Linn Energy LLC declares $0.2416 dividend


Linn Energy, LLC (LINE) declares $0.2416/share monthly dividend, in line with previous.

Forward yield 9.98%

Payable June 12; for shareholders of record June 9; ex-div June 5.

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Comments (16)
  • vmetla
    , contributor
    Comments (69) | Send Message
     
    Like clockwork. I love these monthly divs.
    30 May 2014, 04:17 PM Reply Like
  • cfindlay
    , contributor
    Comments (67) | Send Message
     
    Mo money!
    30 May 2014, 04:20 PM Reply Like
  • Voice from Chapel Hill
    , contributor
    Comments (82) | Send Message
     
    are you short?
    30 May 2014, 04:39 PM Reply Like
  • jeepnsam
    , contributor
    Comments (54) | Send Message
     
    NICE!!!
    30 May 2014, 04:21 PM Reply Like
  • jerrywengler
    , contributor
    Comments (657) | Send Message
     
    How about we give Linn the nickname, "Old Reliable"?
    30 May 2014, 04:23 PM Reply Like
  • richardsr
    , contributor
    Comments (3) | Send Message
     
    love the articles use then to invest for myself since i retired and so far they have help to keep me from having to seek part time work
    30 May 2014, 05:16 PM Reply Like
  • Marek
    , contributor
    Comments (1516) | Send Message
     
    I hear that, am in the same position. Some of these HNWI who only tout growth maybe never had to look at it this way.
    30 May 2014, 05:50 PM Reply Like
  • critterlitter
    , contributor
    Comments (419) | Send Message
     
    I'm unemployed at the age of 59 so if I absolutely need to, I'll dip into that $1000 per month to top off any needs I have. "Old reliable" will just keep trucking along and make some incremental improvements so as to maintain the dividend and ultimately, the market will up the share price back toward everyone's cost basis (or above for those who just joined in)...

     

    We're good to go for the meantime and there's no reason for things to head south. Maintain the dividend and bolster the production, trade for more good turf, and then look for the next acquisition. Build a better distribution ratio of cash to payout and everything will be fine...

     

    Peace.
    30 May 2014, 06:04 PM Reply Like
  • jerrywengler
    , contributor
    Comments (657) | Send Message
     
    Amen, critterlitter--I'm happy you have Old Reliable's dividend there to see you through hard times. I'm in a similar boat.
    30 May 2014, 07:21 PM Reply Like
  • aeroguy48
    , contributor
    Comments (905) | Send Message
     
    Unemployed here also at 57. After 33 years with the same company, I am lucky a get a pension. I will keep reinvesting my MLP divi'es until it hurts, then take the tax free money.
    31 May 2014, 05:19 AM Reply Like
  • njbother
    , contributor
    Comments (1111) | Send Message
     
    Long LINE for many years. In originally at $18.44, and added a lot since. A great security for my retirement.

     

    But please folks don't bet carried away. This is an MLP, not a stock. It does not pay dividends, but distributions, a lot of which comes from paid in capital. That means the value will more likely eventually go to zero, before it goes to $100. Think of a mortgage investment.

     

    There are many factors that control an MLP's destiny. Management is a key one, and although I think LINE is very good, or I would not be here, they really overpaid for BRY.

     

    That puts a real burden on their performance.

     

    Nat gas prices have to really go up over $5 before this stock moves.

     

    But I am happy just to get my money via the monthly, as to share piece, that is my heirs problems.
    31 May 2014, 07:24 AM Reply Like
  • Capt Jack Daniels
    , contributor
    Comments (1466) | Send Message
     
    Jim Crammer recently spoke unkindly concerning Linn's land swap, if anything that is a good sign to put Line and Lnco on your watch lists.

     

    There use to be a time when he mentioned a stock people would just blindly buy into it, now that most of those people have less to invest with, the only action you'll likely see is him being wrong more than he is right.

     

    What the heck does the guy who slept in his car for many a nights, because of a substance habit, know about Linn energy.

     

    Jim:

     

    Liked it at 40?

     

    now he wants to sell at 27.

     

    Brilliant.
    31 May 2014, 10:47 AM Reply Like
  • jerrywengler
    , contributor
    Comments (657) | Send Message
     
    Capt Jack Daniels: I saw Cramer's remarks also, and, what a coincidence, it caused me momentarily to speak of him unkindly also.
    31 May 2014, 03:19 PM Reply Like
  • critterlitter
    , contributor
    Comments (419) | Send Message
     
    jerry --- it wasn't a coincidence, it was an observation that many have made. I would term it, a general consensus...
    2 Jun 2014, 10:36 AM Reply Like
  • mrgman
    , contributor
    Comments (22) | Send Message
     
    I dont think Cramer knows what hes talking about. If he wants to get paid hes gotta write something, though
    1 Jun 2014, 07:07 PM Reply Like
  • critterlitter
    , contributor
    Comments (419) | Send Message
     
    ... like the saying goes for "celebs" --- even if it's bad news, stay in the news. Just look at John Daly for a good example. He's not what you would call a good role model for your son to emulate, however; people love him --- and he just eats it up --- it feeds him over-and-above all the food and booze he consumes. Something to do with an insatiable appetite --- which many, many people have, in many different forms...
    2 Jun 2014, 10:39 AM Reply Like
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