We've had a fantastic run. CLMT has raised its distribution for more than 10 consecutive quarters. Lately, we've been in the habit of getting $.03 bumps. What will happen this time? I know that the Superior refinery was shut down for part of last quarter, and I keep hearing that our access to cheap oil is evaporating. Despite these negative factors, I'm predicting another increase, anyway. Why? Partly because our coverage ratio has been very high during the last few quarters, and mgmt has built in a little saftey valve for a slower than usual quarter.We'll soon find out!
I`m not much on statistics, but I do now the p.p.s. has been falling this quarter because of down time & downgrade. I see the distribution maxed out at this time, but I do see more increases in the future, sorry to be the pessimistic one this time because You know I love this Co.