Looking for a growth juggernaut to climb aboard? This stock yields 9.89%, with a 75% dividend payout ratio. Management has raised the dividend 13 straight quarters, and should raise it again in coming quarters. The company grew its asset base by over 25% just halfway through Q4-Q4. Revenue still grew by 25%, EBITDA by 31%, EPS by 17% - all record dollar figures. Q1 '17 will be the first full quarter of operations for majority of new assets - means more big growth in 2017. Insiders just bought 300,000 shares.
The Ocean Yield Group was established on 3/31/12, with a portfolio of oil-service assets previously controlled by Aker ASA (OTC:AKAAF). Since then, the company has committed over $1.8B in new investments, all toward assets with long-term charters within shipping and oil service. Ocean Yield has continued to raise capital in the bond and equity markets, which has been used to fund further investments within oil-service, car carriers, chemical tankers, product tankers and liquefied ethylene gas carriers. OYIEF IPO'd in July 2013 on the Oslo stock exchange.
Source: Seeking Alpha
Related Articles:
- If Only I Had Known About These Dividend Stocks...
- 13 Dividend Stocks and 3 ETFs To Balance Your Asset Allocation
- 4 Communications Services Stocks With Increasing Dividends
- 5 Stocks With Room To Grow Their Dividend
- 9 Dividend Stocks Ignoring The 4% Rule
Dividend Stock Yields 10%, 13 Straight Dividend Hikes, More Due In 2017, Insiders Buying
Posted by D4L | Tuesday, April 04, 2017 | 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...
-
Boring stocks to buy and hold almost always align with deeply established businesses. While they won’t offer the outstanding growth potentia...
-
Did you know that if a company were to increase its dividends by 5% per year, it would take 14 years for its payouts to double? And if its r...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
While there are many paths investors can take to generate long-term wealth, our preferred method is to buy-and-hold quality dividend stocks ...
-
Dividend Kings are stocks that have increased their dividends annually for at least 50 consecutive years. That's five full decades or mo...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
While it is prudent to build a more robustly diversified portfolio than just three stocks, the three discussed in this article are sure to g...
-
Verizon (VZ -1.75%) pays one of the biggest dividends in the S&P 500. The telecom giant currently yields 6.5%. That's one of the top...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.