Looking for qualified dividends in the high yield space? This stock yields 8.33% and has a 78% dividend payout ratio. Management has raised the quarterly dividend for 15 straight quarters. This is not an LP; its payouts are qualified dividends...
Ocean Yield ASA (OTCQX:OYIEF), a diversified shipping company based in Norway. The Ocean Yield Group was established on 3/31/12, with a portfolio of oil service assets previously controlled by Aker ASA. (Aker continues to hold 66% of OYIEF.) Since then, the company has committed an average of USD $500 million/year in new investments, all towards assets with long-term charters within shipping and oil service. One of Ocean Yield's strengths is that it has good access to capital and has continued to raise capital in the bond and equity markets, which has been used to fund further investments within oil service, car carriers, chemical tankers, product tankers and liquefied ethylene gas carriers. OYIEF IPO'd in July 2013 on the Oslo stock exchange.
Source: Seeking Alpha
Related Articles:
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
Dividend Growth Stocks News
- The Smartest Dividend Stocks to Buy With $2,000 Right Now - Yahoo Finance - 5/30/2025
- ChatGPT thinks these are 3 best high-yield dividend stocks to buy today - Yahoo - 5/30/2025
- ChatGPT thinks these are the 3 best high-yield dividend stocks to buy today - Fool UK - 5/30/2025
- ChatGPT thinks these are 3 best high-yield dividend stocks to buy today - Fool UK - 5/30/2025
- These 2 Dividend Stocks Have Grown Dividends For 50 Consecutive Years. Can That Streak Continue? - 24/7 Wall St. - 5/30/2025
- Genuine Parts Company (GPC) Dividend Stock Analysis - 5/30/2025
- AFLAC Incorporated (AFL) Dividend Stock Analysis - 5/23/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
Qualified Dividends Yielding 8%, 15 Straight Dividend Hikes, Strong Growth And Coverage
Posted by D4L | Tuesday, October 10, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.