Plains All American At New High, Dividend Yield At 4%
Investors frustrated with low interest rates on savings and uncertainty about the stock market have found some comfort in master limited partnerships. MLPs raise money from investors to finance their activities, most commonly oil and gas exploration, transportation and storage. The MLPs pay no taxes on profits but are required to make regular cash payments to their investors. Plains All American Pipeline (PAA) is one such MLP. The stock offers the
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