This stock yields 17.55% and has long-term contracts which amply support its distributions. It recently made a new acquisition which will significantly increase distributable cash flow and strengthen distribution coverage, which is already 1.19x for the past four quarters. It’s up over 8% in the past month, but is still 37% below analysts' consensus price target, and reports Q4 earnings on Monday, February 29th.
Golar LNG Partners LP (NASDAQ:GMLP) is a limited partnership formed by Golar LNG Limited to own and operate floating storage and regasification units - FSRUs and LNG carriers under long-term charters, defined as charters of five years or more. GMLP has a fleet of six FSRUs and four LNG carriers, which just increased to seven FSRUs with its acquisition of the Golar Tundra. Golar GP LLC serves as the general partner of Golar LNG Partners LP. The company was founded in 2007 and is headquartered in Hamilton, Bermuda. Golar LNG Partners LP is a subsidiary of Golar LNG Limited.
Source: Seeking Alpha
Related Articles:
- 10 Dividend Stocks With A 10% Yield In 10 Years
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 7 High-Yield Energy Stocks Growing Their Dividends
________________________________________________________________
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...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
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...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
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