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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (188)	4/3/2003 1:51:37 PM
From: EddieMacG	Read Replies (1) \| Respond to of 387

Has anyone ever looked at the publicly traded energy partnerships with their 6-8 1/2% yields to play this dividend strategy (such as EEP 46.05 KMP 38 EPN 31.82 TPP 30 1/2 and NBP 38 1/2, all of which go ex-dividend at the end of April) ?? Any one have any favorites or thoughts on these???

To: - with a K who wrote (188)	4/4/2003 3:20:14 AM
From: Paul Senior	Read Replies (1) \| Respond to of 387

-with a K. Bought based on, and for, the rich dividend yield. That high yield is scary. Usually predicts disaster. OTOH, MCGC's one of those Business Development Companies that treats all income as a dividend to shareholders. So high dividend yields are the norm. Still, I agree about the those business loans they make. Defaults could crush the dividend and drop the stock. And as bob wallace points out, many are short this stock. In going long, perhaps it's best to play MCGC as bob apparently does: capture a profit quickly at an advantageous point on the dividend timeline, then get out. For me, my intent (if I don't get scared out of the stock) is to continue to hold a very small core position, which I may trade around.