In this article, we will be looking at the 12 best MLP dividend stocks to buy according to analysts.

Policy uncertainty and prolonged interest rate stagnation loom over the market like storm clouds and investors are finding refuge in income-generating assets like Master Limited Partnerships. MLPs are known for offering attractive yields and tax advantages. With the Federal Reserve holding rates steadily longer than anticipated, these MLPs are gaining more traction.

According to CNN, Fed Chair Jerome Powell recently confirmed that rate cuts would have been on the table this year had it not been for President Trump’s tariff policies. The latter has forced central bankers into a cautious stance.

This extended pause on rate cuts is having an impact on the market behavior. Though bonds and growth stocks are valuable investments, the muted returns and the valuation pressures in many cases are diverting the institutional investor’s attention toward MLPs. In addition to offering double-digit yields in some cases, these investments are also providing a layer of insulation against monetary policy indecision.

And it’s not just today. Historically, MLPs have often outperformed the broader equities during tightening interest rate cycles, thus increasing their appeal, even now, to investors seeking stable long-term income.

With this renewed optimism circling the sector, now might be the right time to evaluate which MLPs deserve a spot in your portfolio. So, stay with us as we count down from 12 to 1, the best MLP dividend stocks to buy based on analysts’ recommendations.

Our Methodology

When compiling our list of the 12 best MLP dividend stocks to buy according to analysts, we have followed a few criteria. Primarily, we took only the MLP stocks with a Buy rating from analysts to ensure that our list is backed by expert recommendations. We shortened the list further by removing stocks with a dividend yield of less than 3%. With this criterion, we present you a list of high-income generating MLP dividend stocks in the market. For ranking the stocks, we have used the dividend yield.

All the data used in the article was taken from financial databases and analyst reports, with all information updated as of July 4, 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

12. Dynagas LNG Partners LP (NYSE:DLNG)

Dividend Yield: 5.57%

Analyst Rating: Buy

Dynagas LNG Partners LP (NYSE:DLNG) is part of our list of 12 best MLP dividend stocks to buy according to analysts. The company’s share nears the 50-day moving average following better-than-predicted results in Q1 2025.

Greece-based company, Dynagas LNG Partners LP (NYSE:DLNG) owns and operates six liquefied natural gas (LNG) carriers with a collective capacity of approximately 914,000 m³. Generating cash flows from time-charter contracts, the company’s vessels are employed under multi-year charters to major energy companies. This fee‑based model is also asset-light and hence allows for high utilization without exposing the business to commodity price risk.

With its share price being $3.59 as of July 3, 2025, Dynagas LNG Partners LP (NYSE:DLNG) is nearing its 50-day moving average of $3.61, though the gap is wider in the case of the 200-day moving average of $4.08.

These changes follow the Q1 2025 results, announced by the company on May 27, 2025. In its announcement, the company reported adjusted earnings per share (EPS) of $0.30, which surpassed the analysts’ consensus estimates of $0.28 by $0.02. In terms of revenue as well, the company topped the analysts’ estimated $36.96 million, reaching a value of $39.11 million. Additionally, the company has declared cash distributions for its Series A and B Preferred Units and common units for the quarter while fully redeeming its 8.75% Series B Cumulative Redeemable Perpetual Preferred Units, with the redemption set for July 25, 2025.

The move is expected to remove Series B Preferred Units from trading. The company offers a dividend yield of 5.57%, alongside a Buy rating, for investors seeking a low-priced and stable income MLP dividend stock.

11. Global Partners LP (NYSE:GLP)

Dividend Yield: 5.65%

Analyst Rating: Buy

Global Partners LP (NYSE:GLP) is among our list of 12 best MLP dividend stocks to buy according to analysts. The company completes $450 million senior notes placement following changes in its Board.

Headquartered in Massachusetts, Global Partners LP (NYSE:GLP) is a leading independent owner, supplier, and operator of liquid energy terminals, fueling locations, and retail experiences. The company’s focus is on the wholesale and retail distribution of gasoline, distillates, residual oil, and renewable fuels. It primarily operates in the Northeast, Mid-Atlantic, and Texas regions of the US.

The company announced the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership’s general partner, Global GP LLC, on May 25, 2025. Another change to the Board was contributed by the appointment of Thomas P. Jalkut as the new Vice Chairman.

Following these changes in the Board, Global Partners LP (NYSE:GLP) announced the completion of a private placement of $450 million in senior notes due 2033. The senior notes had an interest rate of 7.125% per annum, and the company intended to use the proceeds for funding a cash tender offer for the outstanding 7% senior notes due 2027 as well as to meet a portion of the debt under its credit agreement.

With the debt refinancing to support financial stability, investors interested in the company’s 5.65% dividend yield can purchase this MLP stock.

10. Sunoco LP (NYSE:SUN)

Dividend Yield: 6.70%

Analyst Rating: Buy

Sunoco LP (NYSE:SUN) is among the 12 best MLP dividend stocks to buy according to analysts. The company’s new acquisition agreement has made an impact on the ratings of Parkland Corporation.

Sunoco LP (NYSE:SUN) is the largest independent fuel distributor in North America and a key midstream energy infrastructure operator. Headquartered in Texas, the company manages over 14,000 miles of pipelines and more than 100 terminals, delivering approximately 9 billion gallons of motor fuel annually. The company’s client base is comprised of dealers and branded partners across 40+ states, Puerto Rico, Europe, and Mexico.

On May 4, 2025, Sunoco LP (NYSE:SUN) agreed to acquire all outstanding common shares of Parkland Corporation. Later, on May 27, 2025, Parkland announced a private consent solicitation to amend the indentures governing its outstanding senior notes with an aim to include Sunoco LP (NYSE:SUN) and its affiliates as “Qualified Owners” of Parkland.

Multiple analysts downgraded Parkland following this announcement. For instance, BMO Capital downgraded it from Outperform to Market Perform. Meanwhile, the monthly performance of Sunoco LP (NYSE:SUN) stayed positive with an uptick of 1.23%.

The company offers a dividend yield of 6.70% alongside a consensus Buy rating from analysts, inviting investors with both an attractive yield and confidence from market experts.