Quote:
Originally Posted by GregWeld
Every day I find a compelling new reason to own stocks that PAY ME to own them.
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash distribution per common unit to $1.36 ($5.44 annualized) payable on Feb. 14, 2014, to unitholders of record as of Jan. 31, 2014. This represents a 5 percent increase over the fourth quarter 2012 cash distribution
How many of you have gotten raises for doing NOTHING....
And to top that off -- the shares jumped over a buck today -- so you get your raise in cash and a friggin' bonus!!!
|
My son initially invested in them last year. Then the local "investing expert" from his work told him that for a small investor the extra tax paperwork for that particular stock would eat up any profit. In his words it's a fine investment for a big investor, but not good for my son, so he got out of it. I always wondered if that was true.