Saturday, February 12, 2011

Untitled

tclp a gas pipline company with pipelines in the US, Canada and Mexico. 

5.88% current dividend yield. after appreciating 40% during the past year its still selling at a disount when considering free cash flow. TCLP guidance is for increasing revenue and earnings this year and the next.

as one can see from the chart their workers have done a good job for the share owners and attracted capital appreciation and returned cash in quarterly payments.

gas has to move somehow!

so this well run  "arms merchant" can make money no matter what. 

 

i believe tclp is a good position for long term dividend investors. i have no position, but this is a would if i had money situation

 

 

Posted via email from fortypercent's posterous

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