Replies to post #767 on Enterprise Products Partners LP (EPD)

[pete807]

Purchase date is recorded. Settlement does not matter in regards to the distribution. Settlement is one or two days later.

EPD went ex July 28th so a purchase after on the 29th whenever the funds are "settled"..... the distribtution goes to the seller. As you explained.

Distributions are "return of capital" and not taxed like dividends as ordinary income.

Master Limited Partnerships reward their investors with distributions.

Over 1200 institutions have money invested here.

-pete