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Thursday, January 05, 2006

If its a sign then its a good one that Martin Midstream Partners increased its distribution by 4 cents to 61 cents a share . That hopefully tells us that MLPS did well in the 4th quarter.

Of course this was immediately followed by an announcemet of a 3 million share offering by MMLP. There may be an opportunity here if you see a reaction plunge of a couple of points. That could send the yield to 8.50% or higher...but one must be nimble. Right now at today's close its priced to yeild 8.1% based on $2.44 annual.

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