Dividend DataPublished 2026-10-04
“Dividend Stocks Are Selling Off. Here's What I'm Doing.”
$MLXBullish
MLX is held as a core long-term high yield dividend position; recent performance shows 25% total return and future dividends will be reinvested.
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.