Black Stone Minerals (BSM) for High Yield - Oct 3

dan_s · Post by **dan_s** » Thu Oct 03, 2019 1:09 pm

I have posted the profile and forecast/valuation model for BSM to the EPG website.

1. BSM is being added to our High Yield Income Portfolio.
2. It has a VERY STRONG balance sheet.
3. It has a current yield of 10.7%, partially tax deferred.
4. This company has a STRONG COMMITMENT to increasing cash distributions year-over-year. Download the Excel forecast model and look at row 60 to see increasing dividends each year.
5. This is a BIG COMPANY with a market-cap over $4.1 Billion.

If your #1 goal is dividend growth + you'd like capital appreciation, then BSM is worth a look.