High-Dividend Stock Yields 12%, Industry Turnaround Just Starting

Looking for a niche high-dividend paying stock with steady payouts? This stock yields over 12% and has a good track record of paying steady distributions. Its distribution is supported by long-term contracts for a vital service. Demand and pricing have begun to pick up in its industry.

We've owned and covered USA Compression Partners, LP (NYSE:USAC) in past articles for quite a while now, and have stuck with it through the crude oil crash. This article will update the latest information for USAC. USAC provides natural gas compression services under term contracts with customers in the oil and gas industry in the United States. It engineers, designs, operates, services and repairs its compression units and maintains related support inventory and equipment. USAC focuses on providing compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities and transportation applications.

Source: Seeking Alpha

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