OMP is yielding 10%, with growing coverage also - it hit 1.6X in Q1 '19. The yield over current cost will grow to 12%-plus in 2020, and to over 14% in 2021. It's 18.5% below analysts' lowest price target, and has received multiple upward earnings estimates from analysts in the past month.
We added Oasis Midstream Partners LP (OMP) to the HDS+ portfolio about five months ago, in January 2019. Thus far, OMP has kept pace with the market, but it's early days yet - this company has a clear growth path through 2021 due to its business model. This quote from the Q1 '19 earnings call really sums it up for OMP: "We've got great coverage, we've got a great balance sheet, and we have good longevity and view into our ability to grow distributions over time."
Source: Seeking Alpha
Related Articles:
- 5 Dividend Stocks With A 20% Yield In 20 Years
- 4 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
20% Annual Distribution Growth Through 2021, Record Earnings, Upped Guidance Again
Posted by D4L | Friday, July 12, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.