If you're looking for niche Basic Materials dividend paying stocks, maybe you should take a look at the soda ash industry. Soda ash is a commodity which is used in many types of glass, soaps, detergents, paper and pulp, in addition to other categories. This LP yields 8.17%. Distribution coverage was 1.28X in Q4 '17. EBITDA grew 22% and DCF grew 34% in Q4 '17.
Ciner Resources LP (CINR) is one of our long-term holdings - it's part of the Ciner Enterprises Group - it owns and manages Ciner Wyoming LLC - one of the world's largest and lowest cost producers of natural soda ash. CINR struggled a bit in the 1st half of 2017 due to lower market prices and some unscheduled plant downtime, which hurt its earnings in Q1-Q3. However, management just reported robust Q4 '17 earnings, thanks to a much-improved market, with no plant shutdowns. Net Income rose 33%; EBITDA grew 22%; and DCF rose 34%.
Source: Seeking Alpha
Related Articles:
- 7 Higher Yielders With A Low Free Cash Flow Payout
- The Will to Win
- 4 Dividend Stocks For A Confident And Secure Future
- To Infinity and Beyond!
- 6 Dividend Growth Stocks With A Low P/E
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Both of the listed stocks are often discussed on the Reddit page, and for very different reasons. The former pays a frequent special dividen...
-
Interest rates remain very low and given the ongoing economic impact from COVID-19, they will likely stay very low. This low-rate environmen...
-
When it comes to dividend stocks, investors can fall into the trap of focusing on dividend yield over all else. That can be a dangerous stra...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.