BUCKEYE PARTNERS L.P. $67 – New York symbol BPL

BUCKEYE PARTNERS L.P. $67 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 51.6 million; Market cap: $3.5 billion; Price-to-sales ratio: 1.3; Dividend yield: 5.8%; TSINetwork Rating: Average; www.buckeye.com) operates over 8,700 kilometres of pipelines in the northeastern and midwestern U.S. These lines pump… Read More

MLPs: good choice for growth & income

Buckeye Partners and Cedar Fair are master limited partnerships (MLPs). Investors who hold their units have similar rights to ownership and dividends as common shareholders in regular corporations.

MLPs pay out most of their income to investors. That lets them avoid federal and state income taxes.

In… Read More