OTCPK:ICPVF - Post by User
Post by
777Vegas777on Jul 04, 2019 4:17am
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Post# 29885744
Article (Seeking Alpha) STRONGLY Recommending Interpipeline
Article (Seeking Alpha) STRONGLY Recommending Interpipeline https://seekingalpha.com/article/4273377-inter-pipeline-safe-8_39-percent-yield-declining-payout-ratio-monthly-dividend
Good article - Heres their summary...
Conclusion
In my opinion, IPL's stock decline over the past few years presents income investors with an excellent opportunity to take advantage of its superb yield of 8.39%. The dividend is safe, sustainable, and juicy. The demand for oil is rising, and its price level is good. IPL's management has shown incredible professionalism and execution skills in building an incredible portfolio of assets that can withstand any volatility in the sector. Cash flow per share is going up; the payout ratio is going down. I believe that IPL's yield alone right now makes the stock a fantastic play for dividend growth and income investors who love getting paid monthly. I am currently watching the stock closely and will probably initiate a position within the next month.