- Fuel prices are high and this means good times for fuel distribution and independent fuel convenience stores that sell gasoline.
- Global Partners is such a business and it has an 8.7% dividend yield currently.
- The question is whether this dividend yield is sustainable and will it last long enough to prove good investment outcomes?
- I suggest that the electrification of transport is well underway and this means the end of the internal combustion engine, and that means pumping gas.
- The question for dividend investors is whether the change is going to be slow enough for them to enjoy the benefit of current high dividends. I'm sceptical.
For further details see:
Your Global Partners Dividend Investment May Not Be As Safe As You Think