$.80...they need to get ahead of the 2nd guessing every quarter. Pay a special out at YE with any extra. MITT pays $3.20...just declared for this quarter...and it trades at $22.75. Hate it or not, that's my guess.
How do they pay for the new purchase, and who do you sell a relatively small refinery to that you purchased out of bankruptcy? These are some of the issues that are driving the price down.. The distro probably will be reduced along the lines of NRGY. GL and hopefully this won't be the case.
Big 2nd coming for funds to finish plant/pipeline. I like this MLP...made good money here...will consider when owing it again when the SO hits.