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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (51681)	10/11/2024 1:07:26 PM
From: Privately	Read Replies (1) \| Respond to of 52117

I think that all the "if"s in there give people pause. If they execute perfectly, they might happen, but maybe management won't be so perfect or things might happen that mess up their plans (the world is a messy place). Yes, they repaid the dividends, but the fact that they were suspended so long makes potential buyers uncomfortable (they might do it again). Pretty high risk play, IMHO. 14% sounds great, but BXSL (mentioned by Brehm yesterday) pays about 10.5% and is with a MUCH more stable company. Obviously, everybody has to choose investments that fit their own strategy and risk tolerance. Personally, I may trade/flip some of these high risk issues (as I did with UTF a couple of years ago), but I am unlikely to put them in the "buy and hold" buckets to wait a couple of years for all the "if"s to actually occur. But, that is just me.

To: Elroy who wrote (51681)	12/13/2024 2:43:12 PM
From: Elroy	2 Recommendations Recommended By brehm233 KEN2CWL Respond to of 52117

TULSA, Okla., December 12, 2024--( BUSINESS WIRE)--NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending December 31, 2024 to be paid to the holders of the Partnership’s 12.068% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 11.977% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7542 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7486 per unit on January 15, 2025, to holders of record on January 1, 2025.