Looking for outperforming high dividend stocks in the utilities sector with strong dividend growth? Or maybe even one that pays monthly? This stock yields 7.7%, with a conservative 62% payout ratio. Management has raised the distribution for five straight quarters through Q2 '17. It has issued guidance for two more quarterly distribution hikes in 2017. A major acquisition will ramp up earnings starting in Q3 '17.
Crius Energy Trust (OTC:CRIUF) is a triple threat Canadian utility that has far outperformed the Utilities SPDR ETF (NYSEARCA:XLU) over the past year and year to date. It's up 20% since we wrote our first article about it in September 2016. However, since peaking at around $8.21 in early May (after they reported Q1 earnings), CRIUF has fallen around 5.8%. We'll look at the reasons for the pullback later in this article and see if it's time to take advantage of the dip. CRIUF's management has raised the monthly distribution for six straight quarters through Q2 '17 - a 12% increase since the start of 2016. It previously issued guidance for two more quarterly hikes in Q3 and Q4 '17.
Source: Seeking Alpha
Related Articles:
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
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 ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
Most investors look at high-yield dividend stocks as a source of income. While they certainly provide that, what many investors probably don...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
0 comments
Post a Comment
Post a Comment