Dividends4Life: 13% Yield, Record Earnings, Business Is Booming

Dividend Growth Stocks News

Looking for a high-yield vehicle that's hitting its stride? The yield is 13.49%, with much improved 1.19x coverage in Q4 2018. Record earnings: Revenue up 128%, EBITDA up 145%, DCF up 70%. "Business is booming" - the CEO said on the Q4 earnings call...

Founded in 1998, USA Compression Partners LP (USAC) is a third-party provider of mission-critical compression services to customers across the oil and gas industry. Our compression equipment provides the means by which our customers are able to move natural gas through the domestic pipeline system. We also provide specialized compression applications aiding in the production of crude oil. We are one of the largest independent providers in the US.

Source: Seeking Alpha

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