If you’re looking for big yields, one area of the market provides a rich hunting ground: turnarounds. Regular readers have heard us mention these before. Turnarounds involve buying companies that have fallen on hard times, identifying the problem, and working a plan to reengage the business. Of course, these issues come with more risk. But for those that call it right, you can lock in oversized yields. Not to mention that turnarounds often result in tidy capital gains.
Case in point today is Sunoco LP (NYSE:SUN), which yields almost 11%. Sunoco operates two businesses. On the wholesale side, the partnership delivers gasoline to some 8,000 or so stations across the country. The retail side, on the other hand, owns and operates gas stations, as well as the accompanying convenience stores. Over the past few years, management has spent billions of dollars on acquisitions. While these deals grew the size and scale of operations, it also left a big debt load. Analysts downgraded shares, worried that executives might have to slash the distribution.
Source: Income Investors
Related Articles:
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
- 3 Stocks Increasing Dividends Like A Champion
- The Next Great Company
Limited Time to Lock In This 11% Yield
Posted by D4L | Monday, November 13, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.