Dividend Investors Take Note! 7%-Yielding Antero Midstream Is One Of My Favorites For 2024

Summary

  • Antero Midstream is a high-yielding stock with a 7% yield and a total return of over 26% since May.
  • The company operates in the energy infrastructure sector and benefits from long-term, fixed-fee contracts.
  • Antero Midstream has the potential for dividend growth in 2024 and is undervalued, with a fair long-term value close to $20.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT® on Alpha. Learn More »

Growing bar graph from US dollar banknotes

DavidLeshem

Introduction

On December 15, I wrote an article titled "Betting Big: Fed Mayhem And My Personal Picks For 2024." As the title suggests, in that article, I discussed the recent decision of the Fed to hint at a

Test Drive iREIT© on Alpha For FREE (for 2 Weeks)

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial.

And this offer includes a 2-Week FREE TRIAL plus Brad Thomas' FREE book.

This article was written by

42.89K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About AM Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on AM

Related Stocks

SymbolLast Price% Chg
AM
--