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Inergy, L.P. Message Board

  • jw727200 jw727200 Apr 18, 2006 3:46 PM Flag

    Bet they raise divy a penny !

    Nice expansion in Florida , buying Homstead.
    Stock is a solid long holding, paying 8 %.

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    • While going through their 10K, I read that once their distribution reach certain level, general partner will get as much as 48% of the distribition. Does anyone know what is the trigger level of the distribution and how far are we from here. Thinking aloud, if we are close to that level or past that level, then there is not so much incentive for us common unit holder since general partner will take half of the dist.
      If anyone has more info. please share.