In our quest to find good dividend stocks yielding 5% or more, two promising candidates fell just below the cutoff. One is a foreign drugmaker, and the other is a master limited partnership, or MLP, focused on shipping liquefied natural gas. Both deserve the attention of income investors due to their attractive dividends and solid business prospects. Some cautionary notes: Foreign stocks pose currency risk related to their markets in Europe or elsewhere. MLPs tend to be sensitive to interest rates and could slump if rates climb sharply. Also, MLPs issue complex K-1 forms, rather than standard 1099s, so they can be a headache come tax time. Consult a tax planner before investing.
British drugmaker AstraZeneca (symbol AZN, $29.85) is muddling through what CEO Pascal Soriot calls a “transitional period.” Sales of its two top-selling products—heartburn medicine Nexium and cholesterol drug Crestor—are starting to face competition from cheaper generic versions. Yet Astra’s product line is expanding with several promising drugs. With natural gas production thriving in the U.S, Australia and other regions, energy companies are building plants to process the gas into liquids. Teekay LNG Partners (TGP, $11.42) ships liquified natural gas to energy-hungry countries in Asia, Latin America and other parts of the world. And the business is likely to thrive as gas production and global demand for the energy product expands.
Source: Kiplinger
Related Articles:
- 8 Select High-Yield S&P 500 Dividend Stocks
- Your Greatest Wealth Building Asset
- Where To Find Great Dividend Stocks
- How To Manage Your Dividend Portfolio In A Downturn
- 5 Tech Stocks With A History of Growing Their Dividends
Good Dividend Stocks Yielding Over 4%
Posted by D4L | Wednesday, July 20, 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...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Company ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.