a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Wednesday, April 16, 2008
Can you guess the answer? Which MLP has now increased its distribution for 19 consecutive quarters? The answer is?
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.
anyone buying this dip in the ATN?
ReplyDeleteHOUSTON--(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.
ReplyDeleteDS
Have owned NRP since original IPO. Superb MLP.
ReplyDeleteIt's been awhile since I checked in on you folks. With the recent action, I assume we're all smiles now?
ReplyDeleteWarning, I'm about ready to dive into MLPs again. Since my investing radar is usually bass ackwards, this could signal a short-term top!