GPP - What To Make Of Green Plains Partners' Juicy 14% Dividend Yield
2023-04-09 01:22:48 ET
Summary
- Green Plains Partners is a midstream company operating in the ethanol industry. The company owns the storage assets of its parent company GPRE.
- The company has a juicy 14% dividend yield, which is safe under normal circumstances, thanks to steady ethanol volumes, very low CapEx requirements, and a healthy balance sheet.
- As long as investors incorporate recession-related risks, GPP could add significant income to one's portfolio.
For further details see:
What To Make Of Green Plains Partners' Juicy 14% Dividend Yield