Great earnings once again.. Another drop down coming soon and 2 more possibly in the works... Printing money! I expect once all the ships have been purchased and producing we will see at least 10% dividend increase... My prediction $26 stock before 2018!
I expect once the 2 latest drop downs are securely padding the coffers we will see a 10% dividend increase... Id like 2.28 and share sometime in 2017!! Easy money.
Added to my position again yesterday. I've been adding all the way up from the grave and now have a current cost average of $16.65 (and I just added more at $22.85). The reality is there are very few places one can find relatively safe high yield in this market and KNOP, DLNG and DLNG/PRA are three havens in my opinion. With the market getting richly valued, investments like KNOP delivering a 9% yield with a TTM P/E of 10x and forward of 11.5x are going to continue to be discovered driving the price higher and higher as has been the case for months now. Offshore oil rigs pump for years and years... Offshore oil isn't like fracking shale formations - when an oil deposit is tapped under the seabed it produces for decades. The cost of exploration was made, the cost of the rig has been made and now it makes no difference if oil is $20/BBL or $100/BB - the rig has to produce all it can and the shuttle tankers have to haul all that is produced.
Is KNOP undervalued? This sort of setup suggests potential upside... Not sure how awesomestock-s finds all these incredible trade ideas but im happy.
This stock has been a rocket ship. It will head to $30 especially if oil prices rally. Being an ocean pipeline tanker it is not affected by oil prices though it was treated that way when the oil prices dropped. Great contracts for 5 to 10 years with the best oil companies. 100% utilization and the dividend should increase again in 2017. Still a great buy.
On this page, click on historical data, then click on historical prices, then dividends only. And you will see the answer is quarterly.
Do they pay Dividends quartarlly or just annully?
Great earning report. Company is performing very well. Dividend appears very safe with 1.25 coverage. Next stop 20$. It is my biggest holding. I even added more today.
Do they issue a 1099 or K-1 for the tax year?
how will brexit affect KNOP?. annual meeting is in GB so how much income is coming into knop in pounds? something to wonder about as we collect 11-12% dist.
12% = time to start adding. There's obviously no rhyme or reason for this to be down, and I've been looking for an opportunity to add, either this falls back, or my other tankers rise to match yields. The latter is not quite the case, but I can always lighten up later in DLNG, GMLP and NAP. But now's the time to start buying this, and keep buying it if it goes down.
Another Great Quarter KNOP!. Congrats on another fine quarter of operations and results. Management has their act together no doubt about it! Long and happy to be part of a company that does what it says it will do! Thanks!
Tiny "Market Cap", Profitable, Huge Dividends.. Ready to be discovered.