INVESTING
Pipeline Owners Have Dividends on Tap
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By Jeffrey R. Kosnett
Kiplinger's Personal Finance
Sunday, October 12, 2008
Roughly 50 publicly traded businesses own oil or gas pipelines and storage facilities in the United States and Canada. Their primary appeal: consistent and rising dividends.
The stocks have done poorly lately but wonderfully over the years. Interstate pipeline charges are regulated, so expect steady cash payouts and dividend increases. The shares averaged 7 percent dividend growth over the past 10 years and 10 percent the past three. Attractive names include Atlas Pipeline Partners (symbol APL), Boardwalk Pipeline Partners (BWP), Crosstex Energy (XTEX), El Paso Pipeline Partners (EPB), Energy Transfer Partners (ETP) and Williams Partners (WPZ).


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