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
Related Articles:
- 7 Higher Yield Dividend Growth Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
- 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%
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment