Agree there is no reason to buy EPD today except that it has the ability to raise the distribution significantly should rising interest rates impair the unit price Looks like another .01 for two more quarters and then a small special increase. Would guess we will get .02 or .03 in Q3 as an extra. That would mean an increase of .14 to .16 or about a 5% raise. Agree again no big deal but that is good when combined with the distribution discount and having a secure payout.
What???? Down about 2%. Hardly a meltdown. Other MLPs were down up to almost 20% today. No volume and up or down about 2/3 of a buck is nothing to get either very worried or excited in a one day move. If this bothers you suggest you need to get out of the NYSE.