Replies to post #541 on Enterprise Products Partners LP (EPD)

[OldAIMGuy]

Hi RM, Re: EPD's distributions.................

Here's what Value Line had to say in their report in late August, 2020:

Enterprise Product Partners’ distribution may be the most secure in
the industry. The quarterly payout is morethan-adequately covered by cash
flow and although the 10-K report states that the dispensation will be
evaluated each quarter, management is strongly indicating that it will not
be reduced.

....and:

These untimely units may appeal to long-term investors looking to
have a presence in the midstream space. True, conditions in the energy
sector remain depressed. Still, this MLP is offering a relatively
well-defined distribution that translates into close to a double-digit
yield. Moreover, total return potential is well-above average through 2023-2025.

FWIW, here's what their forecasts are for share prices in the future:

2023-25 PROJECTIONS 
                                    Ann’l Total 
             Price        Gain         Return 
 High         $55       (+190%)         36% 
 Low          $35        (+85%)         23%

Hope this helps,
OAG Tom