Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (2149)	2/23/2009 2:39:14 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

You have C listed as having cut 10/08... in fact, I see several on first glance where they are listed as having cut dividends... Jim

To: Steve Felix who wrote (2149)	3/4/2010 8:38:41 AM
From: Triffin	Read Replies (1) \| Respond to of 34328

TK subsidiary TGP proposes increased distribution .. ======= 7:50AM Teekay LNG Partners to acquire three ships for $160 mln and recommend distribution increase (TGP) 28.10 : Co announced that it has agreed to acquire two 2009-built Suezmax tankers, the Bermuda Spirit and the Hamilton Spirit, and one 2007-built Handymax product tanker, the Alexander Spirit, from Teekay (TK) for a total purchase price of $160 mln. TGP will finance the purchase by assuming $126 mln of existing debt related to two of the ships, and cash-on-hand for the remaining $34 mln. The transaction is expected to be completed by mid-March 2010. During the contract periods, the newly acquired vessels are expected to generate distributable cash flow of approximately $8 mln per annum. As a result, management of the partnership's general partner intends to recommend that its board increase the partnership's current quarterly cash distribution of $0.57 per unit by $0.03 per unit, or 5.3%, commencing with the first quarter distribution to be paid in May 2010. ======== Triff ..