Welcome! Please Log In
Go
Essentials Popular Topics
My Favorite Forums Join Discuss to setup a list of your favorite forums.
ETP Meltdown - Sept Dividend Drill gets Spanked turtle  09-18-2008, 5:48 PM | Post #2563876  | 
0  

Energy Transfer Partners (ETP) the subject of September's Dividend Drill has dropped over 20% since Sept 4th. Yes, the market has had a tough 2 weeks, and the S&P500 is down 6% over the same time frame. ETP has not just underperformed, it's been spanked !

If you bought in at $43.12 (the Dividend Drill current price) you are now down $9.54 per share. That's 22.1% ... over 2.5 years worth of dividends.

Ther's no info in the Dividend Drill that would explain this meltdown. Anyone have any information?

Topics articles dividend investor income investing Investment View Complete Thread
 
© Copyright 2008 Morningstar, Inc. All rights reserved. Please read our Terms of Use and Privacy Policy.
Quotes for NASDAQ are 15 minutes delayed. All other exchanges are delayed 20 minutes.