Looking for high-yield qualified dividends? This LP yields 8.72%, with strong 1.19x coverage. It just reported record earnings last week - revenue up 42%, EBITDA up 44%, cash flow up 26%. These distributions are qualified dividends - no K-1 at tax time. Management just closed a deal that will bump up earnings again in Q4 and in 2018. It also has long-term preferred units yielding 8.2%.
GLOP is a growth-oriented limited partnership focused on owning, operating, and acquiring liquefied natural gas carriers engaged in LNG transportation under long-term charters. GLOP's initial fleet of three LNG carriers was contributed to us by GasLog Ltd. (GLOG), which controls GLOP through its ownership of the general partner and limited partner units. GLOP now owns 12 LNG carriers that operate under multi-year charters with a wholly owned subsidiary of Royal Dutch Shell plc (NYSE:RDS.A). GLOP also has options and other rights under which it may acquire additional LNG carriers from GasLog Ltd.
Source: Seeking Alpha
Related Articles:
- Who is David Dodd and Why Should We Listen to Him
- International Securities For A Diversified Income Portfolio
- International Securities For A Diversified Income Portfolio
- 6 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 3 Simple Steps For A Successful Retirement
________________________________________________________________
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...
-
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...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
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