If you live in New England, you're probably sick of dealing with snow and ice by now... but wait, there's a chance for monetary revenge... This week's focus stock profits handsomely from doing business in very harsh, Arctic conditions -- it's the only company that has the specialized ice vessels needed to travel to Asia via the Northern Sea Route, a route that is 40% shorter than southerly ones. Its vessels are 100% utilized, on long-term contracts, due to ongoing strong demand for this specialized service. Like most of the stocks in our articles, this is a high dividend stock -- it currently yields over 8%.
Our High Dividend Stocks By Sector Tables have tracked Dynagas LNG Partners LP, (NYSE:DLNG), since mid-2014 -- (it's in the Energy section). Profile: Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry. Its fleet consists of 5 LNG carriers, each of which has carrying capacity of approximately 150,000 cubic meters operating under multi-year charters with BG Group and Gazprom. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company had its IPO in November 2013, and is headquartered in Athens, Greece. DLNG went public in November 2013:
Source: Seeking Alpha
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This Undervalued Niche High Dividend Stock Yields 8% And Just Reported 40% Distributable Cash Flow Growth
Posted by D4L | Saturday, March 21, 2015 | ArticleLinks | 0 comments »________________________________________________________________
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