2 10%-Plus High Yielders With 15% To 28% Dividend Growth

We went looking for some high-yield vehicles with dividend growth and came up with these two companies - CNX Midstream Partners LP (CNXM) and SemGroup Corporation (SEMG).
They're both midstream companies, but their corporate structures differ - SEMG is a corporation, and issues a 1099 at tax time, whereas CNXM is an LP, and issues a K-1 at tax time.
CNXM was formerly known as CONE Midstream Partners LP and changed its name to CNX Midstream Partners LP in January 2018. CNX Midstream Partners LP was founded in 2014 and is based in Canonsburg, Pennsylvania.
Its assets include natural gas gathering pipelines and compression and dehydration facilities, as well as condensate gathering, collection, separation and stabilization facilities to service its customers’ production in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia.
SEMG was founded in 2000 and is headquartered in Tulsa, Oklahoma. It operates in three segments: U.S. liquids, U.S. gas and Canada. The Canada segment owns and operates natural gas processing and gathering facilities with approximately 530 miles of natural gas gathering and transportation pipelines in Alberta, Canada.
CNXM has averaged 14.73% in dividend growth in the past three years.
SEMG has a five-year average dividend growth rate of 28.85%, but the growth was higher in the 2013 - 2016 period, when it rose from $.60 to $1.80.
SEMG has a very high yield of 13.79% due to its poor price performance over the past... Read more