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


To: Steve Felix who wrote (19351)4/9/2014 10:14:40 AM
From: chowder  Read Replies (2) | Respond to of 34328
 
>>> This is a 6% increase from the prior dividend of $0.67. <<<

This is a misrepresentation by streetinsider. Distributions are paid quarterly and the last distribution was $0.70. They meant to say an increase YOY, May to May. This announcement was a 1.4% increase over the last quarter.

A 6% distribution growth rate is still acceptable though but the yield is low for a MLP at 4.0%. KMP is expected to have 5% distribution growth and is yielding 7.1%. With that in mind, EPD has much more capital appreciation of late than KMP. I own them both and plan on keeping them both.



To: Steve Felix who wrote (19351)10/1/2014 9:17:20 AM
From: E_K_S1 Recommendation

Recommended By
JimisJim

  Respond to of 34328
 
Enterprise Products Partners L.P. (EPD)
Oiltanking Partners, L.P. (OILT)

Enterprise Products Acquires the General Partner and LP Interests in Oiltanking Partners; Proposes Merger of Oiltanking into Enterprise

Oiltanking Partners L.P. (OILT) (the "Partnership"), announced today that Oiltanking Holding Americas, Inc. ("Oiltanking Holdings"), a subsidiary of Oiltanking GmbH, has sold its 64.7% limited partner interest in the Partnership, represented by 15,899,802 common units and 38,899,802 subordinated units in the Partnership, as well as its 2% general partner interest and related incentive distribution rights, to Enterprise Products Partners L.P. (EPD) ("Enterprise"). Oiltanking Partners, through its wholly owned subsidiaries, Oiltanking Houston and Oiltanking Beaumont, engages in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas at its terminals located on the Houston Ship Channel and in Beaumont, Texas.
A good FCF generator to add to the operation.

EKS