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
-
It’s no secret that most investors who buy high-yield stocks are looking for income. But every once in a while, yield hunters may come acros...
-
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 ...
-
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. Why Growth-Focused Di...
-
Not all stocks that pay high dividends are too good to be true. In fact, some stocks with high yields have lots of room to grow, or they tra...
-
After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances sinc...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on...
-
Finding great dividend stocks isn't always about searching out the highest dividend yield. Often, especially for retirees seeking a mixt...
0 comments
Post a Comment
Post a Comment