If you're looking for bargains, you may want to check out the Basic Materials sector, which has pulled back 6% over the past quarter. This sector, which features some of the high dividend stocks we cover in our articles, has been hit, as concerns about the sustainability of the OPEC production cut, and rising US production/rig counts, have rattled investors. This company raised its Q1 2017 payout 7.8% vs. Q1 2016. Management has raised the company's payouts for 50 straight quarters. It now yields 7.35%, and management is targeting 8% distribution growth in 2017. It's now over 14% below analysts' consensus price.
Holly Energy Partners (NYSE:HEP), headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry, including HollyFrontier Corporation (NYSE:HFC) subsidiaries. The partnership, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Arizona, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming, and Kansas as well as refinery processing units in Kansas and Utah.
Source: Seeking Alpha
Related Articles:
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
So what should investors do amid the panic? They could do worse than own top dividend stocks. The recent stock market crash has turned some ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
For most investors, this is not a time to panic. Rather than take a flight to safety, now is a time to take a flight to quality. And when in...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.