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
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.