With interest rates near record lows, what option exists in the marketplace to earn a high income? I would suggest looking at high-dividend growth stocks, which belong to companies that are growing their earnings and payouts alike. One major benefit of this investing type of stock is that a faster rate of return will be calculated on the initial capital investment. And the only thing required from investors is patience as the earnings rise.
One high-dividend growth investment worth considering is Magellan Midstream Partners, L.P. (NYSE:MMP) stock. Magellan transports, stores, and distributes refined petroleum products and crude oil, with assets across the U.S. and partnerships with many oil-drilling companies. There is no commodity price risk with this business model. MMP stock currently sports a dividend yield of 5.4%. This yield is above that of the benchmark index, the S&P 500, which is currently offering an average dividend yield of 1.9%. Magellan has raised its dividend for 30 straight quarters.
Source: Income Investors
Related Articles:
- Never Fall In Love With A Stock
- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
- 10 Great Dividend Stocks With 50+ Years of Consecutive Increases
- International Diversification May Be Closer than You Think
- Characteristics of Great Dividend Growth Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
“Research shows that dividend cuts are associated with significant share price declines on announcement,” Cornell University Professor of Fi...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
With interest rates at historic lows and bond-yields heading down quickly, the payouts from dividend stocks are becoming more and more appea...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
Warren Buffett has said the best time to sell is never, and though he often doesn't follow his own rules -- as the recent sale of all th...
-
Dividend investing is a great way for investors to earn reliable income. Dividend stocks tend to have stable, cash-generating business model...
-
We’ve pulled up the details on some of Oppenheimer's recommendations. These are stocks with a specific set of clear attributes, that fre...
-
Looking for survivors in the high-yield midstream space? This general partner just dropped down $48M in trucking assets. Management is guidi...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.