The GOOD news: No, KMI is a C corp so they can be put in a tax deferred account.
The BAD news: You can't transfer individfual stock into a tax deferred account from a taxable account. You can only contribute money into a tax deferred account. So you would have to sell the KMI you got for the KMP shares & contribute that money to the to the tax deferred account however many years that may take. Then you can buy the KMI in the tax deferred account.
I aree, or maybe self delusional hope, that longstreet is right. I'm in at 16.985 several minutes ago---uh oh we're on our way to $10 for sure.
Finally found the statement: http://financedotyahoo.com/news/hannon-armstrong-announces-144-million-202800156dothtml.
Replace the "dots" with a period (.) in the above URL
"I'll likely add HASI to my holdings next week. Thanks for the comment. What are the prospects for future divi raises with HASI? Sounds promising."
They have said that they will raise the dividend rate to $1-$1.04 with the next declaration of 2015.
"What levels should I be looking at? Below 13 probably won't happen."
I think 13 is not likely but you never know with this jittery market. FWIW I scaled into HASI between !3.40-1350 & CORR between 6.90-6.94.
"...Also MWE would take little owenership min the Y grade line anyway because they want to process - not own pipes."
Sounds like MWE is KMIs 1st target after the KMI/KMR/EPB/KMP merger?
Again we are treated to words of wisdom from the ALMOST janitor at ARCP. Good show, Mr custodian! Now there is some cat puke over in the corner you need to take care of in your present job.
I like the deal too. You might want to read the Seeking Alpha Article "Update: Iron Mountain Buys Cloud Based Service Company To Help Penetrate The Electronic Document Space." The author has other IRM article there too. He's the reason I bought IRM just before the PLR at $29.
You have done such exemplary DD on IRM to find this out!! You should sell everything else, borrow every cent you can, mortgage every piece of property you have and PUT IT ALL IN IRM.
"You sell & I'll buy & we'll see whose right."
Not saying that SDRL has no problems. I'm saying that SDRL is in far better shape than the other deep water drillers since SDRL's fleet is newer, SDRL has SDLP to help raise funds, and Frederickson has pulled rabbits out of his hat on other occasions.
That is why I'm in @ a $31.35 average. I believe that the dividend WILL hold at $4. But unless you maintain that the dividend will go to $0, I see SDRL as a buy here. A cut in the dividend, which I don't see happening, to $3 still leaves me @ just under 10% yield. And a cut to $3-$3.50 would most likely cause SDRL to RISE. I've seen this happen to good companies innumerable times.
Anyway, that's my position on SDRL, perhaps I'm stuck with it. Time will tell.
The sudden tsunami of negativity over SDRL & its dividend on this board is amazing!
I'm not saying SDRL is all cream & roses, there are problems for all the offshore drillers on the near term horizon. For me though this follow-the-leader complete negativity makes me think we are at or near the bottom in SDRL. I'll put my money on Frederickson & SDRL's modern fleet, as well as, their MLP conduit to necessary funds SDLP.
Just my (probably errant) opinion.
If you have a equity REIT with a 14%, H*e*l*l even a 10% yield, you should be selling it immediately cause it WILL be cutting the dividend. If you're talking about mREITs then I'd direct you to what happened to ALL of their dividends in 2008-09.
You might want to read an interesting article published overnight on Seeking alpha under the title "Update: Iron Mountain Inc. REIT Dividend, Special Dividend, And Catch-Up Dividend". The author makes a good (I think) point on why the initial REIT dividend is at the annual rate of $1.90 instead of your expected $2+ rate.
I think the author MAY be right, but, of course only time will tell. I'm long IRM & happy with things so far. I'm looking forward to the coming dividend(s) mentioned in the article and for my part will elect to take ALL stock in the special dividend.