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TEPPCO Partners: A Pipeline For Profits?

Teppco had the unfortunate problem that the partnership technically terminated momentarily in '07 due to ownership changes. That meant that a lot of unitholders (like me) got saddled with fully taxable regular income (not even qualified dividend income!) that actually exceeded the amount of the distributions paid out. A very nasty surprise.

Ten High Dividend Securities To Watch

Taxation depends on the particular MLP. It tends to vary between 60% and 100% deferred taxation (via reduction in cost basis). Some MLPs who are in heavy investment phases (e.g. LINE) will have 100% deferral. Others, like TPP, are closer to 70%.

Ten High Dividend Securities To Watch

Those are some excellent suggestions. Pipeline MLPs, such as EEP and TPP, tend to have very stable income with revenue guaranteed many years out. Some other to consider are OKS and EPD. Upstream (E&p) MLPs are slightly riskier, but offer excellent yields: LINE, CEP.