ONEOK Partners: Dividend Achiever MLP With a 6% Yield
- By Ben Reynolds
Published Feb. 25, 2017 by Bob Ciura
There is an old saying, that it is important to separate the wheat from the chaff. This is especially applicable when considering the oil and gas Master Limited Partnerships.
Investors typically buy MLPs for income. But as the past year proved, an MLP's distribution is not guaranteed.
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NYSE:OKS) navigated the recent downturn in natural gas prices well. It maintained its dividend, even as commodity prices crashed.