The Company's objective is to make quarterly cash distributions to its unitholders at its initial distribution rate and, over time, increase the Company's quarterly cash distributions.
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If you read my "pitch" on KSP and CPLP you know I like dividends and energy. Here you get a great family tradition in the oil patch, next generation taking over at EAC, and this spin-off of ENP that provides a great opportunity for investors to partake.
I got into ENP for an almost 11% dividend; its parent EAC pays none. I think the more you read about the company, and the family, the more comfortable you will be with this as a position.