USDP - USD Partners: Grab 3 More Distribution Hikes For 2022 For A No-Stress Near 9% Yield

• USD Partners put their distributions back into growth mode during 2021 and have forecast this to continue throughout 2022.
• Although somewhat disappointingly, management is remaining conservative with their slow pace of distribution growth.
• When looking elsewhere, 2021 saw their usual steady cash flow performance continue with 2022 also appearing positive.
• At least their slow pace of distribution growth should see their leverage continue to decrease, although this is not necessarily required with only moderate leverage and strong liquidity.
• Since they stand to provide a no-stress high distribution yield of near 9% for 2022 and were recently added to my personal portfolio, I will be upgrading my rating to a strong buy.

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