If your basis is $24.52, then you bought within the last year. NRGY's troubles have been thoroughly discussed on this and other boards, so I'm a little puzzled why you should be so clueless about the performance of this stock. 1: Low and falling natural gas prices are pressuring the price of propane. 2: Retail propane is a clycical industry in that it is used in the winter months and right now the weather is warmer than usual. 3: Retail propane is no longer a growth industry.
Investors who ignore those facts are surprised when the stock performs badly. Do your homework before getting your panties in a twist.
One final word: 7000 shares is not a casual investment. If you spent $171,640 on NRGY and think you're screwed if you suffer a distribution cut, you've got more problems than NRGY going south. Perhaps a bond fund would be better suited to your temperament.
your point well taken. Well aware of the facts you have stated including the warm winter. Giving the yield I just do not get the sellers at this price pt. My only guess is a pending dividend cut. If you can recommend a bond fund with these yields I am all ears.