Dividend Stock Yields 9%, 9 Straight Dividend Hikes, Big Growth, Insiders Buying

Looking for high dividend stocks with strong growth? In the past few months, our articles have covered companies which are transitioning from lower-margin business segments or structures into more profitable business models. This stock yields 9.45% and has raised its quarterly distribution nine straight times. Distributable cash flow has grown by over 75%, and EBITDA has grown by over 50% in the past four quarters. Insiders have been buying shares over the past year, and just loaded up on more shares in May and June.

Formed in 2012, CrossAmerica Partners (NYSE:CAPL) is a publicly traded master limited partnership that is engaged in the wholesale distribution of motor fuels, consisting of gasoline and diesel fuel, and owns and leases real estate used in the retail distribution of motor fuels, with outlets in 29 states. CAPL is one of Exxon Mobil's (NYSE:XOM) largest distributors by fuel volume in the United States and in the top 10 for additional brands. (Source: CAPL site)

Source: Seeking Alpha

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