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home / news releases / CNXM - 11% Yield 15% Distribution Growth Through 2020 18 Straight Hikes: CNX Midstream Partners


CNXM - 11% Yield 15% Distribution Growth Through 2020 18 Straight Hikes: CNX Midstream Partners

Looking for dividend/distribution growth in the high-yield space? The management at CNX Midstream Partners LP (CNXM) continues to commit to 15% distribution growth through 2023:

"We are reaffirming our 15% annual distribution growth as the target through 2023." (Source: Q3 '19 earnings call)

They've continued to deliver on their 15% growth target over the most recent four quarters, thanks to a large 42.67% growth in distributable cash flow - DCF. Management also has kept the unit count flat, which also has helped:

Performance:

However, in spite of this, CNXM has underperformed the

Read more ...

Stock Information

Company Name: CNX Midstream Partners LP representing limited partner interests
Stock Symbol: CNXM
Market: NYSE
Website: cnxmidstream.com

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