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


To: Steve Felix who wrote (20994)10/28/2014 9:16:52 AM
From: E_K_S  Respond to of 34328
 
ONEOK Inc. (OKE) -NYSE - 3.9% dividend
ONEOK Partners, L.P. (NYSE: OKS) - 5.8% distribution
(Note: ONEOK, Inc. operates as the general partner of ONEOK Partners, L.P.)

ONEOK Partners Announces Acquisition of Natural Gas Liquids Assets in the Permian Basin of West Texas and Southeastern New Mexico

The Partnership Increases Strategic Presence in Natural Gas Liquids-Rich Basin Capital-growth Program Now Totals $8.3 Billion to $9.0 Billion Through 2016

"These assets will provide fee-based earnings to the partnership and further expand our natural gas liquids segment's portfolio of assets while positioning us for additional growth opportunities," Spencer added.
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This is another one to watch if/when the MLP distribution rises above 6.5% and/or the GP OKE dividend gets to 4.5% or higher. Like KMI they have Billions invested in capital-growth projects that will generate more FCF that can be distributed back to shareholders.

I unfortunately sold my starter position in OKS last week during the MLP sell off to invest the proceeds into WPZ. I have OKS on my Buy list but would like it at lower prices so my % distribution/Div yields are w/i my preferred range. Their 3 year growth rate is estimated at 7.1% w/ a 1.08 coverage ratio. Therefore rising distribution are safe.

EKS



To: Steve Felix who wrote (20994)11/24/2014 6:10:13 PM
From: E_K_S  Read Replies (1) | Respond to of 34328
 
ONEOK Partners, L.P. (OKS)

Upped my position in this MLP Midstream company. This is my second buy in the last 45 days. Closed out my MEP as they announced a $1.5Bln shelf offering last week implying that a secondary offering is not far off. I will buy shares if/when that is announced.

The KMI "roll-up" has been approved and the Kinder family of companies are all doing well even KMI/WS.

This SA article sums up the opportunity well.

Kinder Morgan: A Dividend Growth Star Is Born

Kinder Morgan took this bull by the horns and made the merger a reality. The resulting KMI is now a much stronger stock and should be considered a solid buy for any dividend growth investor.
When the new KMI shares are distributed, KMI will be my largest holding in the taxable account. I also have 1500 KMI/WS warrants that I will wait to exercise in 2016-2017.

Have a Happy Thanksgiving!

EKS