Dividends4Life: A 9% Yielding Green Machine With 13 Straight Hikes

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 to double within the next few years due to dropdowns and strong contracted demand. It's currently 17% below analysts' consensus price target.

Looking for something a bit different in the high-yield world? Maybe you should grab some units of Enviva Partners LP (EVA), the world's leading manufacturer of biomass wood pellets. It has a big cost advantage over its competitors - it sources its feedstock from the forests of the southeastern US, which happens to be, by far, the cheapest source on the planet for wood pulp.

Source: Seeking Alpha

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