Traffic is lower for the railroad industry. This company's comparables are looking better than those of the industry as a whole. The company offers a strong 2.7 percent dividend yield. By utilizing an option strategy, this yield can be more than doubled.
CSX (NASDAQ:CSX) is one of the US's biggest railroad companies, and the company offers strong income potential for investors. By using option strategies, investors can increase their income stream derived from CSX. With a market capitalization of $25 billion, CSX is the second-biggest publicly traded US railroad (after Union Pacific (NYSE:UNP), which has a market capitalization of $69 billion). CSX and Union Pacific are not direct competitors though - CSX serves the Eastern US (Coast to Chicago / St. Louis / Memphis / New Orleans), whereas Union Pacific's tracks are headed from these cities toward the West Coast of the US.
Source: Seeking Alpha
Related Articles:
- 12 Under-Valued Dividend Stocks
- Successful Investors Take The Emotion Out
- 7 Higher Yield Dividend Growth Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
- A Winning Investment Strategy
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.