His comments are great fun to contemplate but retained earnings is not part of the MLP scheme of things. I wonder how much can be withheld while remaining legal under the 90% earnings distribution basis required by Uncle Taxman? $2,50 would hand me $17,500/yr.
Do you happen to know about boundaries required of the implied flexibility obviously in play here?
lol I don't care if "you think" of it as 10.00 yield in reality what are you paying out to us joes ?? an increase no doubt - I am really liking NGL this year and next year should be even better.
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