MLX is held as a core long-term high yield dividend position; recent performance shows 25% total return and future dividends will be reinvested.
BullishHe framed it in years
“Dividend Stocks Are Selling Off. Here's What I'm Doing.”
Dividend DataPublished Oct 4 · 2 passages
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Stock number six is MLX, ticker symbol MLX. This is a mid-stream oil and gas pipeline. This one is a master limited partnership, so you will get a K1 in your tax form. Interestingly, HSM you don't get a K1 in your taxes.
So, MLX, I have $18.95,000, 25% total return. I purchased around the same time as HSM. And both of these I kind of look as core long-term high yield dividend positions in my account.
Despite it being a smaller position, it's my third largest dividend payer. And both MLX and HSM, they pay in the same month. And that's coming up in November. That's going to be my highest dividend paying month by far.
And MLX, that will pay me $361. I will be reinvesting both of those dividends.
What this channel has said about $MLX
Dividend Data has only this one call on this stock.
2026-10-04BullishThis one
Stock number six is MLX, ticker symbol MLX. This is a mid-stream oil and gas pipeline. This one is a master limited partnership, so you will get a K1 in your tax form. Interestingly, HSM you don't get a K1 in your taxes. So, MLX, I have $18.95,000, 25% total return. I purchased around the same time as HSM. And both of these I kind of look as core long-term high yield dividend positions in my account. Despite it being a smaller position, it's my third largest dividend payer. And both MLX and HSM, they pay in the same month. And that's coming up in November. That's going to be my highest dividend paying month by far.