Monday, September 15, 2014

Get a High Dividend Income from Exotic Investments

Are you sick and tired of investing in all those blue chip income stocks and those boring oil and gas master limited partnerships? Looking for some exciting investments that still pay a high dividend?


Well, you have come to the right place. has identified over half a dozen exotic master limited partnerships, most of which have yields of over 3.5%. A master limited partnership is a partnership that is publicly traded and trades like a stock. Most MLPs invest in oil and gas properties, so the "exotic" category is everything else.

Amusement Parks

One example is Cedar Fair (FUN), which generates high income from amusement parks and water parks. Doesn't this company have a great stock ticker symbol? The yield on the investment is 5.3%. The stock, actually the MLP unit, trades at 19.8 times trailing earnings, and 14.63 times forward earnings. For the latest quarter, the company reported a 7.4% drop in earnings year over year on flat revenues. However, it reported a 1% increase in net revenues and record year to date revenues of $939 million.


Another exotic MLP is Pope Resources (POPE) which is in the timber industry. The nice thing about this industry is that the inventory keeps going up in value, unlike most other types of inventory. The stock trades at 13.6 times trailing and 18.8 times forward earnings. The investment provides a decent yield of 3.7%.

Cemeteries and Fertilizer

Do you want to invest in cemeteries? How about fertilizer? Or toll roads or fracking sands? You can do it through MLPs, all of which are listed on the free list of exotic master limited partnerships at Now you know how to spice up your portfolio.

Disclosure: Author didn't own any of the above at the time the article was written.


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