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AmeriGas Partners, L.P. (APU)
Anyone own the name APU? Looks like a good buy at these levels. Yield at over 10% now. Hasn't seen these levels since 2016. .95 dividend currently and they have raised it each of the last 5 years. Thoughts?
I was eyeing APU a couple years ago and things didn’t look right to me. That prevented me from pulling the trigger thankfully. I was looking at it in the mid 40’s and look at it today? There’s a reason it’s priced where it is. Careful of a value trap. The divi is nice but anything above 5-6% comes with risk. I believe it’s a MLP so you’ll be receiving the dreaded K’s tax forms.

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