How would you like to buy a nice, boring high dividend stock? One that isn't even listed on some of the financial websites? Well, maybe it's not so boring after all, if investing in very well-covered, growing distributions floats your boat. This stock yields 9.4%, and has raised its distributions for 6 straight quarters. It has increased distribution coverage for 3 straight quarters, and had record distribution coverage of 1.5x in Q4 2015. 3 insiders bought this stock in February.
Ciner Resources LP, (NYSE:CINR), is a subsidiary of Atlanta-based Ciner Chemical Corporation, which operates the trona ore mining and soda ash production business of Ciner Wyoming LLC. Ciner Wyoming is one of the largest and lowest cost producers of natural soda ash in the world, serving a global market from its facility in the Green River Basin of Wyoming. The facility has been in operation for more than 50 years, but CINR IPO'd in September 2013.
Source: Seeking Alpha
Related Articles:
- 7 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
- 10 Dividend Stocks Building A Growing Cash Stream
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
High Dividend Stock Yields 9%, Has 6 Straight Dividend Hikes, Insiders Are Buying
Posted by D4L | Friday, April 01, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
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...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
When many investors think about tech stocks, they often think first about high-growth names that come with outsized risk -- not mature, divi...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.