Want distribution growth and earnings growth? Distribution yield of 9%, with very strong 1.35x coverage. Management has raised the distribution for 11 straight quarters. Just reported Q2 earnings: Revenues and cash flow grew over 50%, net income grew more than 43%, EBITDA grew 36%.
Take a look at midstream firm PBF Logistics LP (PBFX). Its management has been acquiring and integrating its assets over the past several quarters, which has led to some eye-popping growth numbers. Revenue grew 53%, net income was up 43%, EBITDA grew 37%, DCF rose 52%, and net income/Ltd. Partner Unit was up 20% in Q2. Even with common unit growth of 48%, it has still grown distributions/unit by 10.3% in the past four quarters, with total distribution coverage at a strong 1.37x.
Source: Seeking Alpha
Related Articles:
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
A 9% Yield, 11 Straight Hikes, Record Revenues And Cash Flow jnj $133.3 -0.10 -0.0% ko $46.19 0.39 0.8% mcd $157.6 0.36 0.2% pg $92.20 0.55 0.6% xom $78.04 -0.19 -0.2% Expand Portfolio A 9% Yield, 11 Straight Hikes, Record Revenues And Cash Flow
Posted by D4L | Thursday, August 31, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.