Dividends4Life: Dividend Stock Yields 19%, Way Below Book Value, Major Growth

Feel like going fishing? With dividend stocks getting red hot in this rally, we went bottom fishing for some worthy candidates which may have been overlooked. This stock yields over 19% and has a new 80% dividend payout policy. Industry tailwinds have created 49% revenue growth and four-digit EPS growth. It's selling at a good discount to book value, and is just 3% above its 52-week lows.

Feel like going fishing? With dividend stocks getting red hot in this rally, we went bottom fishing for some worthy candidates which may have been overlooked. But this seems like an oversight at best. Over the past five quarters, EURN has put up huge numbers, thanks to booming spot rates brought on by increasing demand for oil and vessels to carry or ship it. In addition, the company started paying dividends. Like many European companies, EURN pays two semi-annual dividends; one, in May, is its final dividend, and the other, in September, is its interim dividend.

Source: Seeking Alpha

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