Buffet would never buy SDRL..way too much debt, no wide moat. Further and more applicable, Buffets 2nd most famous quote is " I'd rather buy a great company at a fair price then buy a fair company at a great price". SDRL will sink into the 20's and eventually cut the dividend. What good is an 11% dividend when you are losing 20% of your capital each year?
DEO has been slowly sinking into the abyss every day setting new lows. There are dozens if not hundreds of great blue chips paying equal or better dividends and in the green almost every day. I'm considering selling my entire position in DEO and putting it to use in better stocks. My problem is that I have a sizable capital gain and it is so low that I continue to hang in there. Yet every week I keep telling myself that I should have sold last week. Anyone else feeling the same?
KMP has been paying out a 6.9% tax-deferred distribution. KMI has been paying a 4.7% dividend ($1.68). This deal proposes KMI increase its dividend to $2, however, KMI stockholders will now be subject to 15% income tax (unless held in an IRA). That new 15% annual tax will cost .30 cents bringing the net dividend back down to $1.70 or 4.7%. So yes, KMP unit holders will go from a 6.9% tax deferred income to a KMI 4.7% net income.
KMP is currently distributing 6.9% as a MLP. KMI is a corporation. KMI proposes a dividend increase to $2.00, but most people will now be taxed at 15% of that. So there goes .30 cents of the dividend to taxes which nets us back to $1.70 dividend or 4.7% that KMI currently pays (unless KMI will be held in an IRA). That 2.2% reduction will add up long term.
KMP is currently distributing 6.9% as a MLP. KMI is a corporation. KMI proposes a dividend increase to $2.00, but most people will be taxed at 15% of that. So there goes .30 cents of the dividend to taxes which nets us back to $1.70 dividend or 4.7%. That 2.2% reduction will add up long term.
KMI is a corporate entity, not a MLP. We will become stockholders, not unit holders. As such, although KMI is proposing a $2 dividend, corporations are not required to pay out a specified percentage of it's profits (as MLP's are) and can cut or even eliminate the dividend if it needs cash for maintenance, operations or acquisitions.
Don't count your chickens till they're hatched. Some KMP shares will be converted to KMI, but not all. The balance will be paid in cash. So you will end up with less of an investment in Kinder Morgan then you now have (unless you buy KMI on the open market with the cash portion) Also, most likely a smaller dividend than KMP paid out.
A lot of smack talk here. Anything under $60 is a great price people. During the Winter, you will be pulling up a chart and saying to yourself "why didn't I buy WAG on that crazy pull back last Summer. How did I miss that ?"
yes, the robber is still guilty, but that has nothing to do with the subject. The tobacco companies are not illegally breaking into houses. As to my SAT's, I'm far from taking them, but very happy to see many other readers of this thread agreeing with me, giving green thumbs up to your red thumbs down. Nice to see that even though I'm 5 years away from taking my SAT's that I'm much smarter than you.
And why haven't you? Is it because you are aware that cigarettes are harmful to your health? Exactly my point. If you where able to make that conclusion, I assure others made the same conclusion, choose to ignore it and later, surviving spouses or relatives want billions & billions compensation for their ignorant spouses decisions. But thanks for proving my point!
If the US government printed prominently at the top of the contractors proposal to beware of unlicensed contractors and I agreed to it and proceeded, then yes, I get what I deserve and should not be able able to run crying "but I didn't know". It's high time people start taking some responsibility for their decisions and stop expecting the rest of us to pay for their stupidity.
Tobacco companies never said to "disregard the warning" still making things up. My neighbor telling me that Joe's cars are fine does not have the same credibility or liability as does a mandatory written statement by the US government.
The tobacco company does not guarantee their product will do no harm. Please stop making things up to support your argument. Tobacco companies do not say a cigarette or your life will last 200k miles nor any other guarantee. The warning on the side of the pack by whomever the author, clearly states they are hazardous to your health. Man-up and stop crying later like you didn't know.
If the government made the used car salesman print on the contract that you should get the vehicle inspected and you decide to ignore the advise, then yes, you should shoulder most of the liability.
Because its been printed on every single pack for decades. Thats how.