If you want to heat things up at your next cocktail party, try bringing up the subject of climate change - it's sure to elicit some verbal sparring. Be that as it may, many governments are forging ahead with emissions reduction plans, particularly in Europe, the UK, and now in Asia. The yield is 7.85%, with 1.13x coverage. Management has raised distributions eight straight quarters. Strong industry demand will continue to provide steady tailwinds.
All of this legislative activity is putting pressure on large power generating utilities in these areas to come up with alternative sources of fuel. That's where Enviva Partners LP (EVA) comes in. EVA is the world's leading producer of wood pellets, a biomass item which is much sought after by foreign utilities due to increasingly demanding carbon emission laws passed in the UK, Europe, and Asia. It operates on long-term contracts, which currently have a remaining tenor of 9.8 years, with a backlog of $5.6B. EVA produces these pellets from wood scraps and various forestry products generated in the Southeastern US and is the lowest-cost producer in this niche industry.
Source: Seeking Alpha
Related Articles:
- Who is Ben Grossbaum and Why Should We Listen to Him?
- 4 High Yield, High Risk Dividend Stocks
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
________________________________________________________________
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...
-
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...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
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; ...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
0 comments
Post a Comment
Post a Comment