Transmaigne Partners TLP added to Income Watchlist

TransMontaigne Partners (TLP) provides terminaling, storage and related services to petroleum related companies. April 16th the company increased its quarterly distribution 2% to $0.60/share. The distribution is payable on May 11, 2010 to unitholders of record on April 30, 2010. The ex-distribution date is April 28, 2010. The yield based on the new payout is 8.21%

Thanks to Dividend Value for this tip
The price is too high right now to sneak in just before the quarterly dividend payment, but one for the watchlist.

Patience, patience.