Looking for more security in the high yield space? Maybe you should consider preferred shares, particularly cumulative preferreds. This security yields 9.25%, with 3.4X net income/preferred distribution coverage. Although the common units yield over 16%, the preferred units have performed much better. It issues a 1099, no K-1.
Hoegh LNG Partners LP, 8.75% Series A Cumulative Redeemable Preferred Units (HMLP.PA) from Hoegh LNG Partners LP (HMLP) is a pure play on FSRU's. FSRU stands for "Floating Storage & Regasification Unit." FSRU's have been a rapidly-growing presence in the LNG shipping industry in the last few years. HMLP's parent/sponsor, Höegh LNG Holdings Ltd., is the largest provider of FSRU's in the market. FSRU leasing/chartering solves many problems for charterer companies and countries. It's slow and expensive to build an LNG import terminal, so FSRU's are being increasingly used to give countries access to LNG.
Source: Seeking Alpha
Related Articles:
- 4 Higher Yielders With A Low Free Cash Flow Payout
- 2 Dividend Stocks Headed In The Right Direction
- Are The Dividends Safe For These High-Yielding Stocks?
9% Yield, No K-1, Strong Coverage
Posted by D4L | Monday, September 28, 2020 | ArticleLinks | 0 comments »- Don't Touch These 3 Dividend Stocks!
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.