Asset sales cut Buckeye’s risk

BUCKEYE PARTNERS L.P. $31 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 147.0 million; Market cap: $4.6 billion; Price-to-sales ratio: 1.1; Dividend yield: 9.7%; TSINetwork Rating: Average; www.buckeye.com) operates 9,700 kilometres of pipelines in the U.S. Northeast and Midwest. Its network pumps gasoline, jet fuel… Read More

Exercise caution when buying MLPs

U.S. master limited partnerships (MLPs) tend to offer much higher yields than other stocks. However, Canadian investors are subject to a U.S. withholding tax of roughly 35% on income from MLPs. (Note: investors can usually claim a Canadian tax credit to offset at least part… Read More

Buckeye should rebound in 2018

BUCKEYE PARTNERS L.P. $48 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 146.6 million; Market cap: $7.0 billion; Price-to-sales ratio: 1.1; Dividend yield: 10.5%; TSINetwork Rating: Average; www.buckeye.com) operates 9,700 kilometres of pipelines in the northeastern and Midwestern U.S. Its network pumps gasoline,… Read More

Updating HP Inc., Boeing Co. and Buckeye Partners L.P.

HP INC. $22 (New York symbol HPQ; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $37.4 billion; Priceto- sales ratio: 0.7; Dividend yield: 2.5%; TSINetwork Rating: Average; www.hp.com) makes computers and printers.

Thanks to strong demand for its premium laptop computers,… Read More