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APU OFFERS HUGE YIELD. TRY TO GET AT LOWER PRICE.

August 24, 2016

The oil and energy business has been such a disaster that we have been avoiding even looking at positions.

But today we are taking a peek at AmeriGas Partners.  Why?  Because it pays a very nice dividend of 8%.  In today’s low interest environment that gets your attention.

APU is basically stable and is now trading right around the midpoint of the last five years.  It recently went ex dividend at $49 and is now at $46.

So we are placing a BUY LIMIT order at $45.00 buying a small position in APU and will ADD if it continues to act well.  APU may come back to $45 so wait and watch.

AmeriGas Partners, L.P. distributes propane and related equipment and supplies in the United States. It serves approximately 2 million residential, commercial, industrial, agricultural, wholesale, and motor fuel customers in 50 states through approximately 2,000 propane distribution locations. The company’s propane is used for home heating, water heating, and cooking purposes; to fire furnaces, as a cutting gas, and in other process applications; as a supplemental fuel and motor fuel; and for tobacco curing, chicken brooding, crop drying, and orchard heating applications. It markets propane primarily under the AmeriGa dp esoy smf esyvj/, America’s Propane Company, Heritage Propane, Relationships Matter, and ServiceMark trade names.

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The corruption at the Clinton Foundation is finally hitting the mainstream media.

It is important to keep in mind what the Clinton Foundation mainly does: It does precious little in the way of actual philanthropy ($9 million worth out of $140 million in revenue for 2013) but instead spends almost all of its money on salaries and travel expenses for various Clintons (including Chelsea Clinton, now its vice chairman), Democratic allies, toadies, flunkies, hangers-on, and assorted minions. It is a full-employment sinecure program for friends and family of the Clinton political operation, and very little more.

Read more at: http://www.nationalreview.com/article/439258/hillary-clinton-huma-abedin-troubling-questions-influence-peddling-corruption

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