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?

MLPs

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.

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.

Trees

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 WallStreetNewsNetwork.com. 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.

By Stockerblog.com

Stocks Going Ex Dividend First Week of August 2013

  Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, many with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.

First Commonwealth (FCF) 8/1/2013 3.2%

Global Partners L.P. (GLP) 8/1/2013 6.1%

KNOT Offshore Partners LP (KNOP) 8/1/2013 5.2%

Noranda Aluminum Holding Corporation (NOR) 8/1/2013 5.0%

National Resource Partners L.P. (NRP) 8/1/2013 10.3%

ONEOK Inc. (OKE) 8/1/2013 3.4%

Pope Resources L.P. (POPE) 8/1/2013 3.1%

Spectra Energy Partners LP (SEP) 8/1/2013 4.5%

Star Gas Partners L.P. Unit LP (SGU) 8/1/2013 6.6%

Southern Company (SO) 8/1/2013 4.5%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com