Dividends4Life: This 13.11% Yielder Could Be a Turnaround Opportunity

Dividend Growth Stocks News

Why Income Investors Should Consider This High-Yield Stock. If you have been following the markets at all, you would know that the energy sector isn’t in the best of shape. With oil prices plunging more than 40% from where they were in the summer of 2014, many energy companies are still deep in the doldrums...

However, with the downturn in these companies’ share prices, yields have started to become attractive. NGL Energy Partners LP (NYSE:NGL), for instance, now pays 13.11%. Of course, double-digit yielders don’t really have the best outlook. But NGL Energy Partners is an exception. While the partnership offers a yield that’s higher than 99% of stocks trading on the U.S. stock exchanges, its business has actually been improving. Let me explain.

Source: Income Investors

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