13 High Dividend MLPs for Dividend Lovers

For many investors, publicly traded Master Limited Partnerships can be valuable tools for diversification. As partnerships, MLPs are subject to a special tax code and avoid federal and state corporate income taxes. Hence, their “distributions” to their investors are partially or entirely tax-deferred. Most MLPs are high yielders and increase their distributions to investors each quarter, achieving a consistent dividend growth for several years. Defensive investors love high dividend yielding stocks that have long records of increasing payments. We believe MLPs are attractive options for conservative investors that seek downside protection. On the other hand, investing in MLPs can be tricky due to the disadvantages of holding them in tax-deferred accounts. Investors should consult to their tax-advisors before adding MLPs in their portfolios. Below, we provided a list of 13 large cap MLP stocks with high dividend yields. The market data are sourced from Fidelity. All companies in this list... Read more