ONEOK Inc (OKE) Is Buying ONEOK Partners (OKS): Is the Deal Good for Dividend Investors?
Master Limited Partnerships (MLPs) such as ONEOK Partners (OKS) have long been a favorite among high-yield income investors. MLPs have appeal thanks to their generally steady cash flows (courtesy of long-term, fixed fee contracts) and business model that involves paying out the majority of distributable cash flow (MLP equivalent of free cash flow) to [...]