Master Limited Partnerships. You purchase
"partnership units" in the company, not shares.
"unit holders" receive "distributions" from the
partnership, not dividends.
The distributions are the
return of the capital you invested in the partnership
unit and are not taxable as income until your unit
basis reaches zero. The time frame to reach a zero
basis for your units can be loosely determined by the
The link below is a decent info
source on DP plans and
you meant for employees or regular stock holders.
Most of the employees that own stock own UGI stock. I
honestly don't know a soul that owns a share of APU stock.
Years ago the employees of AmeriGas, or UGIte Gas as it
was known then, would be given a number of shares
each year determined by a factor I don't remember.
Many of us old timers, all at my plant, still own all
those shares. UGI did have a reinvestment program so
those shares have multiplied over the years. I really
don't know about an AmeriGas reinvestment plan. See if
I can find out Capt.
I suppose the price of propane depends on the
weather primarily. However the price may be affected by
the price of natural gas, which is way up according
to recent article in Barron's this week. The article
says there is a large shortage of natural gas,