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
-
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 on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
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 ...
-
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 ...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
At its opening price of $101 per share on Jan. 7, MSFT stock had a market cap of $782 billion, which made it the most valuable company in th...
-
Before the painful fourth-quarter stock market decline, steady dividend payers probably weren’t foremost in many investors’ minds. After all...
0 comments
Post a Comment
Post a Comment