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Energy Transfer Partners (ETP) is named a top dividend stock by Dividend Channel, which cites...

Energy Transfer Partners (ETP) is named a top dividend stock by Dividend Channel, which cites recent insider buying and an 8.25% yield. Bolstering ETP's case is a strong history of quarterly dividends and favorable long-term multi-year growth rates in key fundamental data points.
Comments (8)
  • Uncle Pie
    , contributor
    Comments (2689) | Send Message
     
    Forbes magazine, which you will go to if you click on the link above, has lost most of its better writers. Perhaps that's why they call ETP a "top dividend stock". Obviously, ETP is NOT a stock and it does NOT pay dividends. It is an MLP and pays DISTRIBUTIONS. This distinction is important because MLP distributions are completely different from dividends from C corps, or stocks, for tax purposes. These people should do their homework, and investors should have a good understanding of the difference between Stocks which pay Dividends and MLPs which pay Distributions before they invest!
    19 Dec 2012, 07:07 PM Reply Like
  • Great Swami
    , contributor
    Comments (547) | Send Message
     
    All true Uncle Pie.....yet you say nothing of the merits or lack thereof, for investing in TCP
    19 Dec 2012, 07:18 PM Reply Like
  • Tips2
    , contributor
    Comments (86) | Send Message
     
    ETP needs to increase the distribution, sooner rather than later.
    19 Dec 2012, 07:29 PM Reply Like
  • chopchop0
    , contributor
    Comments (3135) | Send Message
     
    ETP? Seriously? Even Cramer admits its quite possibly one of the worst investments he's made in recent memory.

     

    ETP is definitely the worst in class for pipeline MLPs. Look at EPD, MMP or KMP instead.
    19 Dec 2012, 08:36 PM Reply Like
  • donmlp
    , contributor
    Comments (260) | Send Message
     
    That's what makes the market tick glad to have bids at 40.00 will make a good income stream for a long time. Do your homework
    19 Dec 2012, 11:04 PM Reply Like
  • chopchop0
    , contributor
    Comments (3135) | Send Message
     
    I did and got in at EPD at 28. It's been a much better decision ;)
    19 Dec 2012, 11:10 PM Reply Like
  • smokey1948
    , contributor
    Comments (11) | Send Message
     
    I've been buying this company in blocks as often as I can get cash together. It is a high yield distribution with an adequate margin of safety. Not outstanding, but safe enough that the returns on capital are well worth it. I have well over a thousand shares and will likely, at dividend accumulation time, re-invest in this MLP. Its addition of Sunoco Logistics Partners will have big dividends with the refinery capacity and key work elements Sunoco can achieve.
    20 Dec 2012, 12:07 AM Reply Like
  • timestacker
    , contributor
    Comments (88) | Send Message
     
    Better plays in the oil and pipeline business are the following:

     

    Buckeye Partners (BPL), 8.26% yield, 17 year dividend increases
    Magellan Midstream Partners (MMP), 4.3% yield, 12 year div. inc.
    Plains All American Pipeline (PAA), 4.66% yield, 12 year div. inc.
    TCP Pipeline (TCP), 7.48% yield, 13 year div. inc.
    Energy Products Partners (EPD), 5.02% yield, 15 year div. inc.
    20 Dec 2012, 07:21 AM Reply Like
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