Management has raised the quarterly payout for 55 straight quarters. The yield is 8.01%. Management has delivered long-term CAGR of 17% for EBITDA and 16% for DCF over the past 12 years, right through boom and bust cycles.
Looking for consistent distribution hikes and consistent growth? You may want to take a look at Holly Energy Partners L.P. (HEP), whose management has achieved quite a long string of distribution hikes and impressive CAGR since the company's IPO. HEP is a Delaware LP formed in early 2004 by HollyFrontier (HFC) and is headquartered in Dallas, Texas. HEP provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries.
Source: Seeking Alpha
Related Articles:
- Dividend Growth Stocks With A Defined-Benefit Pension
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.