Teekay Offshore Partners L.P. (TOO) is the largest owner in the shuttle tanker market with 33 shuttle tankers and one newbuilds on order. Through this, the company owns more than 50% of the world's shuttle tanker fleet based on total tonnage.
Besides the shuttle tankers, Teekay also has 5 FPSOs, 6 FSOs and 4 conventional tankers. This article looks into the reasons for believing why the high dividend yield will sustain and why the company�� outlook is bright for the long-term.
Strong Revenue Visibility
As at December 31, 2013, minimum scheduled future revenues under time charters and bareboat charters was $3.6 billion. This provides Teekay Offshore with four year revenue visibility based on FY2013 revenue of $931 million.
As the cash inflow remains steady and grows through the acquisition of new vessels, the dividend is expected to remain robust. For the first quarter of 2014, Teekay Offshore generated a distributable cash flow of $51.1 million, which translates into a cash distribution of $0.5384 per unit of the LP.
Best Insurance Companies To Watch In Right Now: Jones Soda Co.(JSDA)
Jones Soda Co., together with its subsidiaries, develops, produces, markets, distributes, and licenses premium beverages primarily in the United States and Canada. The company provides Jones Soda, a carbonated soft drink; Jones Zilch, a zero calories product in black cherry, pomegranate, and vanilla bean flavors; WhoopAss Energy Drink, an energy supplement drink; and WhoopAss Zero Energy Drink, an energy supplement drink with zero sugar. It also offers various products, including soda with customized labels, wearables, candy, and other items online. The company sells and distributes its products through its network of independent distributors and national retail accounts. Jones Soda Co. was founded in 1986 and is based in Seattle, Washington.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Mark Lennihan/AP PepsiCo (PEP) thinks that protein drinks and low-calorie sparkling beverages to counter the slow growth of the U.S. carbonated beverage industry. "Expect to see from us an interesting number of mid- to low-calorie sparkling beverage platforms," in 2015 said Simon Lowden, Pepsi's chief marketing officer of Pepsi Beverages North America, in an interview with TheStreet. Lowden said that "Tropicana will see news around sparkling juices and waters," while "you will see protein as an ingredient come in across more and more beverages." Protein could be added to Gatorade, which will come out with more energy chews and bars. Year-to-date volume for Gatorade sports drinks have increased by a mid-single digit percentage. Coconut water, an industry that ballooned to $400 million in U.S. sales last year, according to research firm Euromonitor, is being targeted in a larger way by Pepsi aside from it leveraging its majority stake in O.N.E. coconut water. O.N.E was third in terms of 2013 annual sales in the coconut water category, behind the privately held Vita Coco and Zico, which is owned by Coca-Cola (KO). "You will see more news from us on coconut water next year as an ingredient across brands like Mountain Dew," said Lowden. A Focus on Health The healthy theme that underlies Pepsi's innovation push next year, and also recently at Coca-Cola with its Life product that has 35 percent fewer calories than a typical cola, is meant to counteract demand shifts in the carbonated soda industry. "In the last 18 months, the conversation in the U.S. has gone from 'How many calories am I taking in?' to 'Is it artificial?' " Pepsi has jumped ahead of Coca-Cola in the race to reignite consumer interest in soda by entering the emerging craft soda industry with its new brand Caleb's Kola. The naturally sweetened soda in a brown glass bottle is named after Pepsi's founder, Caleb Bradham. Available at Costco (COST) locations in Maryland, New York, Virginia and Wa
- [By John Udovich]
Monster Beverage Corp (NASDAQ: MNST), a mid cap marketer and distributor of energy drinks and alternative beverages, has been a monster of a performer since the end of the financial crisis as the stock is up around 308% over the past five years, but could new or overlooked players like small cap beverage stocks�Jones Soda Co (OTCMKTS: JSDA), Celsius Holdings, Inc (OTCMKTS: CELH) and Konared Corp (OTCBB: KRED) repeat that performance? A look strictly at the long term performance of all three small caps might have you thinking otherwise. After all, none of these small cap beverage stocks are profitable while�the beverage industry can be a long hard expensive slog just to increase market share by one or two points when you are competing for shelf space with industry giants like Pepsi and Coke. But past performance is just that���the past and only part of the story as there is much more to consider about these small cap beverage stocks which could also make them potential acquisition targets by larger beverage players seeking to expand their product line up with innovative products:
Top 5 High Dividend Companies For 2014: CYS Investments Inc (CYS)
CYS Investments, Inc. is a specialty finance company created with the objective of achieving consistent risk-adjusted investment income. The Company invests in Agency residential mortgage-backed securities (RMBS) collateralized by fixed rate single-family residential mortgage loans (typically 15, 20 or 30 years), adjustable-rate mortgage loans (ARMs), which typically have coupon rates that reset monthly, or hybrid ARMs, which typically have a coupon rate that is fixed for an initial period (typically three, five, seven or 10 years) and thereafter resets at regular intervals. In addition, its investment guidelines permit investments in collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS (CMOs), although the Company had not invested in any CMOs as of December 31, 2011.
