Regular readers of Income Investors would know that I like to look for high-yield opportunities in out-of-favor sectors. One of those sectors is midstream energy. You see, ever since oil prices crashed in the summer of 2014, there has been a huge sell-off in energy stocks. Even midstream operators that run fee-based businesses suffered huge losses in their share prices. As a result, they now offer some of the highest dividend yields in the stock market...
Over the last several months, one particular high-yield energy stock has caught my attention: Dominion Energy Midstream Partners LP (NYSE:DM). Headquartered in Richmond, Virginia, Dominion Energy Midstream Partners LP is a master limited partnership (MLP). It was created by power and energy company Dominion Energy Inc (NYSE:D) to own, operate, and grow a portfolio of natural gas terminaling, processing, storage, and transportation assets. Dominion Energy Midstream Partners completed its initial public offering (IPO) in October 2014, which was not exactly the best time to enter the energy business. However, the partnership still managed to return a huge amount of cash to shareholders through its rising distribution stream.
Source: Income Investors
Related Articles:
- Are Storm Clouds Gathering For These 4 High-Yielding Securities?
- Weekly Links: May 13, 2017
- 5 Dividend Stocks With A Low P/B Ratio
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
This 9% Yielder Raises Its Payout Every Quarter
Posted by D4L | Wednesday, May 16, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.