do MLPs ever split ? if so how would that effect thi div. yield ?
no different than any other security.
A split changes nothing - 2 for 1 split means distribution cut by half (but you have double the units) and yield remains unchanged.
yes they do I had eep that split 2 for one the yeild was the same payout was also split in half but the yeild stayed the the same becauce the you had 2 units instead of 1