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
-
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 ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Without a doubt, buying and holding stocks is the best way to generate wealth over long periods of time. And we're not talking about hol...
0 comments
Post a Comment
Post a Comment