Master Limited Partnerships for Income

Earlier this year, a reader named Pat wrote to me: “I would enjoy your recommendations for various master limited partnerships as we are all looking for higher yielding investment vehicles in this low interest rate environment.” Today is Pat’s day, as I have great...
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Williams Partners LP (WPZ)

I hope you’re enjoying the new Dividend Digest issue. Today we have a new master limited partnership (MLP) that offers a current yield of about 6.8% for aggressive income investors. Williams Partners LP (WPZ) from Forbes/Lehmann Income Securities Investor Master Limited Partnerships are the most attractive income...
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Can I hold MLPs in my IRA?

Can I hold MLPs in my IRA? This is a common question from investors considering buying MLPs for income. While you are allowed to hold MLPs in a tax-advantaged account like an IRA, it is unwise. That’s because the IRS considers MLP distributions into...
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