4. TransMontaigne Partners (TLP - Get Report) is an MLP that stores and terminals oil and natural gas. Second-quarter revenue inched up 2.6% to $37 million. TransMontaigne generated $14 million of distributable cash flow and paid out $9.4 million, or 67%. The MLP has $4.6 million of cash and $110 million of debt. It offers a quarterly distribution of 60 cents, equaling an annual yield of 7.2%. Since 2007, TransMontaigne has boosted sales 14% annually, on average. Its stock has a three-year distribution growth rate of 29% and a five-year distribution growth rate of 40%.
10 Dividend Stocks With Yields Up to 10%
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