What to do?
ETE pays 26 cents less per quarter.. .565 for ETP, .305 for ETE
with the extra shares ETP unit holders will get $174.60 less per quarter for each 1000 units held with future
distributions at the current rate. Those units will become 1280 units. Yields will move closer than the current 4% difference as the prices adjust to the deal.
After hours ETP...+5.1%, ETE -2.3%
both go ex on the 6th and pay the 14th.
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-
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