NuStar Energy L.P. (NS), Energy Transfer Partners LP (ETP) and Vale SA (ADR) (VALE): Cramer’s Favorite High Dividend Stock Picks in August

Energy Transfer Partners (ETP)

We have compiled the stocks with the highest dividend yield among 113 stocks which have been recommended by Jim Cramer on his Mad Money Tv Show in August. NuStar Energy L.P. (NYSE:NS) was on Cramer’s Lighting Round list on August 25 because of its high dividend yield. Some other stocks making it to the list of Cramer’s high dividend stocks include Energy Transfer Partners LP (NYSE:ETP) and Vale SA (ADR) (NYSE:VALE).

During the Lighting Round of his show, Cramer gave positive recommendation for NuStar Energy L.P. (NYSE:NS) saying that the stock is great in terms of its yield and he called it a terrific small company. NuStar Energy L.P. (NYSE:NS) has a market cap of $5.15 billion with dividend yield of 6.63%, which is quite high in terms of average industry dividends.

Energy Transfer Partners (ETP)

Energy Transfer Partners LP (NYSE:ETP) received a Buy recommendation from Cramer in the Lighting Round of his show. Cramer said,

“We gave up too quickly on ETP. It is a buy.”

With a market cap of $18.70 billion, the company has a high dividend yield of 6.65%. Energy Transfer Partners LP (NYSE:ETP) reported a profit growth of 47% to $471 million in its recent quarter results. Further, the merger with Susser Holdings Corporation (NYSE:SUSS) is positive news for Energy Transfer Partners LP (NYSE:ETP).

Vale SA (ADR) (NYSE:VALE) has an extraordinary dividend yield of 9.45% and Cramer picked it up during the Lighting Round of his show. According to Cramer,

“For minerals, we like Vale. We just picked up some more for our charitable trust. We think it has bottomed.”

Vale SA (ADR) (NYSE:VALE) has a market cap of $66.77 billion and it is one of the top iron ore producers in the world. Majority of Vale SA (ADR) (NYSE:VALE)’s plants are in Brazil, which even serves as a potential market for the company.

This article has been written by Prakash Pandey and edited by Serkan Unal.

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