Dividends4Life: An 11% Yield, With No K-1, On Qualified Dividends, From A Solid LP

Dividend Growth Stocks News

Trying to find high-yield income without the hassle of a K-1 at tax time? The yield is 10.8%, with trailing coverage of 1.30. These are qualified dividends - investors get a 1099 - no K-1. The company has 5.5-year average contract life, with a $2.2 billion backlog.

Maybe you should take a look at Golar LNG Partners LP (GMLP), a specialized LNG shipping vessel owner, which we've written several articles about. GMLP is a limited partnership formed by Golar LNG Ltd. (GLNG) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which it defines as charters of five years or more. GMLP had its IPO in April 2011.

Source: Seeking Alpha

Related Articles:
- 7 Higher Yielders With A Low Free Cash Flow Payout
- The Will to Win
- 4 Dividend Stocks For A Confident And Secure Future
- To Infinity and Beyond!
- 6 Dividend Growth Stocks With A Low P/E

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.