High Dividend Stock Yields 8%, Pays Monthly, 5 Straight Hikes, More Coming In 2017

Looking for dividend growth? How about monthly dividends? Here's a stock that offers you both. This stock yields 7.86%, pays monthly, with a strong 58% payout ratio. Mgt. raised the dividends every quarter in 2016 and in Q1 2017. Mgt. intends to raise dividends further in 2017.

Crius Energy Trust is an open-ended limited purpose trust, which trades on the Toronto Stock Exchange under the ticker KWH.UN, and on the US OTC market with the ticker CRIUF. The "F" on the end of CRIUF's code indicates that it is a fungible stock, which means investors can either trade it in the US or on its foreign exchange. CRIUF has an erratic daily trading volume, which varied from 500 up to 13,400 shares during the past month, however, we've never had issues getting orders filled, since KWH has ample volume - it traded over 168,000 shares today on the Toronto Exchange. CRIUF now owns 100% of Crius Energy LLC, which is the retailing/wholesaling part of the overall operation.

Source: Seeking Alpha

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