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Albert Alfonso

 
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  • ONEOK: A Solid Choice For Dividend Growth [View article]
    I am writing up an article about KMI and its possible buyout targets. OKE/OKS would not be on that list as I think they are too big.
    Aug 29 07:29 AM | Likes Like |Link to Comment
  • Update: Prospect Capital Earnings - All Eyes Are On The Dividend [View article]
    Declared dividends are usually "locked in". I would be very surprised if the dividend were changed after the fact.
    Aug 29 06:29 AM | Likes Like |Link to Comment
  • Update: Prospect Capital Earnings - All Eyes Are On The Dividend [View article]
    Gawilley,

    PSEC went from a record quarter to a very bad one. This decline is overstated as a result. Compared to an "average quarter", the decline is more like 40 to 50%. Still not pretty.
    Aug 29 06:23 AM | 1 Like Like |Link to Comment
  • Update: Prospect Capital Earnings - All Eyes Are On The Dividend [View article]
    saratogahawk,

    Not really. The CC was almost entirely focused on the dividend and how PSEC can increase NII.

    If I were to be frank, I think the origination numbers speak for themselves.
    Aug 29 06:22 AM | Likes Like |Link to Comment
  • Impressive Dividend Growth Continues For Altria [View article]
    Stevlg,

    Vector is not a tobacco pure-play as it owns substantial real estate assets. I agree it is a under researched name. Yield is double-digit if you include the annual stock dividend.
    Aug 27 04:59 AM | Likes Like |Link to Comment
  • Prospect Capital results hurt by slow origination activity [View news story]
    Fees are actually down Q/Q.
    Aug 26 07:26 AM | Likes Like |Link to Comment
  • ONEOK: A Solid Choice For Dividend Growth [View article]
    6.5 swede,

    I am also surprised about the lack of coverage on OKE/OKS. They are a big, well managed, and have posted solid growth for years.
    Aug 21 01:15 PM | Likes Like |Link to Comment
  • ONEOK: A Solid Choice For Dividend Growth [View article]
    Clark,

    I have owned OKS since 2013 and only bought OKE after the spinoff of OGS. Both have provided outsized returns. Previously the yield on OKE was below my required level.
    Aug 21 01:13 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Inc: A Solid Choice For Dividend Growth [View article]
    Roc999,

    The GP has in the past reduced or all together waived its IDR take for a few years. For example, the tanker deals announced late last year had this arrangement.

    The problem with this method is it only a band-aid fix. The merger/consolidation is a much better long-term solution.
    Aug 19 01:10 AM | Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    fmarco,

    Dividends and capex comes from FFO, not GAAP earnings. This is due to added back deprecation expenses. However, I think you knew that already.

    As for if the distributions is a return of capital, you'll need to ask a tax professional.

    Below is a link to PGH's IR site regarding dividends tax information:

    http://bit.ly/1r7yQaU
    Aug 12 06:06 PM | 2 Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    Nicholas,

    The Halloween Massacre, when many royalty trusts went bust. I feel for you if you were long back then. However, this event was a long time ago and is no longer that relevant to the discussion.
    Aug 12 05:55 PM | 2 Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    TK,

    Of all the stocks covered on SA, you think PGH is the one being "pumped"?

    News flash, I have been suggesting PGH since it was trading with a $4 handle and a near 10% yield. Lots of folks doubted that Lindbergh would get off the ground. Yet Phase 1 is near completion.
    Aug 12 05:52 PM | 5 Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    pegdavis,

    Not all income is created equally.

    KMI will be paying you dividends, not distributions like KMP. A big difference.

    Furthermore, KMI will be retaining capital for future growth, something which KMP was unable to do without selling equity.
    Aug 12 07:02 AM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    darnoc111,

    KMI will be focusing on the midstream segment. I think they may shy away from acquiring public companies and instead focus on internal growth projects.
    Aug 11 02:40 PM | Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    Charles,

    I sent you a reply to your PM.

    However, adding to your comment, I think you are spot on.

    KMP is past its rapid growth phase. Its focus should now be on smaller incremental growth projects. No need to continually dilute equity holders if you can organically grow the dividend 10% per year.
    Aug 11 11:00 AM | 1 Like Like |Link to Comment
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