Regular readers of Income Investors would know that I like to look for high-yield opportunities in out-of-favor sectors. One of those sectors is midstream energy. You see, ever since oil prices crashed in the summer of 2014, there has been a huge sell-off in energy stocks. Even midstream operators that run fee-based businesses suffered huge losses in their share prices. As a result, they now offer some of the highest dividend yields in the stock market...
Over the last several months, one particular high-yield energy stock has caught my attention: Dominion Energy Midstream Partners LP (NYSE:DM). Headquartered in Richmond, Virginia, Dominion Energy Midstream Partners LP is a master limited partnership (MLP). It was created by power and energy company Dominion Energy Inc (NYSE:D) to own, operate, and grow a portfolio of natural gas terminaling, processing, storage, and transportation assets. Dominion Energy Midstream Partners completed its initial public offering (IPO) in October 2014, which was not exactly the best time to enter the energy business. However, the partnership still managed to return a huge amount of cash to shareholders through its rising distribution stream.
Source: Income Investors
Related Articles:
- Are Storm Clouds Gathering For These 4 High-Yielding Securities?
- Weekly Links: May 13, 2017
- 5 Dividend Stocks With A Low P/B Ratio
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Stocks that offer big dividend yields are often backed by businesses that are going through rough patches and experiencing significant downt...
-
With the calendar turning over to 2019, many of the trends causing the rise in volatility aren’t stopping. To that end, making a calculated ...
-
Many dividend stocks tumbled over the past year, since conservative investors often shift from high-yielding stocks to bonds when interest r...
-
Because we're expected to live longer than those just a generation or two removed from us, we'll need income during our retirement f...
-
This company has become an income machine for investors over the past three decades, thanks in large part to the 132 consecutive dividends i...
-
For the most part, stock market investors love the technology sector. While tech stocks were hit particularly hard during the latest market ...
-
If you want to find good deals this holiday season, forget the department stores. Instead, go to the stock market. Due to the lackluster per...
-
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 ...
-
Even though GDP is growing nicely, consumer spending is red hot and unemployment is low, the stocks that are outperforming are all ones we’d...
-
The yield is 9.07%, with 1.14X coverage in Q3 '18. EVA has a $7.4B backlog that's contracted through 2025. Management expects EBITDA...
0 comments
Post a Comment
Post a Comment