I cut my teeth as an investor at the feet of David Gardner. The Motley Fool co-founder believes that investing in "Rule Breakers" is the way to go. Oftentimes, these disruptive companies don't offer a dividend. That may help explain why my four largest holdings -- which account for over half of my portfolio -- have no dividend at all. That's why I think my sentiment for this article is somewhat extraordinary. There's a high-yield dividend stock that I want to own in 2017, and it's currently yielding a whopping 8.4% based on this year's expected payouts! And that company is...
Back in August 2016, I stumbled upon a company named Enviva Partners (NYSE:EVA). The story is pretty simple: Demand for wood pellets (of all things) is booming right now because Northern European power companies need them as inputs to help replace coal and reduce carbon emissions. Enviva has consolidated the market in Southeastern United States, bringing production plants online and purchasing a deepwater dock in the Port of Chesapeake. The company signs long-term contracts with these power providers. The average contract length is 9.8 years. If a company backs out before the contract expires, it owes Enviva a hefty termination fee.
Source: Motley Fool
Related Articles:
- 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
- 5 Dividend Stocks To Build Your Future Security
________________________________________________________________
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...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
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...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
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...
-
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks was simple: Robust economic growth c...
-
I love buying dollar bills for $0.80. Of course, you don’t find many chances like that in the stock market. Whenever such a great deal arise...
0 comments
Post a Comment
Post a Comment