Tim Plaehn
Newsletter provider, dividend investing, master limited partnerships, REITs

Forecast Of 20% Dividend Growth For Tesoro Logistics From Pending Acquisitions

As a relative newcomer to the list of midstream MLP companies, Tesoro Logistics LP (NYSE:TLLP) represents some of the best attributes of an attractive MLP income investment. This stock caught my eye as each time I update my MLP database spreadsheets, the company has added another billion dollars of market cap.

Note: MLP companies such as Tesoro Logistics LP have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in MLP units.

Overview

Petroleum refining company Tesoro Corp. (NYSE:TSO) spun off Tesoro Logistics with an April 2011 IPO. Tesoro's logistics assets including crude oil gathering,...

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