Boardwalk Pipeline Partners fka BWP

[WildCatStocks]

Solid dividend?

Boardwalk Pipeline Partners (BWP) is a limited partnership with interests in over 14,000 miles of pipeline that span from Texas into Ohio. Its pipeline and 11 storage facilities help this stock generate a steady stream of revenue that has allowed it to increase its dividend each quarter over the last year. It currently pays out at $0.53 per share and provides a yield near 8%. I think this is a safe buy but it lacks the explosive growth potential of the others. Its stock has risen $5 per share over three years from $22 to $27 and it is a high yielding dividend stock, but Nustar GP Holdings might be better for investors looking for steep gains rather than something safe and steady.