In the wake of oil's crash and subsequent dividend cuts by energy-related dividend paying stocks, our have profiled many stocks from other sectors.
However, this week we've returned to our old stomping grounds, the much-unloved Energy patch. This article will profile a stock, Hi-Crush Partners LP, (HCLP), which, unlike many energy-related companies, is actually increasing its distributions, which are well-covered, thanks to steady demand for its premium sand product, and long-term contracts. HCLP also enjoys regulatory and environmental moats, low cost production, and logistical advantages.
Dividends/Distributions: You can follow HCLP in the Basic Materials section of our .
HCLP just made its sixth consecutive distribution hike, to $.675, from the previous $.625, and paid out $2.40 for 2014, making good on its promise to deliver $2.30 to $2.50 in distributions in 2014.
HCLP has exceeded its target 1.20x distribution coverage, averaging a…