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  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    PendragonY,

    You are wrong about the price decay. All you have to do is look at a long term chart of BDCL compared to WFBDCPX, and MLPL compared to AMZ. Did you try? The numbers you quote are not validated by actual price action.
    Aug 12 03:22 PM | Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Not having those untaxed KMR dividends puts a hole in my plans. However, I also own KMI so better dividend growth makes up for some of the KMR change.

    In the long run, I want Kinder to be a successful and growing business. I can live with the forced change to KMR if I can see a better business as a result. Who knows what the future may bring? Change is the only constant, and I have been wondering if the MLP story - don't sell because of the tax consequences and let your heirs have a stepped up basis - could be realized over the rest of my life.

    The initial euphoria is subsiding, all of Kinder is down today. If this continues I might add to my KMI position.
    Aug 12 01:45 PM | Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    KMR holder,

    Right you are. I missed that in the press release, which I mostly skipped in favor of the presentation, which says this on slide 3: "subject to shareholder and regulatory approvals".
    Aug 12 12:35 PM | Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    PendragonY,

    Many people share your view. I do not. I have analyzed the price performance of MLPL and BDCL compared to the underlying indexes. In the 3+ year life of these ETNs, neither has had any price decay relative to its underlying index.

    Your view is totally correct relative to ETNs that rebalance daily. However, the UBS 2x leveraged ETNs rebalance monthly, which makes all the difference.

    Of all the 2x leveraged ETNs, I think MLPL makes the most sense economically because of the underlying businesses. You are getting twice the yield of a large number of stable and growing businesses that are going to be successful for a long time.
    Aug 12 11:29 AM | Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    George,

    Thanks for your list.

    I also own (NASDAQ:BBEP) and (NASDAQ:LINE). Also (NYSEARCA:BDCL), (NYSEARCA:MLPL), (NASDAQ:LNCO), (NYSE:QRE), (NYSE:NMFC). However, unlike you I don't expect any growth except for MLPL.
    Aug 12 10:24 AM | Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    George,

    What names do you have that pay 8-9% today and grow their dividends steadily?
    Aug 12 01:24 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    Dividends#1,

    I first bought KMR and KMI in 2011, and very happy that I did. I plan to hold for the long term.

    Glad I could put you on to Kinder. ;-)
    Aug 11 01:22 PM | 1 Like Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    KMR intraday high so far is 99.77. 100 is closer than you think.
    Aug 11 12:49 PM | 1 Like Like |Link to Comment
  • Kinder Morgan To Merge Partnerships Into One Company [View article]
    Chancer,

    Compare slide 12 to slides 11 (NYSE:KMP) and 13 (NYSE:EPB). Both have estimates for taxes. Slide 12 does not; the KMR exchange is not taxable.
    Aug 11 12:44 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Interesting that the plaintiff attorney does not understand that KMP, KMR and EPB are limited partners, not shareholders. Limited partners are unitholders, and there is a very large difference between unitholders and shareholders. Unitholders do not have voting rights, and cede all management decisions to the general partner. This deal will be voted on by KMI shareholders, not KMP, KMR and EPB unitholders.
    Aug 11 12:31 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Scooter-Pop,

    No !ouch! for owners of KMR, the exchange is not taxable.
    Aug 11 12:13 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan To Merge Partnerships Into One Company [View article]
    It is and will be a C corp, so the dividends are and will be qualified.
    Aug 11 11:34 AM | Likes Like |Link to Comment
  • Kinder Morgan Jumps Largest Growth Obstacle With Consolidating Merger [View article]
    If KMP is ever spun off, wouldn't it be nice if KMR were brought back to like also?
    Aug 11 11:27 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    trs80,

    The KMR exchange is not taxable.

    Love your moniker ;-)
    Aug 11 11:09 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    So far today's high is 42.49.
    Aug 11 10:49 AM | Likes Like |Link to Comment
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