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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!