Rising payouts make Buckeye a buy

BUCKEYE PARTNERS L.P. $54 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 51.4 million; Market cap: $2.8 billion; Price-to-sales ratio: 1.6; Dividend yield: 6.9%; WSSF Rating: Average) operates over 8,700 kilometres of pipelines in the northeastern and midwestern U.S. that pump gasoline, jet… Read More

Buckeye Partners L.P. $37 – New York symbol BPL

BUCKEYE PARTNERS L.P. $37 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 48.4 million; Market cap: $1.8 billion; Price-to-sales ratio: 0.9; WSSF Rating: Average) operates over 8,700 kilometres of pipelines that pump gasoline, jet fuel and other petroleum products.

In 2008, Buckeye’s earnings rose… Read More

These Two Have a Competitive Advantage

Buckeye and Cedar Fair operate in industries that are difficult to enter, which limits competition. This competitive advantage should continue to let both of them pay above-average distribution yields, despite the difficult economy.

BUCKEYE PARTNERS L.P. $37 (New York symbol BPL; Income Portfolio, Utilities sector; Units… Read More