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
-
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