We get an MLP from the High Dividend screen this week – but not a large enough Margin of Safety for the risk involved – especially with interest rates “maybe” set to rise in December 2015.
| Name | Ticker | Price | Fair Value | Margin of Safety | Yield % | MOS % |
| Magellan Midstream Partners | MMP | $67.92 | $76.00 | $8.08 | 4.2% | 11% |
Here are the screen inputs:
- Morningstar analysis available.
- Dividend Yield % > = 4.
- Dividend Growth % Past 5 Years > = 10.
- Payout Ratio Trailing 12 Months < 75
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Stock Industry not = Asset Management
- Forward P/E <= 20.
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