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 ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment