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Non-Tech : Income Investing

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From: Elroy	3/20/2025 7:41:07 AM
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NGL said in their previous call that they expect to exit Q1 2025 with zero drawn on their line of credit compared to about $170m drawn at the end of Q4 2024. That forecast makes these preferred dividend payment pretty secure if you ask me. These two are still both yielding more than 12%.... NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units https://finance.yahoo.com/news/ngl-energy-partners-lp-announces-203000303.html Each of the Class B Preferred Units will receive a quarterly distribution of $0.7377 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7320 per unit on April 15, 2025, to holders of record on April 1, 2025.

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