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

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

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!