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
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
There’s a group of companies that have started catering specifically to retirees: monthly dividend stocks. Admittedly, the universe of month...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.