Dividends4Life: Can You Count on This 12.4% Yield?

Can You Count on This 12.4% Yield?

Posted by D4L | Thursday, October 11, 2018 | | 0 comments »

In a market where the average S&P 500 company pays less than two percent, a double-digit dividend yield looks too good to be true. Therefore, it shouldn’t come as a surprise that most ultra-high yielders are not perfect.

Take Green Plains Partners LP (NASDAQ:GPP) stock, for instance. GPP is a master limited partnership (MLP) that owns and operates ethanol and fuel storage tanks, terminals, and transportation assets. Trading at $15.35 apiece, the stock offers investors a jaw-dropping yield of 12.4%.

Source: Income Investors

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