Dividends4Life: This Dividend Stock Yields 9%, Has Strong Revenue Growth And Raising Dividend By 10%

We went back on the trail of beaten-down energy-related, high-dividend stocks from one of our previous articles, and took another look at a stock which we still believe has a good business model. We'll also list some income vehicles for this stock's parent company in this article. This week's focus stock, GasLog Partners LP (NYSE:GLOP), IPO'd in May 2014 and got caught up in the crude oil crash. Its performance has been pretty dismal, but it did get a lift in this week's energy stocks rebound.

GasLog Partners LP, GLOP, is a growth-oriented limited partnership formed to own, operate and acquire liquefied natural gas - LNG carriers engaged in LNG transportation under long-term charters, which it defines as charters of five full years or more. GLOP has had 20% compounded annual growth in its distribution since its May 2014 IPO, and there's more growth on the way: management stated that, "we intend to recommend to the board an increase in the partnership's quarterly cash distribution per unit of approximately 10% for the third quarter, and affirm our distribution guidance for the next several years of 10% to 15% compound annual growth from our initial public offering."

Source: Seeking Alpha

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