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Following last week's recap of 2Q19 distributions, today's analysis speaks to the pulse of distributions by examining distribution coverage and payout ratios. How well can MLPs afford their distributions, and how does distribution coverage compare to the past? What are typical MLP payout ratios? Continue reading to find out. In this piece, the constituents of the Alerian MLP Infrastructure Index (AMZI) are used to gauge the health of MLP distributions. For context, the AMZI represented 94% of the total midstream MLP market capitalization as of the end of July.