If you're looking for distribution growth over the next few years, you may want to check out This stock. It yields over 9%, with trailing 1.17x coverage. Management has raised the distribution for 17 straight quarters. Management is projecting 10% annual distribution/unit growth through 2019. Its parent company is closing a deal that'll make it one of the leading companies in the red hot Permian Basin. We also offer 1 alternative high yield trade (28% annualized) in this article.
Delek Logistics Partners LP (NYSE:DKL) - a midstream company with a presence in the Permian Basin that's poised to become much larger. DKL has 2 operating segments - Pipeline & Transportation and Wholesale & Terminalling. DKL's parent/general partner Delek US Holdings (NYSE:DK) is set to buy the remaining 53% of Alon USA Energy (NYSE:ALJ) on July 1st, which will transform the company into one of the leading Permian midstream firms. Management is targeting 10% annual distribution growth through 2019.
Source: Seeking Alpha
Related Articles:
- Who Owns The Top Dividend Stocks?
- Wealth is a Journey, Dividend Stocks Can Take You There
- 3 Higher-Quality, High-Yield Dividend Stocks
- 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
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
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 ...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment