APU Is Ranked 4th among MLPs in Terms of 3-Year Total Returns


Oct. 18 2017, Updated 11:36 a.m. ET

Total returns

AmeriGas Partners (APU), the US largest propane marketer, is in fourth place in terms of three-year total returns among MLPs. APU has returned 27.5% over the last three years despite the 6% decline in its stock price in 2017 year-to-date. 

Overall, APU’s price has risen just 0.1% over the last three years through October 13, 2017. APU’s strong total returns despite its weak market performance could be attributed to its robust distribution yield of 8.5%.

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Distribution growth and guidance

AmeriGas Partners declared a distribution of $0.95 per unit for 3Q17, which represents a 1.1% increase compared to 3Q16. For an in-depth analysis on propane MLPs, including their valuations and analysts’ recommendations, please read APU, FGP, SPH, and SGU: Analyzing Prospects for the Propane MLPs.

In the next article, we’ll look into total returns for Dominion Energy Midstream Partners (DM).


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