This 9.6%-Yielder Takes the Next Step to Deliver High-Octane Growth

Earlier this year, PBF Logistics L.P. (NYSE: PBFX)announced a bold multiyear expansion strategy that would provide it with the fuel necessary to continue increasing its already generous distribution, which currently yields 9.6%. While the initial announcement was a bit light on the details, the company started filling them in this week by acquiring several growth-focused assets.

With that purchase, the company's vision to continue providing investors with a growing income stream became a bit clearer, making it an even more interesting option for income-seeking investors to consider.