Do you use an ethanol blended gasoline in your buggy? Over the past few years, more and more gas stations seem to be carrying ethanol blends, which leads us to the focus stock in this article. This stock yields over 9%, with 1.19x dividend coverage in the third quarter. They've raised their dividend for four straight quarters. Insiders have bought shares over the past two months. It's currently over 16% below analysts' consensus price target.
Green Plains Partners LP, (NASDAQ:GPP) is a fee-based, limited partnership formed by Green Plains Inc. (NASDAQ:GPRE) to provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. GPRE owns 62.5% of GPP, and public unit-holders hold 35.5%. GPP was founded in 2015 and is headquartered in Omaha, Nebraska. GPP's assets include 30 ethanol storage facilities, located near parent GPRE's 14 ethanol plants, 8 fuel terminal facilities in 7 south-central US states, 2,550 railcars, and trucking capabilities.
Source: Seeking Alpha
Related Articles:
- 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
- 17 Investments That Pay Monthly Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Buy stable dividend stocks that pay more than any other relatively risk-free bond in the world will. As investors grow tired of not even bea...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The three cybersecurity investments to purchase offer ways to profit from intellectual property protection and their importance shined on Ju...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.