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Suburban Propane Partners, L.P. Message Board

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  • addie.lundsford addie.lundsford Jan 28, 2008 10:32 AM Flag

    House of pain W/ Suburban Propane

    I bought SPH @ $33.50 in 2004. At that time the distribution was $2.45. It's now $3.00, so I'm earning 8.95%, until the next increase.
    LLPs like this are not trading stocks. Almost all the profit is distributed. When the LLP wants to expand, it issues more Units. I'm not against short-term speculation, but SPH et al. isn't (IMHO)the place to do it (successfully).

 
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