Looking for something new and unique in the high dividend stocks world? We're taking a break from the energy-related companies we've covered in our recent articles, and going for, in the words of Monty Python, "something completely different." This stock yields 11% and is the only one of its kind. Management expects to close an acquisition in April which will be immediately accretive to earnings. It has steady revenue and cash flow from long term contracts and industry tailwinds. Even though it's up over 30% in the past month, it's still 27% below analysts' mean price target.
Communications Sales & Leasing (NASDAQ:CSAL) is the only real estate investment trust, REIT, which engages in the acquisition and construction of infrastructure in the communications industry in the United States. It owns 3.5 million fiber strand miles, 235,000 route miles of copper, and other property across 29 states. The company is based in Little Rock, Arkansas. CSAL is an internally managed REIT with triple-net-leases. CSAL was spun off from Windstream Holdings (NASDAQ:WIN) in an April 2015 IPO.
Source: Seeking Alpha
Related Articles:
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
- Three Keys For Successful Dividend Growth Investing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If you are going down the dividend route, you may as well find stocks that are performing well, regardless of the dividend — stocks where th...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you invest for income, then dividend-paying stocks are likely to be a core component of your investment approach. The worst fear for inco...
-
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. However, once these...
-
If you are a devoted dividend aficionado, there are probably few thrills as exciting as seeing a dividend payment hit your brokerage account...
-
For retirees, buying and holding high-quality dividend stocks is arguably the best way to predictably create and sustain wealth. But investi...
-
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcom...
0 comments
Post a Comment
Post a Comment