3 High-Yield Dividend Stocks to Buy (KRP:NYE) (VNOM:NSD) (BSM:NYE)

STA Research
by: STA Research

3 High-Yield Dividend Stocks to Buy

The main reason why people invest in stocks and shares is to make profits and generate additional income, and build enough wealth to retire comfortably. There are two methods taken for this purpose: investing in Growth stocks or Dividend stocks.

Dividend stocks are usually paid every quarter, and a percentage of the profit is shared with the shareholder. The percentage ranges from less than 1% to more than 10% depending on every company’s policies.

Dividend stocks are a great asset to have in an investor’s portfolio as it generates steady income from it.

Investing in some minerals stocks will get the benefits of growth stocks and Dividend stocks both. All three of these stocks are giving back a dividend share of more than 6% and showed a remarkable performance last year.

Kimbell Royalty Partners (KRP:NYE)

Kimbell Royalty Partners, LP acquires and owns mineral and royalty interests in oil and natural gas properties in the United States through its subsidiaries. It had mineral and royalty interests in approximately 11.4 million gross acres, as well as overriding royalty interests in approximately 4.7 million gross acres, as of December 31, 2021. The company’s mineral and royalties holdings are spread throughout 28 states, with ownership in about 122,000 gross wells, including 46,000 in the Permian Basin. It acts as the company’s general partner. The company is based in Fort Worth, Texas, and was launched in 2013.

According to 3 analysts’ Kimbell Royalty Partners stock price estimates, the average analyst target price for Kimbell Royalty Partners LP over the next 12 months is USD 18.80. The average analyst recommendation for Kimbell Royalty Partners LP is Strong Buy. Kimbell Royalty Partners LP’s stock analysis by Stock Target Advisor is Slightly Bearish, with 6 positive signs and 9 negative signals. Kimbell Royalty Partners LP’s stock price was USD 17.30 at the latest close. The stock price of Kimbell Royalty Partners LP has moved by +7.39% in the last week, +10.83 percent in the last month, and +64.76 percent in the last year.

Kimbell’s high revenue and income numbers have translated into a large dividend for shareholders. The corporation has a long-standing strategy of distributing 75 percent of available cash to shareholders in the form of dividends; the most recent declaration, on January 28, for 1Q22, was 37 cents per common share, yielding 8.5 percent.

Currently, the graph shows that Kimbell royalty partners’ stock price has a 12.57% dividend return and 77.33% total return.

Viper Energy Partners (VNOM:NSD)

Viper Energy Partners LP is a private equity firm that invests in, acquires, and develops oil and gas resources in North America. It has mining interests in 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale as of December 31, 2021, with estimated proved oil and natural gas reserves of 127,888 million barrels of crude oil equivalent. The general partner of the corporation is Viper Energy Partners GP LLC. The company is situated in Midland, Texas, and was launched in 2013. Diamondback Energy, Inc. owns Viper Energy Partners LP, which is a subsidiary of the company.

The average analyst target price for Viper Energy Partners LP over the next 12 months is USD 31.17, based on 6 analysts’ Viper Energy Partners LP stock forecasts. The average analyst recommendation for Viper Energy Partners LP is Strong Buy. Viper Energy Partners LP’s stock analysis by Stock Target Advisor is Bullish, with 11 positive signs and 4 negative signals. The stock price of Viper Energy Partners LP was USD 31.51 at the latest close. The stock price of Viper Energy Partners LP has moved by +6.60 percent in the last week, +10.60 percent in the last month, and +101.73 percent in the last year.

Viper Energy Partners’ growth stock metrics are all positive. They have seen high and steady gains in revenues, earnings, and dividends which resulted in an impressive 115% gain since last year.

In the fourth quarter of 2021, Viper reported revenue of $163.9 million, up for the sixth quarter in a row; net earnings of 36 cents per share, also up for the sixth quarter in a row; and, finally, the company declared a common share dividend of 47 cents earlier this month, marking the sixth consecutive quarter of sequential increases.

It yields 6% and annualizes to $1.88 per common share. The dividend is currently 24% higher from the previous quarter and represents a 70% return of available cash to owners.

Black Stone Minerals L.P (BSM:NYE)

Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests through its subsidiaries. It has mineral interests in 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres across 41 states in the US. The company had total estimated proven oil and natural gas reserves of 59,824 barrels of oil equivalent as of December 31, 2021. Black Stone Minerals, L.P., situated in Houston, Texas, was founded in 1876.

According to 2 analysts’ Black Stone Minerals L.P stock estimates, the average analyst target price for Black Stone Minerals L.P over the next 12 months is USD 13.75. The average analyst recommendation for Black Stone Minerals L.P is Buy. Black Stone Minerals L.P’s stock analysis by Stock Target Advisor is Neutral, with 6 positive signs and 6 negative signals. The stock price of Black Stone Minerals L.P was USD 13.45 at the latest close. The stock price of Black Stone Minerals L.P has changed by +11.43 percent in the last week, +11.16 percent in the last month, and +51.98 percent in the last year.

The company’s share growth is up by 62% since the previous year. The dividend share has given a yield of 8% in the first quarter of 2022. The dividend return has a positive 10.68% with a total return on 62.66%.

 

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