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
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic. There are still a few ...
-
With how fast the economy is booming, though, just buying stodgy companies might not hold much appeal. That’s why it’s worth taking a look a...
-
In this article we discuss the 5 best dividend stocks to buy according to Stan Druckenmiller. If you want to read our detailed analysis of D...
-
We're all going to need money in retirement, and one good way to build a fat portfolio for your future is to fill it with companies that...
-
The healthcare sector is an excellent place to find high-quality companies that produce consistent growth over long periods of time. Because...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.