If you have been following the markets, you would know that double-digit yielders don’t really have the best reputation. When a company pays too much, there’s always a concern about its dividend safety. Moreover, even when a company is in trouble, management would most likely still be optimistic during earnings conference calls. So how do you know if a high-yield stock is actually worth owning? Well, you can always look for insider buying activity. Talk is cheap. But when management is willing to use their own money to buy the company’s shares, it can make the story a lot more convincing.
One stock that insiders have been loading up on is CrossAmerica Partners LP (NYSE:CAPL), a master limited partnership headquartered in Allentown, Pennsylvania. CrossAmerica is a wholesale fuel distributor. The partnership distributes branded and unbranded fuel for motor vehicles in the U.S. to around 1,200 locations. It also owns and operates a portfolio of fuel sites and convenience stores. CrossAmerica is a high-dividend stock. With a quarterly distribution rate of $0.6275 per unit, the partnership offers an annual yield of 10.06% at the current price.
Source: Income Investors
Related Articles:
- 6 Rainy Day Dividend Stocks
- With Dividend Growth Stocks, Cash Is King
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?
- Dividend Stocks in Today's Market
- 5 Big-Name Dividend Stocks Crushing The S&P 500
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
These stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sust...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.