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
Dividend Stock Yields 11%, Has 12 Straight Dividend Hikes, Big Growth, Below Book Value
Posted by D4L | Friday, August 12, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
The best dividend stock nobody is talking about is an undervalued, high-dividend chemical company poised to grow at an exponential rate. Wit...
-
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the ...
-
A full-blown recession, or the late-year rally in Wilson’s view – the natural move for investors will be toward defensive stocks, moves to p...
-
The Dividend Kings, which are those stocks with at least 50 years of dividend growth, is an excellent place to find high quality names. Ther...
-
This company has raised its dividend for 62 years straight. Dividend stocks are an excellent way to build your wealth over time. According t...
-
When it comes to valuation, most investors fall back on things like the price-to-earnings (P/E) ratio. Earnings are too variable for me, so ...
-
Investors need to seek out stocks of established companies that have a track record of delivering consistent, reliable returns to shareholde...
-
Investing in dividend growth stocks is an excellent strategy to build sustainable wealth for the long haul. This is because only the best st...
-
Downturns are a great time to load up on high-quality dividend stocks. Falling share prices pump up dividend yields, and that means you'...
-
We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book v...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.