TodayI’m going to show you a high-yield stock that pays 12.5%. Due to the cyclical nature of the business, this stock is not for everyone. But, for those who are willing to take the underlying risk, the double-digit yield offered by this company could be worth considering.
I’m talking about Greenhill & Co., Inc. (NYSE:GHL), an investment bank based in New York City. While the company is relatively small, it does generate a serious amount of business. In the 12-month period through June 30, 2017, Greenhill generated $302.0 million in total revenue.Compared to the bulge bracket firms on Wall Street, Greenhill runs a very small shop; the company has just 378 employees. Moreover, its only business is providing advisory services. There is no trading, underwriting, or loan making at Greenhill.
Source: Income Investors
Related Articles:
- 9 Dividend Stocks Beating The 4% Rule
- You Can't Spend Earnings
- Why Dividends Matter
- Hey, You Invest Like a Girl!
- Are Storm Clouds Gathering For These 4 High-Yielding Securities?
________________________________________________________________
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 ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
0 comments
Post a Comment
Post a Comment