Do We Really Have Enough Coverage For This Dividend?
Yes,I think it's safe.
More News related to NRGY Wunderlich Securities Initates Coverage on Inergy (NRGY) with a Buy Inergy (NRGY) Reports Mixed Q4 Earnings; Guides FY09 Adj-EBITDA Inergy Reports Record First Quarter Earnings and Raises 2009 Outlook Inergy, L.P. Prices Private Placement of $225 Million of 8¾% Senior Notes Due 2015 Inergy, L.P. Announces $200 Million Private Placement of Senior Notes Due 2015 More News related to NRGY More News related to New Coverage Wunderlich Securities Initiates Coverage on GeoMet (GMET) with a Buy Barclays Assumes Coverage on National CineMedia (NCMI) with an Equalweight Barclays Assumes Coverage on Cinemark (CNK) with a Equalweight ThinkEquity Initiates Coverage on Emulex (ELX) with a Buy Morgan Stanley Resumes Coverage on Terex (TEX) with an Overweight More News related to New Coverage February 11, 2009 11:28 AM EST
Wunderlich Securities initates coverage on Inergy (Nasdaq: NRGY) with a Buy. Price target $28.50.
Wunderlich analyst says, "We conclude that NRGY units have strong defensive attributes based on stable cash flows from the distribution of necessity products and fee-based midstream operations. Coupled with the potential for a more normalized yield valuation over time, we believe the units have upside potential from current levels...NRGY has shown a remarkable ability to maintain margin in the face of weather-driven volume variability and customer conservation...NRGY has a strong cash flow cushion that protects its distribution to limited partners, which we expect to continue."
Inergy, L.P. (Inergy) owns and operates a diverse retail and wholesale propane supply, marketing and distribution business.
If you're looking for stocks that raise their dividends.. A few I feel are safe investments .However, that doesn't make them safe . So do your own homework as well. I hope you know how important it is to diversify your stock holdings – don't put all your eggs in one basket. ...
I like ,MMP ,PGN, BP,NRGY,T,MO and also NAT which pays a good dividend. But NAT does not raise their dividend every year or 1/4 as the others.
NRGY has a high P/E but has been good to me from 2004 to now.