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
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In some dividend investors' minds, there's no such thing as too much dividend income. Yet often, stocks that carry extremely high di...
-
Even after multiple rate hikes from the U.S. Federal Reserve, savings accounts are still paying next to nothing. That’s why over the last se...
0 comments
Post a Comment
Post a Comment