Thu, Dec 25, 2014, 9:37 AM EST - U.S. Markets closed for Christmas


% | $
Quotes you view appear here for quick access.

Energy Transfer Partners, L.P. Message Board

  • counselor711322 counselor711322 Nov 13, 2012 1:03 PM Flag

    Selling over fiscal cliff concerns "makes no sense" with MLPs

    He pointed to the Alerian MLP [AMLP 15.8101 -0.0599 (-0.38%) ], which investors have been dumping. “It lends itself to panic selling, and that’s what it looks like right now,” said Massocca.

    “Utilities got killed and that makes sense. That’s a qualified dividend,” he said. “It makes no sense with MLPs. They’re not qualified dividends.”

    Stovall said a change in the dividend rate could actually be an advantage for MLPs. “REITs will probably look a little more attractive under the new (possible) tax environment because there’s a more level playing field, the same as limited partners,” he said.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • While MLP's are not qualified dividends, I presume they will be subject to the new 3.8% Obamacare tax and any other tax increases instituted January 1st. If so, ETP's selling pressure may still be modest because most people probably don't have a lot of gains to protect (only distribution income), unless they have been holding a very long time. A KMP investor may be in a different situation given that stocks rise in the past year or two.

63.95+0.35(+0.55%)Dec 24 1:04 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.