Quote:
Originally Posted by Sieg
I'm due for some KMP love and certainly need it after last weeks pummeling! LOL
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It's a long term hold for me - so I'll just trade my KMP in for the KMI (when they offer the swap) whatever that looks like. I'll roll with Richard Kinder whom seems to have a very good handle on the oil and gas and pipe biz. I liked the tax free income (they do this as a "return of equity" vs a dividend) but that's not really a big deal as it's only $60K per year in "tax free" income...
What I hope is that the savings of Admin etc --- is given back to the shareholders in the form of higher dividend - which will offset the taxes.