Today, we look at an industry that cranks out some of the highest yields around: pipelines. Longtime readers know America’s booming oil output has driven big gains for these partnerships. With more crude flowing through their networks, these businesses have passed on large dividend hikes to unitholders.
Case in point: Tallgrass Energy Partners LP (NYSE:TEP). The partnership owns a number of pipelines across the Midwest, in addition to a few processing plants. And with a yield approaching 8.2%, the business has gained a following with income investors.
Source: Income Investors
Related Articles:
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?
- Dividend Stocks in Today's Market
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.