This stock yields 11.92%, with 1.14x coverage. It has raised its distribution every quarter for the past 12 quarters. It has expanded rapidly in the past year - revenue grew 87%, EBITDA grew 113%, DCF grew 228%. It looks undervalued on a price/book and PEG basis. Do you like tacos and Tex-Mex food?
Apparently, a lot of travelers do, as witnessed by the rapid expansion and inclusion by Sunoco LP (NYSE:SUN) of its Laredo Taco Company food outlets into its retail Convenience store/gasoline outlets. SUN has had mega-expansion over the past year, rapidly expanding into the C-store business, growing its footprint by over 40%, to 1,300 stores, via a major dropdown from Energy Transfer Partners, (NYSE:ETP), and through various smaller acquisitions. It is now among the top five players in the US C-Store industry.
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
-
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...
-
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...
-
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 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 ...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
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...
-
Before the painful fourth-quarter stock market decline, steady dividend payers probably weren’t foremost in many investors’ minds. After all...
0 comments
Post a Comment
Post a Comment