Peters: More Pain to Come for MLPs
Kinder's 75% dividend cut is not going to be the last in the industry, says Morningstar's Josh Peters, but a small number of high-quality MLPs are worth nibbling at today.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Josh Peters, the editor of Morningstar DividendInvestor newsletter and also our director of equity-income strategy. We're going to talk about Kinder Morgan's recent dividend cut and what impact it could have on the rest of the pipeline sector.
Josh, thanks for joining me.
Josh Peters, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.