GPRE - Green Plains Partners: A Quiet Year Ahead Luckily There's A Safe 12% Yield To Enjoy

• After significantly reducing their distributions during 2020, thankfully 2021 saw them lifted higher again with a very high 12% yield returning.
• Thanks to their steady cash flow performance that is underpinned by long-term minimum volume commitments, they should produce adequate free cash flow to cover this very high yield.
• When looking elsewhere, management has given no indications that any meaningful events are on the horizon during 2022, and thus it appears to be a quiet year ahead.
• Their financial position is now very healthy with very low leverage and strong liquidity, which helps support their distributions.
• Given the prospects to simply sit back and collect a very high double-digit yield, I still believe that maintaining my strong buy rating is appropriate.

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