This stock was steady during the recent Brexit pullback and has a built-in upside future gain. It has distribution coverage of over 14x and had record distributable cash flow in Q1 2016. It had 20% revenue growth, 25% EBITDA growth, and 26% DCF growth in Q1 2016. Did the recent Brexit pullback and volatility give you the willies? Many dividend stocks, particularly financials, fell by double digits between 6/24/16 and 6/27/16 in the most volatile sessions since early February. But a few high dividend stocks that we've covered in recent articles barely budged. Notably, most of our favorite preferred stocks held firm. This makes more sense now than ever. Why? ...
Because there's now very little chance of the Fed raising rates in 2016 and preferreds can experience downward pressure when there are strong rate hike fears as they did in December 2014. We've written about Dynagas LNG Partners LP's (NYSE:DLNG) common units and its Preferred A shares (DLNG-A) previously. We own both the common and the preferred, but we feel that the preferred shares offer income investors a unique opportunity to: 1. Own a more stable dividend stock, which isn't nearly as volatile in market pullbacks or on down-days. 2. Lock in a future upside gain of over 8%, due to being priced significantly below their liquidation/call value. 3. Earn a 9.9% dividend yield on an income stream that is covered by over 14 times.
Source: Seeking Alpha
Related Articles:
- 8 Dividend Stocks With A Quick Payback
- 7 High-Rated Dividend Stocks With Above Target Returns
- 4 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 9 Dividend Stocks With A 10%+ Dividend Growth Rate
High-Dividend Stock Yields 10%, Bucked Brexit Pullback, Has Big Cash Flow And Revenue Growth
Posted by D4L | Saturday, July 30, 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...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
-
Today we'll talk dividend deals. Big payers. Stocks yielding up to 10.3% and trading for as little as three-times free cash flow (FCF). ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.