Thanks. Do you know where it was priced? I'm sure it's above the range and will open higher. I'm not going to chase it. I'm willing to pay $25 but I doubt I will get it there.
Scotty boy and his Repuke buddies, who are in the pockets of Big Oil, make me sick. It's Hilarous that little turd thinks he has a chance to be President. What happened to the IPO today? Does anyone know?
I don't know the dividend amount. It might be stated in the IPO prospectus and sometimes the IPO services websites or news releases have it. If it's a 3.5% yield to start on a $16.50 IPO price that's 58 cents a year. I'm a big believer in the Marcellus shale and the future of natural gas prices in this country. Southwestern Energy just made an acquisition there and ramped up their production budget although the market didn't like it. Their rationale is that although there is plenty of supply there is plenty of demand too.
I would say this will pay a quarterly. I don't know of any MLP's that pay monthly. I like the insider buying on the IPO. These guys seem to be smart operators. Rice was doing well before the bottom fell out in oil prices. Nat gas is below $3 too.
I could be wrong but I don't think Great Britain witholds taxes on dividends. That's why the two classes of Royal Dutch which have the same dividend, trade at different prices. The B shares which trade in London, have a higher price than the A shares which trade on the Dutch exchange.
Because gold is over $1,500 and they're making money and paying a nice nice dividend BIGMOUTH. And the stocks held up despite useless Goldman's call.