Dividends4Life: A 5% Income Stream You Likely Haven’t Considered

Today’s chart highlights some of the best dividend stocks around for earning big yields: pipelines. Pipelines don’t get a lot of coverage in the press. These firms, though, make for lucrative investments. And because they pass on most of their profits to owners, some of these names pay out yields between four and eight percent.

Take Magellan Midstream Partners, L.P. (NYSE:MMP), for instance. This firm owns 13,000 miles of oil and gas pipelines across the Midwest. And while I doubt many of you have heard of it, this partnership is one of my favorite income names for a couple of reasons. To begin with I love the steady cash flows. And Magellan doesn’t have that much exposure to commodity prices; it acts more like a tollbooth, earning a fee on each barrel of crude that flows through its network. While oil prices can swing wildly from year to year, the actual volume of crude running through these pipes remains fairly stable over time.

Source: Income Investors

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