5 More Promising High-Yield Dividends for 2013: Linn Energy LLC (LINE), Triangle Capital Corporation (TCAP) and More

Page 1 of 2

Dividends from healthy, growing companies deliver to us, like mail carriers, in any kind of weather – boom, bust, or stalled economy. As 2012 drew to a close, I offered some high-yield dividend payers for you to consider. There are a lot of other promising income-generating stocks out there, though, and the year is still young, so if you’ve been meaning to add some dividends to your portfolio, read on for additional ideas.

Below are a few companies about which you might want to learn more. Note that several are limited partnerships (MLPs), which offer some tax advantages as well as some complications. Note, too, that very high yields are sometimes tied to riskier stocks that have fallen in value. Be sure to research such companies carefully before jumping in.

The Best Stock to Profit from Cheap Natural GasLinn Energy LLC (NASDAQ:LINE): Based in Houston, this oil and natural gas company sports a dividend yield of about 7.5%, with some expecting increases, due to recent income-generating acquisitions. The company specializes in buying mature , productive energy assets. Linn Energy is also admired for its successful long-term hedging, and seen by some as a very promising investment.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) is yielding nearly 12%, and is down about 26% over the past year, leaving some wondering whether it’s a bargain now. Over the past 20 years, it averaged annual gains of 23%,  though recent years have been less generous. Like other Royalty Trusts, BP Prudhoe is tied to the fortunes of a particular oil field asset, in Alaska’s North Slope. (Royalty trusts also generally expire after a set period, so don’t expect dividends to continue for many decades here, as they might with many blue-chip stocks. Its reserves are currently expected to last some 12 years, and the dividends are expected to peter out around 2027. The company will benefit from increases in the price of oil and boosted production levels.

Main Street Capital Corporation (NYSE:MAIN) , recently yielding 5.6%, is a business development company (BDC) — essentially a publicly traded private equity company. Like real estate investment trusts (REITs), BDCs are required to pay out at least 90% of their earnings as dividends. That can be great, offering shareholders significant income, but as dividends are so strongly tied to earnings, payouts may be rather volatile. This BDC favors  investing in “traditional or basic businesses,” and late-stages ones, at that, preferring to avoid start-ups, which can be riskier. In 2012, the company issued new shares to retire some debt and generate capital for further investments. Some think it’s not the best at what it does, but others are impressed with its performance lately.

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 44 percentage points in 21 months Learn how!

Lists

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

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!