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.
As an income investor, this business model is very appealing - long-term contracts, (average 4.2 years plus extension options), on fixed fees, with 100% utilization, and no commodity exposure. Strong future growth for LNG = demand for LNG vessels: The first US LNG terminal should start producing in late 2015, with these other projects following it over the next few years expected to produce a total of 83 mtpa. Notice how most of these projects are already fully contracted. This stock has a well-covered 9%-plus distribution and its forward yield is over 10%. Management confirmed it will raise the next distribution by 10% and confirmed a future distribution compound annual growth rate of 10%-15% for several years.
Source: Seeking Alpha
Related Articles:
- A Winning Investment Strategy
- 7 Dividend Stocks With A 20% Yield In 20 Years
- 5 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 3%
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
This Dividend Stock Yields 9%, Has Strong Revenue Growth And Raising Dividend By 10%
Posted by D4L | Sunday, September 20, 2015 | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.