Dividendology 对 $MPLX 的判断变化
MPLX 24.5，
MPLX 24.5,
MPLX 收益率约为 7.3%，
MPLX yielding around 7.3,
而且 MPLX 刚刚经历了惊人的增长。过去一年大约增长了 12.5%，管理层预计这一增长率还将持续大约一两年。作为一只已经高收益的 MLP，他们能实现这样的成绩确实令人印象深刻。
And MPLX has just seen ridiculous growth. Over the last year it's about 12.5% and management is guiding towards that growth rate for around another year or two. It's really impressive what they're able to pull off as an already high-yielding MLP.
然后我在高收益领域最近的一次加仓是MPLX，我今年才加入，现在已经上涨了25.38%。现在，当你分析高收益领域时，你必须小心，因为我们分析许多另类高收益资产类别的方式有点独特。
就MPLX而言，这不是MLP。所以，我们自然需要看他们每股产生的可分配现金流相对于他们派发的股息有多少。我们可以看到，每股可分配现金流轻松覆盖了这些股息支付。而真正令人印象深刻的是，他们刚刚发布了最新季度的财报，管理层预计未来几年股息增长将达到12.5%。
所以，我们说的是一个目前收益率超过7%的持仓，而且未来几年还将实现两位数的股息增长。这是收益率和股息增长的绝佳组合。
And then my most recent addition in the high yield space was MPLX, which I added it just this year and I'm already up 25.38%. Now, when you're analyzing the high yield space, you have to be careful because the way we analyze a lot of alternative high yield asset classes is a little bit unique. And in the case of MPLX, this isn't MLP. So, naturally we need to look at how much distributable cash flow per share they're producing relative to how much they're generating in dividends. And what we can see is distributable cash flow per share is easily covering those dividend payments. And here's what's really impressive. They just released their latest quarter's earnings report, and management is guiding towards 12.5% dividend growth over the next couple of years. So, we're talking about a position that's yielding over 7% as of right now, and it's going to see double-digit dividend growth over the next couple of years. That's an incredible combination of yield as well as dividend growth.