3.08
  • Market Capitalization: $722.86 million

MMLP is headquartered in Kilgore, Texas and is focused on the storage and distribution of petroleum products and by-products in the United States Gulf Coast region. The company has historically increased dividend payout each year by a very small percentage, most recently boosting dividend payment from 76.25 cents per share to 77 cents per share. The dividend yield for MMLP is currently 9.85% and the stock is down -9.22% year-to-date.

Legacy Reserves LP (NASDAQ:LGCY)

  • DARS Rating: 3.4 stars
  • Dividend Yield: 9.32%
  • Annualized Dividend: $2.26
  • Market Capitalization: $1.17 billion

LGCY is headquartered in Midland, Texas and is focused on the the acquisition and development of natural gas and oil properties in the Mid-West. The company’s dividend payout history has not seen significant increases since 2008, only increasing 4.5 cents over that period. The dividend yield  for LGCY is currently 9.32% and the stock is down -14.09% year-to-date.

PVR Partners LP (NYSE:PVR)

  • DARS Rating: 3.4 stars
  • Dividend Yield: 9.20%
  • Annualized Dividend: $2.16
  • Market Capitalization: $2.08 billion

PVR is headquartered in Radnor, Pennsylvania and is mainly focused on the management of coal, natural resource, and natural gas properties in the United States. The company has had a relatively good history with increasing dividend payments each year, sometimes even increasing dividend payouts every quarter. The only exception to this was a two year period after the financial crisis in 2009 and 2010 when dividend payout did not increase. The dividend yield for PVR is currently 9.20% and the stock is down -8.07% year-to-date.

Vanguard Natural Resources, LLC (NYSE:VNR)

  • DARS Rating: 3.4 stars
  • Dividend Yield: 8.54%
  • Annualized Dividend: $2.43
  • Market Capitalization: $1.68 billion

VNR is headquartered in Houston, Texas and is focused on the acquisition and development of oil and natural gas properties in the Mid-West and Southwestern United States. The company pays a dividend on a monthly basis, recently cutting dividend payout from 60 cents per share per month to 20 cents per share per month. The dividend yield for VNR is currently 8.54% and the stock is up +2.93% year-to-date.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!