Blackstone Group LP (NYSE:BX) is one of the market’s rare winners this year, with a modest 0.3% return since Jan. 1. On top of that, Blackstone stock’s total return is even more attractive when you factor in its juicy 8.2% dividend yield. So what makes BX stock such a strong bet? If you’re unfamiliar, the Blackstone Group is a global asset management company. In addition to offering mutual funds and hedge fund services, BX has a very successful private-equity arm that snaps up value plays and squeezes cash out of them at a steady rate.
Some of the investments in the Blackstone portfolio include a stake in footwear company Crocs (CROX) and a big part of natural gas master limited partnership Cheniere Energy (LNG). Most recently, Blackstone made a major acquisition of BioMed Realty Trust (BMR), a company specializing in laboratory and medical office space, for over $4.8 billion. So when you add up the big dividend and the big deal-making potential, it seems that Blackstone is one of the safest bets out there for long-term investors.
Source: InvestorPlace
Related Articles:
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
- 12 Under-Valued Dividend Stocks
- Successful Investors Take The Emotion Out
- 7 Higher Yield Dividend Growth Stocks
This 8%-Plus Dividend Payer Is Just Killing It
Posted by D4L | Saturday, October 31, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
This stock yields 7.07% and pays monthly. It's selling at a -6.4% discount to NAV - much deeper than its three- and five-year average di...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.