lilsdad

10 Best Returning Upstream MLPs

Does anybody out there see investing in quality dividend paying stocks my way. I look at as "buying the dividend" a.e. if I buy TPP at 34.90 and it's paying 2.84, that's 8.13%. Even if the stock drops to say 30.00, I'm still getting 8.13% on my initial investment. Eventually, the value will come back up, but in the meantime the reinvested dividends are earning even more. (TPP also has a discount of 5% with it's DRIP) However, the company must be a solid, stable company able to keep paying stable and increasing dividends. Anyone agree?