We've been watching, with great interest, how new developments have unfolded in 2017. This MLP yields 9.4%. Management has raised the distribution 13 straight quarters. Insiders bought over 100,000 units in August-September. The company was acquired by a leader in its field, with multiple synergies.
CrossAmerica Partners LP (CAPL) is a US company which sells fuel on a wholesale and retail basis and also owns and leases gas station/convenience stores. CAPL's management has been steadily transitioning the company from operating retail fuel/convenience stores to a more stable, rental fee-based business. The wholesale segment grew to represent 76% of CAPL's gross profit in Q2 '17, vs. 72% in Q2 '16. In addition, the company's rental profits increased to 43% of total gross profit vs. 39% in Q2 '16, as management converted more company owned and operated locations to rental properties:
Source: Seeking Alpha
Related Articles:
- Rising Dividends = Rising Returns
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth
- Illinois Tool Works Inc. (ITW) Dividend Stock Analysis
- The Most Dangerous Investment
- 9 Dividend Stocks Beating The 4% Rule
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
It’s no secret that most investors who buy high-yield stocks are looking for income. But every once in a while, yield hunters may come acros...
-
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 ...
-
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. Why Growth-Focused Di...
-
Not all stocks that pay high dividends are too good to be true. In fact, some stocks with high yields have lots of room to grow, or they tra...
-
After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances sinc...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on...
-
Finding great dividend stocks isn't always about searching out the highest dividend yield. Often, especially for retirees seeking a mixt...
0 comments
Post a Comment
Post a Comment