In some cases oil stocks can pay very high yielding dividends. This allows investors to potentially profit two different ways. First, with the dividend and second with capital appreciation if the stock heads higher. Because of the oil glut and subsequent crude oil crash over the last year many dividend paying oil stocks have been sold in anticipation that the company would cut the payout and even go bankrupt. Now that oil has bounced to $45 a barrel, some of these companies are looking attractive again and the yield they pay is very tempting.
The stocks below are all Zacks Ranked #1 or #2 and pay a dividend of over 10%: DHT Holdings Inc (DHT) is a Zacks Rank #1 (Strong Buy) that is engaged in the refining of petroleum primarily in the United States. The Bermuda based company has a fleet that consists of 20 oil tankers including 17 very large crude carriers. Vanguard Natural Resources, LLC (VNR) is a Zacks Rank #1 (Strong Buy) that is an independent natural gas and oil company, focused on the acquisition, exploitation and development of natural gas and oil properties. Transocean Partners LLC (RIGP) is a Zacks Rank #1 (Strong Buy) that operates and acquires modern, technologically advanced offshore drilling rigs.
Source: InvestorPlace
Related Articles:
- 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
- 5 Exceptional Dividend Growth Stocks With Quality Financials
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic. There are still a few ...
-
With how fast the economy is booming, though, just buying stodgy companies might not hold much appeal. That’s why it’s worth taking a look a...
-
In this article we discuss the 5 best dividend stocks to buy according to Stan Druckenmiller. If you want to read our detailed analysis of D...
-
We're all going to need money in retirement, and one good way to build a fat portfolio for your future is to fill it with companies that...
-
The four dividend-paying health care investments to buy offer strong potential to profit from the ongoing economic reopening that will favor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.