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
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment