The annualized payment is up from $1.07 per partnership unit then to a current pace of $4.04 per share. Andeavor - an oddity among these small-cap dividend stocks to buy in that it is a limited partnership - doles out a dividend-like distribution that has expanded every year since 2012. The company has an unusually steady revenue profile to verify it can stand up to the energy market's down-cycles.Д®ven more impressive is its payout history. But pipeline owners are paid by the barrel or cubic foot transported, so as long as the world is burning oil and gas, Andeavor Logistics will be in demand. It wouldn't be entirely accurate to say that serving as a middleman of sorts completely shields a company from the ebbs and flows of oil prices. It also owns enough storage capacity to park up to 47 million barrels of someone else's oil that's waiting to be sold or delivered. It operates almost 1,500 miles worth of pipeline with more than 60 different terminals. There's a narrow sliver of the sector that's still relatively easy to own, however, which encompasses a small company called Andeavor Logistics LP ( ANDX, $35.74).ДЄndeavor (formerly Tesoro) is considered a midstream company, meaning it transports oil and gas from one place to another, connecting refiners and their final customers. Although the 2014 meltdown is well in the rearview mirror, the industry still is handling the repercussions of oversupply. The oil and gas sector has been torturous to investors for the past several years. SEE ALSO: 13 Super-Safe Dividend Stocks to Buy Now Andeavor Logistics LP That said, ABM Industries is beefing up that dividend at a much faster pace than companies with similar risk-reward profiles.

The current yield of 1.8% is modest compared to other small-cap dividend stocks, but right around the market average. That improvement in income has come alongside similarly reliable revenue and income growth. That small piece of the market translates into an opportunity for growth, however, as scale even leads to greater cost-efficiency even with the often-ignored industry.ДЄBM Industries' dividend has grown reliably over the past decade 2008's total full-year payout of 41 cents per share has improved to 72 cents over the past four quarters. ABM is one of the biggest names in the business when excluding real estate investment trusts (REITs, which own the properties they manage), and it still secured just $6.5 billion in revenues over the past four reported quarters.

Micro cap stocks with dividends