If you have been following this column, you would know that master limited partnerships (MLPs) have become some of the highest yielders in the current stock market. Most MLPs come from the midstream energy sector. By operating midstream assets like transportation pipelines and storage terminals, these partnerships can churn out stable cash flows and pay hefty distributions.
Today’s article is about another energy partnership. But unlike most other MLPs, it is not in the energy transportation or storage business. Instead, I’m talking about Seadrill Partners LLC (NYSE:SDLP), which owns and operates offshore drilling rigs. The partnership was created by deepwater drilling contractor Seadrill Ltd (NYSE:SDRL) and went public in 2012. Since then, Seadrill Partners has grown quite a bit by acquiring offshore drilling rigs from its parent company, as well as from third parties.
Source: Income Investors
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...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
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 ...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
These traditionally defensive investments offer investors a ready income stream through the dividend payments, no matter how the market move...
-
With the Energy sector up over 29% in the 1st quarter of 2021, and leading all other sectors by a wide margin, energy-related high dividend ...
-
Gold is unlikely to produce spectacular returns, but it is highly effective at minimizing the downside in the event of a bubble popping, a g...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.