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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (74675)12/29/2023 9:07:49 AM
From: Elroy  Read Replies (1) of 78776
 
Hola,

Are you a fan of WMB?

I'm curious whether the following is accurate.....

- It's not an MLP, it's a C Corp. Last year on my 1099 more than 80% of WMB's dividends were taxable.
- The yield is about 5%

If these two things are accurate, I'm wondering why I own it? If it were a slowly growing 5% that was tax free, that sounds pretty good. But a very slowly growing 5% paying taxes, that doesn't seem very special to me. I'd rather own EPD yielding 7.6%.

Do you own WMB, and do you have any good reason to own a slow dividend growth (barely above flat) C Corp?
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