In spite of all those SUVs you see lined up around the block before and after school each day, the majority of kids still do what we did, back in the day - schlep to the bus stop and ride the bus to school. Chances are you've blotted out your memories of those daily school bus trips or how about those grand times in mid-February, freezing your buns off, while waiting for the bus to arrive? Ah, the good old days... This stock yields over 8% and pays in US dollars. It has long-term contracts with a 95% renewal rate over the past 18 years. It's the largest independent provider in its industry.
Founded in 1997, Student Transportation Inc. is North America's largest independent provider of student transportation solutions, operating more than 13,000 vehicles. STB focuses on rural and suburban areas, and has over 300 contracts that average 3-8 years, renewable. The company's contract renewal rate is over 95%, over an 18-year period, so they must be doing something right. They operate in many US states, and in certain Canadian provinces, with 90% of revenues in the US and 10% in Canada:
Source: Seeking Alpha
Related Articles:
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
- 7 Dividend Stocks With A Good Yield And Growth Balance
- 3 High-Yield Dividend Achievers With 25 Years of Increases
- 17 Investments That Pay Monthly Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
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 ...
-
I am going to double down on Exxon Mobil (XOM) this week because I believe investors will have to deal with more market volatility going for...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
High dividend yields are harder to find lately, given the long-running stock market rally. But that scarcity doesn't mean investors have...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
One little-known tax loophole allows Americans to collect large, growing distribution checks from the government. And investors can begin ea...
-
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks was simple: Robust economic growth c...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
0 comments
Post a Comment
Post a Comment