Well, you have come to the right place. WallStreetNewsNetwork.com 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.
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%.
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Disclosure: Author didn't own any of the above at the time the article was written.