Dividends4Life: This High Dividend Stock Just Declared 5th Straight Hike, Yields Almost 8%

Dividend Growth Stocks News

It's often been said that business is the art of getting paid to solve problems. With that in mind, the US shale gas & oil boom has certainly benefited from some of the problem-solving stocks we've covered in our recent articles - they solve major problems such as water treatment and safety issues for the energy industry, and are experiencing big growth.

USA Compression Partners LP, (NYSE:USAC), is capitalizing on both of these needs. USAC focuses primarily on large‑horsepower infrastructure applications, with over 90% of its revenue generating horsepower deployed in large‑volume gathering systems, processing facilities and transportation applications. USAC's modern compression unit fleet has an average age of approximately five years. USAC provides compression services primarily in shale plays, including the Fayetteville, Marcellus, Woodford, Barnett, Eagle Ford and Haynesville shales.

Source: Seeking Alpha

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