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
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
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 ...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
There are a lot of reasons to consider adding high-dividend stocks to your portfolio. They offer a steady income that can help ease the pain...
0 comments
Post a Comment
Post a Comment