The Company finances its Agency RMBS investments using a diversified approach involving repurchase agreements with multiple commercial and investment banks. Agency RMBS are residential mortgage pass-through securities, the principal and interest of which are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae). Its portfolio of Agency RMBS is backed by fixed rate mortgages and hybrid ARMs that typically have a fixed coupon for three, five or seven years, and then pay an adjustable coupon that generally resets annually over a predetermined interest rate index. As of December 31, 2011, its Agency RMBS portfolio consisted of 10 Year Fixed Rate, 15 Year Fixed Rate, 20 Year Fixed Rate, 30 Year Fixed Rate and Hybrid ARMs. On September 1, 2011, the Company acquired certain assets and entered into agreements to internalize its management (the Internalization).
Advisors' Opinion:- [By Dan Caplinger]
The big question for American Capital Agency will be whether its hedging program helps it avoid big losses. CYS Investments (NYSE: CYS ) reported a big loss last week, with its book value taking a large hit because of hedging practices that didn't work as well as CEO Kevin Grant would have liked. If its hedges work, then American Capital Agency earnings could give investors a nice surprise next week, forestalling any need for further dividend cuts -- at least for now.
Top 5 High Dividend Companies For 2014: Schweitzer-Mauduit International Inc.(SWM)
Schweitzer-Mauduit International, Inc. manufactures and sells paper and reconstituted tobacco products to the tobacco industry, as well as specialized paper products for use in various applications. It operates in two segments, Paper and Reconstituted Tobacco. The Paper segment primarily produces cigarette papers, such as lower ignition propensity papers, plug wrap papers, and base tipping papers to cigarette manufacturers that use to wrap various parts of a cigarette. It also offers commercial and industrial products, including lightweight printing and writing papers, battery separator papers, drinking straw wraps, filter papers, and other specialized papers to converters and other end-users or brokers. The Reconstituted Tobacco segment produces and sells reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers. The company sells its products directly to customers in approximately 90 countries. Schweitzer-Mauduit International, Inc. was founded in 1995 and is headquartered in Alpharetta, Georgia.
Advisors' Opinion:- [By Tannor Pilatzke]
Schweitzer-Mauduit, Cigarette Paper Manufacturer (SWM) ��1995 Spin-off
This is the big winner of the portfolio of spin-offs and logically makes the most sense. The price has increased by around 500% since 1995, not including dividends. The Company manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products for use in other applications. The primary products in the group include cigarette, plug wrap and tipping papers, or Cigarette Papers, used to wrap various parts of a cigarette and reconstituted tobacco leaf, or RTL, which is used as a blend with virgin tobacco in cigarettes, reconstituted tobacco wrappers and binders for cigars. These products are sold directly to the tobacco companies or their designated converters in the Americas, Europe, Asia and elsewhere. Non-tobacco products are a diverse mix of products that includes low volume, high-value engineered papers as well as commodity paper grades produced to maximize machine utilization.
- [By Marc Bastow]
Specialty paper manufacturer and distributor Schweitzer-Mauduit (SWM) raised its quarterly dividend 20% to 36 cents per share, payable on Dec. 26 to shareholders of record as of Nov. 27.
SWM Dividend Yield: 2.78%
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Schweitzer-Mauduit International (NYSE: SWM ) , whose recent revenue and earnings are plotted below.
Top 5 High Dividend Companies For 2014: PRGX Global Inc.(PRGX)
PRGX Global, Inc., together with its subsidiaries, provides recovery audit, healthcare claims recovery audit, and analytics and advisory services. The company?s recovery audit services are based on the mining and auditing of clients? purchasing data for overpayments to suppliers; and healthcare claims recovery audit services consist of identification of overpayments and underpayments made to healthcare providers, such as hospitals and physicians? practices. Its analytics and advisory services focuses on client functional and process areas and provides services to senior finance executives to optimize working capital, reduce enterprise costs, transform the finance function, and enhance corporate performance. The company serves retailers, such as discount, department, specialty, grocery, and drug stores; business enterprises, including manufacturers, financial services firms, and pharmaceutical companies; private sector health insurance companies, and state and federal go vernment payers consisting of the centers for Medicare and Medicaid Services; and federal and state government agencies. It has operations in the United States, Canada, rest of Latin America, Europe, Asia, and rest of the Pacific region. The company was formerly known as PRG-Schultz International, Inc. and changed its name to PRGX Global, Inc. in January 2010. PRGX Global, Inc. was founded in 1990 and is based in Atlanta, Georgia.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on PRGX Global (Nasdaq: PRGX ) , whose recent revenue and earnings are plotted below.
No comments:
Post a Comment