Pipeline Master Limited Partnerships Pay Hefty Cash Distributions

The primary business objective of a master limited partnership is to generate stable cash flows and increase quarterly cash distributions. Here are ten such pipeline partnerships.

Many of these MLPs have volatile prices so be sure to check their price charts before you buy them.

Pipeline Master Limited Partnerships
Partnership	Quote	Annual Dividend and Yield	Activities and Service Area
Duncan Energy Partners L.P.	DEP	$1.78 (6.50%)	DEP owns natural gas gathering and transmission pipeline systems in Texas and Louisiana.
Energy Transfer Equity, L.P.	ETE	$2.16 (6.50%)	ETE operates pipelines in Arizona, Colorado, Louisiana, New Mexico, Texas and Utah. It distributes propane in 34 states. ETE owns the general partner of Energy Transfer Partners.
Energy Transfer Partners, L.P.	ETP	$3.58 (7.50%)	ETP operates pipelines in Arizona, Colorado, Louisiana, New Mexico, Texas and Utah.
Magellan Midstream Partners, L.P.	MMP	$2.84 (6.10%)	MMP owns petroleum pipelines and terminals throughout the U.S.
MarkWest Energy Partners, L.P.	MWE	$2.56 (8.20%)	MWE has pipeline operations in Appalachia, Michigan, Oklahoma and Texas.
ONEOK Partners, L.P.	OKS	$4.40 (7.20%)	OKS gathers, processes, stores and transports natural gas in the U.S.
TC Pipelines, L.P.	TCLP	$2.92 (7.70%)	TCLP owns or has interests in three large pipeline systems.
Western Gas Partners, L.P.	WES	$1.32 (5.90%)	WES has pipeline operations in Texas, the Mid-Continent and the Rocky Mountains. Anadarko Petroleum Corporation manages and operates their assets.
Williams Partners, L.P.	WPZ	$2.54 (6.10%)	WPZ has natural gas operations in Colorado, Gulf of Mexico, New Mexico and Wyoming. And it operates natural gas liquids (NGLs) facilities in the Mid-Continent market.
Williams Pipeline Partners, L.P.	WMZ	$1.34 (4.30%)	WMZ owns and operates natural gas transportation and storage assets that extend from the Rocky Mountain region to the Pacific Northwest.
Note: All data are from finance.yahoo.com as of Mar-20-10.

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Updated Mar-20-10.