A stock that has a dividend yield in the double digits can be incredibly tempting to an investor. The problem with dividend stocks is that so many of those high yields are eventually cut because the businesses can't continue to support the payout. That isn't always the case, though. Some companies have monstrously high yields that aren't at much risk of being cut. So we asked three of our energy contributors to highlight a stock with a double-digit yield that has the fundamental strength to keep paying its investors. Here's what they had to say...
Williams Partners (NYSE:WPZ) will remain an independent entity. That means its parent won't snap up its yield of slightly more than 10%. Instead, under the new corporate arrangement there's quite a bit of potential for Williams Partners investors to see that distribution head even higher in the future. The last place you'd probably expect to find a company with a double-digit yield that can actually hold up is in the coal sector, but surprisingly there's one company in this beaten-down sector that looks to have the legs to maintain its payouts: Alliance Resource Partners (NASDAQ:ARLP). Much of the energy sector has struggled over the past year over plummeting oil and gas prices. This climate has also had some impact on ONEOK Partners (NYSE: OKS), the master limited partnership run by ONEOK.
Source: Motley Fool
Related Articles:
- 5 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 7 High-Yield REITs With Growing Dividends
- 26 Income Securities For A Well-Rounded Asset Allocation
- International Diversification May Be Closer than You Think
- 10 Small/Mid-Cap Dividend Growth Stocks Answering The Call
3 Double-Digit Dividend Stocks With Staying Power
Posted by D4L | Sunday, January 03, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
Chasing growth is usually the right move for younger investors, but it can be a risky strategy for retirees. Generally speaking, retirees sh...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...

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