Looking for dividend growth in the high-yield space? This MLP yields 8.65%, with 1.15x coverage over its 1st two quarters. Mgt. is guiding to 20% dividend growth/year through 2019. Mgt. also guided to 1.2x-plus coverage in 2018, and 1.3x coverage in 2019. It's over 13% below analysts' lowest price target.
How does 20% growth in 2018 and 2019 sound? That's what the management of Oasis Midstream Partners LP (OMP) guided to for the future on their Q1 '18 earnings call: "Our strong execution to start the year allows us to remain confident in our full year guidance growing our distribution coverage from approximately 1.1 times coverage currently to 1.15 in the second quarter of 2018 to greater than 1.2 by the end of 2018 into 1.3 times in the first quarter of 2019."
Source: Seeking Alpha
Related Articles:
- 26 Income Securities For A Well-Rounded Asset Allocation
- 5 Small/Mid-Cap Dividend Growth Stocks Answering The Call
- 8 Dividend Stocks With The Right Stuff
- Free Cash Flow Payout vs. Dividend Payout
- 6 Dividend Stocks Trading at a Double-Digit Discount
________________________________________________________________
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