Two High Quality 8-9% Yielding Stocks Worth Considering

mysticenergy For the March quarter, Black Stone Minerals beat estimates nicely, with EBITDA of $104 million (vs$93 million Street estimates). The company earned Distributable Cash Flow (DCF) of $0.46 per share. That was down from$0.59 in the fourth quarter of 2023. The company cut the distribution by 22%, but we generally knew that between 1) lower natural gas prices and 2) some expiring gas hedges, that earnings and the distribution would fall. With coverage now at 1.22x and a 9% yield, we continue to li ...