In today’s market, building an income portfolio is not easy. The most well-known dividend giants are yielding pretty low, while the ultra-high yielders look a bit risky. Is there a way that investors can safety boost the return of their income portfolios? Well, in this article, we are going to take a look at a solid high-dividend stock that’s currently yielding 6.43%.
The stock in question is Spectra Energy Partners, LP (NYSE:SEP), a master limited partnership (MLP) headquartered in Houston, Texas. It owns and operates pipelines and storage facilities for natural gas and crude oil. What makes Spectra Energy Partners stand out is its distributions. The partnership currently pays $0.70125 per share on a quarterly basis. At today’s price, that translates to an annual dividend yield of 6.43%. To give you some perspective, the average dividend yield of all S&P 500 companies right now is approximately 1.9%. So with this high-dividend stock, investors are getting more than three times the average yield of the S&P 500.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
The truth is, some of the best dividend stocks can be found outside the United States. The world is filled with a variety of strong multinat...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
As we have seen plenty of times, a company that can’t cover its payout will have to cut its dividend at some point. And when that happens, t...
0 comments
Post a Comment
Post a Comment