Enterprise Products Partners LP (EPD): Glad you found EPD and have already gain...

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pete807

Re: OldAIMGuy post# 411

Wednesday, 07/10/2019 11:37:13 AM

Wednesday, July 10, 2019 11:37:13 AM

Glad you found EPD and have already gained confidence from the mid twenties... I liken it to boring for the impatient gamblers but very stable over the long haul and will pay you everything back you put in.

I am one of the very old confidence folks here. My father would have been 101 July 3rd and told me about this company and the founder Dan Duncan a long time ago. The previous millennium.

Fast forward to these days, I am still very happy with the BOD of this company as Dan passed away and his daughter is actively involved. Their decision to grow the dividend a little slower to self fund was a very wise one. They have a ton of reserve to build their company bigger without secondary share offerings, which dilute.

GLTus!

-pete

"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-