Looking for defensive high-yield stocks? Since we're soon to enter one of the worst months for the market (September's historic average return is -1.1%), you may want to take a look at the utilities sector, which has led all others over the past month, and is also among the leading sectors over the past quarter, six months, and year to date. The yield is 8.95%, with a 59% payout ratio. Management has raised the monthly payout for seven straight quarters. It just closed a deal that should grow EBITDA and DCF by 59%...
Crius Energy Trust (OTC:CRIUF) is a Canadian utility that we own and have written several articles about since September 2016. It has outperformed the Utilities SPDR ETF (XLU) over the past year and year to date. However, it suffered a pullback over the past quarter due to a bought deal offering, which will increase its unit total to 56,944,417. The offering was part of the funding for its major acquisition, of USG&E, which closed in July.
Source: Seeking Alpha
Related Articles:
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
9% Yielding Utility Pays Monthly, 7 Straight Hikes, Big Growth Coming In Q3, Major Deal Closed In July
________________________________________________________________
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 ...
-
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...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
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...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment