It's not my job - or desire - to keep everyone informed about companies we've discussed in this thread over the last couple of years.... but we have discussed Kinder Morgan Partners (KMP) and it's various other companies quite a bit.
This is a Master Limited Partnership -- which has many rules about distributions etc.
I just read where they're are going to abandon that structure and consolidate their various companies under one name. What that's going to look like - or do to the dividend and share price etc is anyones guess at the moment.
I own a fairly substantial stake in these shares (11,000 shares) -- so obviously I hope that it's beneficial. My guess is - there will be some selling pressure as people tend to bail when they don't understand (or don't want to understand) what's going on.
http://www.bloomberg.com/news/2014-0...tnerships.html