Published Tue, 18 Dec 2012 02:29:16 -0500 on Seeking Alpha
My favorite two income stocks for 2013 have yields above 20%. I do not believe 20% yields are sustainable for multiple years. I do know, however, the wind is at their backs. Both are refinery master limited partnerships (MLP) benefiting on the positive crack yield spreads. I own, am buying more, and am confident in Northern Tier Energy LP (NTI) and Alon USA Partners, LP (ALDW).
Northern Tier Energy LP Distributions
I discussed Northern Tier Energy on December 2nd. I am more confident in the business model than at December 2nd. Northern Tier Energy crack yield spreads will provide an approximate 4th quarter distribution above $2.00 per unit. The bottom line is the company obtains inexpensive crude. The crude is derived from Canadian fields and Bakken oil crude production. Northern Tier Energy can sell the refined products at Brent crude oil prices. Northern Tier went ex-dividend... Read more
|Stock name||Last trade||Dividend/Share||Dividend yield|
|NORTHERN TIER ENERGY LP||21.32||1.52||7.16|
|ALON USA PARTNERS LP||9.18||0.32||3.46|