Which mlp is going to increase its yield first line or ETP? I think LINE is going to raise its yield next quarter.
Sentiment: Sell
big-linn has stated at public forums they only intend to raise distributions "once a yea"r, so should be over next few quarters
Because those are the big market cap mlps. I already have some of the smaller ones that increase every quarter such as LRE and LGCY. Plus LINE has a history of a bigger increase than a lot of the smaller MLPs.
LINE (like all the E&P MLPs) has had pretty minimal distribution growth for the last 5 years or so. The G&Ps and pipes are the steady distribution growers.
If you want consistent distribution increasers you are looking in the entirely wrong sub-sector. All the ones you mentioned are E&P MLPs and all the E&P MLPs have had minimal distribution growth for years. You should be looking at the pipelines and G&Ps (as well as GPs) and you will find many which raise every quarter by 8% or more per year.
Name some of the smaller MLPs that give you a good increase each quarter. By at least a penny or more each quarter.
Lgcy is .5 cents raise a quarter. LRE is .25 cent raise a Q
There are dozens of MLPs which increase every quarter, so why limit yourself to those two?
None of you care about the tax implications of owning an MLP? I have never owned an MLP until last year...I guess I will figure out how much of a headache it is.
Sentiment: Buy