re: Your go to dividend stocks? (Posted on 12/27/12 at 11:26 am to Lookin4Par)
What's the MT opinion on MLP's? Many of them offer dividens around 10%. Most are in the energy business and have exposure to commodity prices. Some are heavier in energy transportation which should do better in a Stock up vs. Commodity down situation, MMLP comes to mind on this.
CHSBears Texas A&M Fan Baton Rouge Member since Aug 2007 334 posts
re: Your go to dividend stocks? (Posted on 12/27/12 at 11:38 am to LSU0358)
Read up on tax treatment of MLP's before making investment decision. Not appropriate for tax advantaged accounts. I have investments in three MLP's, all pipeline & storage. Have had for 5+ years and will more than likely have for 15+ more years.
CHSBears Texas A&M Fan Baton Rouge Member since Aug 2007 334 posts
re: Your go to dividend stocks? (Posted on 12/27/12 at 12:11 pm to LSU0358)
Generally has to do with larger investors and partnership income that a large investor would have to pay. This is based on their % ownership of the partnership. Also believe there is a IRS limit on the amount of L.P. income that can be earned in a tax advantage account. The really good thing is that once your cost basis is down to zero because of return-of-capital, leave in your estate and your heirs will receive the units at the stepped up basis.