BUCKEYE PARTNERS L.P. $75 – New York symbol BPL

BUCKEYE PARTNERS L.P. $75 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 123.2 million; Market cap: $9.2 billion; Price-to-sales ratio: 1.6; Dividend yield: 5.8%; TSINetwork Rating: Average; www.buckeye.com) operates over 9,600 kilometres of pipelines in the northeastern and midwestern U.S. Its network pumps… Read More

High-yielding MLPs: one buy, one hold

Buckeye Partners and Cedar Fair are master limited partnerships (MLPs). MLPs pay out most of their income to investors. As a result, they pay very little income tax.

However, MLPs are not eligible for RRSPs or RRIFs. As well, Canadian investors are subject to a 35%… Read More

BUCKEYE PARTNERS L.P. $48 – New York symbol BPL

BUCKEYE PARTNERS L.P. $48 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 97.8 million; Market cap: $4.7 billion; Price-to-sales ratio: 1.0; Dividend yield: 8.6%; TSINetwork Rating: Average; www.buckeye.com) operates over 9,600 kilometres of pipelines in the northeastern and midwestern U.S. Its network pumps… Read More