KYN, an MLP raised its dividend to .5375, up .01(1.89%) from last quarter.
KYN has raised its dividend every quarter since the start of 2011.
KYN had a EOD high last quarter of 31.52 and is currently trading at 31.11.
It hads an EOD high in 2012 of 32.89.
Can one possibly expect KYN to approach that level this quarter?
A gain of 1.78 from here is +5.54%.
Any MLP lovers care to add their opinions or comments?
I looked at MLP's- i see Doc pushing the options- from a pure stock perspective- I found the tax issues confusing (I could understand them then forget the next minute). There were issues in IRA's especially which is where I would have held them
KYN goes ex-div on 10/03.
This sounds horribly like a SPAM, but I currently have no position in KYM.
I might be establishing one today though.
Waiting for a few chart-reading analysts' imput.