This stock yields 10.22% and has a 1.08x coverage ratio. EBITDA has grown over 40%, and distributable cash flow is up over 60% in the last four quarters. It has raised its dividend eight straight times, and sees 5% to 7% more payout growth in 2016. Some of the high dividend stocks we've covered in our recent articles are showing lower revenues due to falling crude oil prices, but they're also showing good growth in EBITDA and distributable cash flow.
CrossAmerica Partners LP (NYSE:CAPL) is a case in point. This combo petroleum wholesaler/retailer has been able to grow its distributions over the past eight quarters, in spite of falling crude prices. CrossAmerica Partners LP is a distributor of branded petroleum for motor vehicles in the United States. It distributes fuel to more than 1,250 locations and owns or leases more than 800 sites. The geographic footprint covers 29 states.
Source: Seeking Alpha
Related Articles:
- 4 High-Yielding Utilities With A Growing Dividends
- 9 Dividend Stocks With A 10%+ Dividend Growth Rate
- 3 Styles Of Successful Dividend Investing
- Why Dividend Growth Stocks Are Evil
- Building Yield: 7 Consumer Goods Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
At its opening price of $101 per share on Jan. 7, MSFT stock had a market cap of $782 billion, which made it the most valuable company in th...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
0 comments
Post a Comment
Post a Comment