Do you believe in climate change? Either way, a loudly expressed opinion on this subject is sure to raise the temperature in the room at your next cocktail party. The yield is 9.5%, with 1.28x Q4 coverage, and management has raised the payout 10 straight times since its IPO. It reported record revenue, EBITDA and DCF in Q4 '17. Management guided to big growth in 2018, 38%-58% net income, 18%-24% DCF, and it is going to raise the distribution by a minimum of 7.2%. It's now 10% below analysts' lowest price target.
Many of the world's governments, particularly in Europe and the UK, have come down firmly on the side of climate change and have enacted tougher measures for carbon emissions, which has sent major utility companies scrambling for viable alternatives. That's where Enviva Partners LP (EVA) comes in. EVA is the world's largest producer of wood pellets, supplying ~ 14% of global production. It sources its feedstock from the forests of the southeastern US, which happens to be, by far, the cheapest source on the planet for wood pulp.
Source: Seeking Alpha
Related Articles:
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
- Charlie Munger's 10 Rules for Investment Success
________________________________________________________________
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 ...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
There have been a lot of business cycles over the past five decades, ups and downs through which it takes astute leadership to survive and t...
-
This BDC remains a "Strong Buy". It has a diversified investment portfolio with considerable NII-upside. Shares sell for a premium...
-
A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and this company not only has these ...
-
Whether you are looking to supplement your income or looking to build wealth over very long periods of time, dividend stocks that can reliab...
-
The S&P 500 might be on one of its strongest bull runs ever, but there are several solid dividend stocks out there that haven't quit...
-
Dividend payers have long had a reputation as stodgy companies that can pay a reliable income but whose stocks don't move too fast. Here...
-
These stocks need to achieve the right balance between dividend payment and the re-investment of profits. This ensures that the dividend is ...
0 comments
Post a Comment
Post a Comment