Almost 8% yield basically guaranteed. Eventually people will wake up and load up with BWP
Two yrs ago today, BWP was trading at $31.75, 16%+ higher than today. Where's your gain? Even with the dividend, you're down over the past 2 years.
Two years ago Natural Gas Prices started to head downwards, Natural Gas prices have bottomed out and will start to rise which implies increased profits over time
true enough. but, if you are an income investor you have gotten a 5.5% raise. different stocks are suitable for accomplishing different objectives.capital gains is NOT always the goal.
And you'd be up over the last year.
With the junk bond spread at a historic low, this doesn't seem like a bad deal. I added to my position here.