Suburban Propane Partners L.P.  (SPH) Trade Now »     Rate SPH  -  Discuss SPH  -  Add to Watch List        

Traders at Palma are Neutral on SPH

www.palmaresearch.com/default.aspx?viewreport=SPH

On Thursday November 12, 2009 Suburban Propane (SPH) will announce its quarterly and year end results. Suburban Propane Partners, L.P. originally known as The Suburban Gas Company, was formed in the suburbs of Newark, New Jersey, in 1928. The company’s first major expansion took place in 1945, when it acquired the eastern properties of Phillips Petroleum and formed the Suburban Propane and Gas Corporation. The company has been publicly traded on the New York Stock Exchange since 1996, and operates as a Master Limited Partnership.

What are the best buys among dividend-paying issues? In his Dividend Detective newsletter, Harry Domash focuses on for income-generating ideas for long-term investors.

Here, the advisor reviews some of his latest buys among master limited partnerships, preferreds and yield-oriented closed-end funds.

"Among energy partnerships,  we're adding two new picks to the portfolio with a buy rating.

"First, NuStar Energy (NYSE: NS), currently yielding 8.4%, operates crude oil and refined product pipelines and associated facilities.

MLP’s, or Master Limited Partnerships, are sometimes referred to as United States Income partnerships, are investment vehicles that are similar to income royalty trusts, except that they are structured as limited partnerships. MLP’s differ from high income stocks in several ways. Since they pass through income without being taxed at the corporate level, they avoid double taxation. Plus, MLPs can pass through tax deductions.