You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%, with 1.17X coverage in Q4 '17. Goes ex-dividend this week. Management just raised the payout, based on new assets that'll increase 2018 earnings substantially. It's 12% below analysts' lowest price target. This is a C-Corp that issues 1099s - no K-1. There's also a preferred series yielding 8.4%.
"Following the closing of the acquisition of the remaining 49% ownership interest in the Höegh Grace entities on December 1, 2017, management anticipates recommending to the Board an increase in the Partnership's distribution to common and subordinated units with respect to the quarter ending March 31, 2018." (Source: HMLP site) That was the management of Hoegh LNG Partners LP (HMLP), a pure play FSRU shipping company, commenting on their intention of raising their upcoming Q1 '18 distribution.
Source: Seeking Alpha
Related Articles:
- Dividend Investing + Value Investing = Superior Returns
- The Dark Side of Dividends
- 7 Higher Yielders With A Low Free Cash Flow Payout
- The Will to Win
- 4 Dividend Stocks For A Confident And Secure Future
________________________________________________________________
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...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
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...
-
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