Cramer didn't believe in the yield either taking it as a signal that the dividend could be cut.
Cramer is so stuck on KMP which I think has hit a peak of sorts since it is so big it takes bigger and bigger things to move the needle over there. Don't get me wrong KMP is first rate but I think EPD's acquisition of TPP last year will definitely move the needle for EPD versus KMP's rather small acquisitions of late.
Cramer also missed EVEP saying much the same thing a few months ago when the yield was around 12%. Again, Cramer is stuck on LINE which is good but LINE benefited disproportionately from incredible timing in their hedges which will not be repeated as they are living off the fat of double digit NG prices on those hedges. That will end and EVEP's acquisition/growth program is superior to LINE's longer term.