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Richard Edelman
What are your thoughts about the recent decline of Buckeye, is there a concern about their dividend?
Robert Rapier
Their payout ratio recently has been about 1.5, which is higher than most midstream MLPs. So, yes, I think there is some concern about the dividend. In addition, they are up against overall negative sentiment among MLPs, which has dragged down even the best companies in the sector this year.
Stock Talk
Richard Edelman
What are your thoughts about the recent decline of Buckeye, is there a concern about their dividend?
Robert Rapier
Their payout ratio recently has been about 1.5, which is higher than most midstream MLPs. So, yes, I think there is some concern about the dividend. In addition, they are up against overall negative sentiment among MLPs, which has dragged down even the best companies in the sector this year.
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