Amarin Corp Plc (AMRN)

[Crikker]

MLP is master limited partnership. Very common in the oil patch. Mostly pipelines and infrastructure. Since they get to charge a toll they’re not usually as sensitive to the price of oil as some exploration and refining companies tend to be. Also be careful as each one you own will generate a k1 which will add to your tax filing issues. Accountants love charging extra for the extra paperwork and the k1s aren’t guaranteed to arrive by April 15.

The highest dividend paying stocks tend to be negatively correlated with interest rates just like bonds tend to be. Interest rates rise, the stock price drops. The very highest often times dividend yields often signal the market sees a problem with that company. Often times an over leveraged balance sheet that might lead to a dividend cut.

I would suggest to look at well run companies with slightly above average, but below the highest dividend yields, but a long history of increasing their dividend at a reasonable rate. Should help the stock price grow as well as much higher dividends in the future.