The ongoing Baby Boomer retirement wave seems to be causing a mad dash for dividend income, which figures, with 10,000 U.S. boomers turning 65 each week, you know that there are more than a few boomer retirees trading in their paisley bellbottoms for steady retirement income. This stock yields 12.32%, and has two well-covered dividends, supported by long-term fixed-fee contracts. It just reported Q2 earnings, and grew revenues by 19%, EBITDA by 27% and distributable cash flow by 29%. It's currently selling at only 76% of book value.
One of our favorite high dividend stocks, Dynagas LNG Partners LP (NYSE:DLNG), just reported its Q2 2016 earnings this week, so we thought we would update you on its latest numbers. DLNG offers not just a high-yielding common unit, but it has a 9%-plus-yielding preferred shares, which are actually priced below their $25.00 call value (If you're yawning at this statement, you shouldn't be - solid, below-par preferreds are harder to find than Milli Vanilli tribute albums these days, thanks to receding rate hike fears).
Source: Seeking Alpha
Related Articles:
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If you are going down the dividend route, you may as well find stocks that are performing well, regardless of the dividend — stocks where th...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you invest for income, then dividend-paying stocks are likely to be a core component of your investment approach. The worst fear for inco...
-
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. However, once these...
-
If you are a devoted dividend aficionado, there are probably few thrills as exciting as seeing a dividend payment hit your brokerage account...
-
For retirees, buying and holding high-quality dividend stocks is arguably the best way to predictably create and sustain wealth. But investi...
-
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcom...
0 comments
Post a Comment
Post a Comment