5 Best Railroad Stocks that Pay Dividends

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1. USD Partners LP (NYSE:USDP)

Dividend Yield as of August 18: 9.65%

USD Partners LP (NYSE:USDP) develops and operates energy-related rail terminals and other midstream infrastructure assets. On August 1, the company declared a quarterly dividend of $0.1235 per share, with a dividend yield of 9.65%.

In Q2 2022, USD Partners LP (NYSE:USDP) reported a net income of $3.8 million, and its revenue for the quarter came in at $33.7 million. The company’s net cash provided by operating activities stood at $6.2 million, with a distributable cash flow of $10.2 million. Its cash position also remained stable, with $4.3 available in cash and cash equivalents at the end of the quarter.

At the end of Q2 2022, EJF Capital was the company’s only stakeholder, with stakes worth $130 million.

You can also take a look at 10 Best Paper Stocks To Buy Now and 10 Best Long-Term Stocks to Buy Now

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