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Buckeye Partners (BPL)

This is a dividend paying Master Limited Partnership (MLP) stock. It has been increasing it's dividend over the last 10 yrs, while the EPS has been choppy.
Over the past 5 qtrs, the dividend is essentially leveled off with only a penny (1%) increase quarter over quarter.
Overall, it has been a dividend friendly investment,

"...owns and operates one of the largest independent refined petroleum products pipeline systems in the United States in terms of volumes delivered, with approximately 6,000 miles of pipeline. Buckeye also owns more than 100 refined petroleum products terminals with aggregate storage capacity of over 64 million barrels, operates approximately 2,800 miles of pipeline under agreements with major oil and chemical companies, owns a high-performance natural gas storage facility in Northern California, and markets liquid petroleum products in certain regions served by its pipeline and terminal operations. Buckeye’s flagship marine terminal in the Bahamas, BORCO, is one of the largest oil and petroleum products storage facilities in the world, serving the international markets as a premier global logistics hub "
-from http://www.buckeye.com/BusinessOperations/tabid/56/Default.aspx

(Additional details are available here)

BPL News

BPL News