Looking for distribution growth in the midstream high-yield space? The yield is 7.5% with 1.17X trailing coverage, with 1.28X coverage in Q2 '18. Revenue grew 65%, EBITDA rose 63%, and net income rose 200% in Q2 '18. Management committed to 20% annual distribution guidance through 2021, and raised its guidance for EBITDA and for distribution coverage.
If you're looking for distribution growth in the midstream high-yield space, you should take a look at Oasis Midstream Partners LP (OMP), a new MLP whose management has committed to 20% annual distribution growth through 2021. This compares favorably with OMP's peer group, which has an average distribution growth target of 14%.
Source: Seeking Alpha
Related Articles:
- 6 High-Yield REITs With Growing Dividends
- 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
Dividend Growth Stocks News
- My Forever Portfolio: 5 Spectacular Dividend Stocks You Can Buy Now and Hold Forever - Nasdaq - 5/29/2025
- 2 High-Yield Canadian Dividend Stocks for Income Investors - Yahoo - 5/31/2025
- The Smartest Dividend Stocks to Buy With $2,000 Right Now - MSN - 5/30/2025
- Dividend Stocks To Keep An Eye On - May 28th - MarketBeat - 5/30/2025
- Got $5,000? These 3 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows. - MSN - 5/30/2025
- Genuine Parts Company (GPC) Dividend Stock Analysis - 5/30/2025
- AFLAC Incorporated (AFL) Dividend Stock Analysis - 5/23/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
Record Earnings, Rising Guidance, 20% Distribution Growth, And A Well-Covered 7.5% Yield
Posted by D4L | Saturday, September 22, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.