How can they afford to pay dividends on both LINNCO and LINE when earnings doesn't seem to cover even the LINE distributions. Both issues are still based upon the earnings of LINE. ????? Can someone explain.
you need to go back to MLP 101 - you obvciously flunked it the first five times you too the class
LNCO owns shares of LINE. Distributions paid to a share of LINE owned by LNCO, are paid to the owner of a share of LNCO, minus taxes.
Please do not ask questions the pumpers do not want to hear. They will jump up and down
like monkeys and start screaming again. As if that will help their dying stock.
Ever heard of depreciation? It's a novel concept