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
-
Here's an eye-opening statistic: older Americans are more afraid of running out of money than of death itself. And unfortunately, even r...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Master limited partnerships (MLPs) have fallen out of favor with investors in recent years, thanks to a combination of continued turbulence ...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. In other words, the dividends a...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
This article deals with a sensitive subject - prisons, more precisely, US prisons. Regardless of which side of the argument one takes, sadly...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.