If you're looking for a place to earn a few shekels while you hide out from this volatile market, you might want to consider this company. This stock has continued to beat the market in the past month, quarter, year and year to date, even as the market pulls back. It yields 7.78%, with Q3 coverage of 1.57x, and strong trailing coverage of 1.39x. It just reported Q3 earnings this week: Net income grew 48%, EBITDA 28% and DCF 34% year to date. Management just guided to nearly 12% distribution growth in 2017.
Enviva Partners LP (NYSE:EVA) is the world's leading producer of wood pellets, a biomass item which is much sought after by foreign utilities due to increasingly demanding carbon emission laws passed in the UK, Europe and Asia. EVA produces these pellets from wood scraps generated in the Southeastern US and is the lowest cost producer in this niche industry. Pellets are also produced in British Columbia, Canada, and Southeast Asia, but, as EVA's management pointed out on today's Q3 2016 earnings call, BC has a limited, declining supply and is more expensive.
Source: Seeking Alpha
Related Articles:
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
- 7 Dividend Stocks With A Good Yield And Growth Balance
- 3 High-Yield Dividend Achievers With 25 Years of Increases
Outperforming High-Dividend Stock Yields 8%, 5 Straight Dividend Hikes, Goes Ex-Dividend This Week
Posted by D4L | Thursday, November 24, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.