Dividends4Life: High-Dividend Stock Yields 11%, Record Earnings Again, Will Raise Dividend 10% In 2017

This stock yields 10.72%, with very strong, rising 1.35x distribution coverage. It just reported record revenues, operating income, EBITDA and cash flow for the second straight quarter. It has a pending acquisition that should allow it to raise its distribuThis solid, high dividend tanker stock operates in the niche world of shuttle tankers, which is only around 1% of the world's conventional tanker fleet. Shuttle tankers are a vital link in the oil distribution chain - in many ports, they're the only "ride into town" for oil shippers, so without these vessels, the oil can't get to port.tion 10% in 2017, to a yield of 11.8%. This stock looks undervalued on a PEG basis.

UK-based KNOT Offshore Partners (NYSE:KNOP) operates in the North Sea and Brazil. It provides crude oil loading, transportation and storage services under long-term charters, which gives investors good clarity into future cash flows. Its current contract base has an average term left of 5.3 years, with three-year extension options. Another plus is that its fleet is new, with an average age of just 4.8 years vs. over 11-year average for its industry.

Source: Seeking Alpha

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