mared

Kinder Morgan's Dividend Payout Rate Is Unsustainable

What astounds me about the writer of this article is not only his ignorance but of his total unawareness of the fact that there are different business structures implied in the very name of the business.
XYZ Co., XYZ Partnership and XYZ Trust are all different. And different metrics apply.
I don't fault him for not knowing the structure and rules of a master limited partnership; that can easily be researched. I fault him for not noticing the name of a business he's writing about and not knowing that businesses have different structures.
Someone who thinks every business is a corporation has no business writing an evaluation on any business.