In the LP/MLPs that we follow in our articles, a strong dropdown asset pipeline is essential. As these stocks acquire an asset from their sponsor/general partner, they pump up their revenues, EBITDA and distributable cash flow, which, in turn, allows them to grow their distributions to common unit holders. This stock yields 8.81%, with very strong 1.29x distribution coverage. It acquired a new asset that will grow EBITDA and distributable cash flow by 10%. Management is calling for a 5% initial hike to the distribution and 10%-15% ongoing distribution growth. It has 100%, fee-based, long-term contracts with strong counterparties and increasing Industry tailwinds.
GasLog Partners LP (NYSE:GLOP) acquires, owns and operates liquefied natural gas (LNG) carriers, providing LNG transportation services under long-term charters worldwide. GasLog Partners' fleet consists of nine LNG carriers with an average carrying capacity of approximately 149,500 cbm. The company was founded and IPOd in 2014 and is based in Monaco. GasLog Ltd. (NYSE:GLOG) serves as its general partner.
Source: Seeking Alpha
Related Articles:
- What Determines A Dividend Stock's Yield
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- 10 Stocks With Sustainable Dividend Growth
- 12 Dividend Growth Stocks With A Good Yield/Growth Mix
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
-
Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplan...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.