In our last article, we profiled a stock which went public in 2013, and had already committed to a high-yielding minimum quarterly distribution. This week's stock is in a different industry, but is in much the same position, having already stated in its partnership agreement that it will pay a minimum quarterly distribution of $.35/unit. In fact, it increased its most recent distribution to $.355.
With its 7%-plus yield, we've added Marlin Midstream Partners LP (FISH) to our High Dividend Stocks By Sector Tables (in the energy section). Headquartered in Houston, Texas, Marlin Midstream Partners, LP is a fee-based, growth oriented Delaware limited partnership formed to develop, own, operate and acquire midstream energy assets. Marlin currently operates in 2 segments: Natural gas gathering, transportation, treating and processing services, and NGL transportation services; and crude oil transloading services.
Source: Seeking Alpha
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- Early Warning Signs of a Dividend Cut
- Income Annuities vs. Dividend Stocks
- 7 Tech Stocks With A History of Growing Their Dividends
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