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Wednesday, April 16, 2008

Can you guess the answer? Which MLP has now increased its distribution for 19 consecutive quarters? The answer is?

4 comments:

Anonymous said...

anyone buying this dip in the ATN?

Anonymous said...

HOUSTON--(BUSINESS WIRE)--April 16, 2008--Kinder Morgan Energy Partners, L.P. (NYSE:KMP) today increased its quarterly cash distribution per common unit to $0.96 ($3.84 annualized) from $0.92 ($3.68 annualized). Payable on May 15, 2008, to unitholders of record as of April 30, 2008, the distribution represents a 16 percent increase over the first quarter 2007 cash distribution per unit of $0.83 ($3.32 annualized). KMP has increased the distribution 32 times since current management took over in February of 1997.

DS

Anonymous said...

Have owned NRP since original IPO. Superb MLP.

Anonymous said...

It's been awhile since I checked in on you folks. With the recent action, I assume we're all smiles now?

Warning, I'm about ready to dive into MLPs again. Since my investing radar is usually bass ackwards, this could signal a short-term top!