+ Watch LNCO
on My Watchlist
good income stock in the oil and gas
This is a very risky speculation at this time. Now way should it get 5 stars!
Put this one on watch list and let smoke clear from SEC investigation.Think like Mr. Buffet,be greedy when others are fearful
Purchased $5K of LNCO in my Roth IRA with proceeds from the sale of CPL. Yields 7.4% and pays dividend quarterly.
Adding this one to the list
One of the driving forces behind the LinnCo IPO was that the company sees a very robust acquisition market over the next two years. Because of the price of natural gas is low, many of its drilling peers are running out of options to fund ambitious drilling programs. With selling more mature assets one of the only remaining options, Linn can really go on the offensive.
Steady dividend payment from an emerging energy play.
it just pays
This a a new stock that owns LINE which is an MLP. It has a quarterly dividend of $.71 producing a very nice yield that will not produce problems inside an IRA or other tax-advantaged container.
Currently trading at a discount to LINE, so the yield is actually higher, even though the dividend will be slightly lower. This will sort itself out and the stock will go up as a result.
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