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
-
Even after multiple rate hikes from the U.S. Federal Reserve, savings accounts are still paying next to nothing. That’s why over the last se...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Though the market has only risen slightly this year, with the S&P 500 up about 1% year to date, stocks are still up significantly over l...
-
First, identify stocks with yields higher than average in the S&P 500. The average yield is around 2%, and with Treasuries offering just...
-
This stock has a strong, diversified MOB portfolio that will throw off more cash in the future as aging trends and higher healthcare spendin...
-
A friend of mine used to joke that she was looking for Mr. Right, but all she ever found was Mr. Right Now. Luckily for investors, when it c...
-
Income investors are no strangers to real estate. By being a successful landlord, an investor can collect a steady stream of monthly rental ...
-
Investing in high-quality dividend stocks is one of the world's most effective ways to generate wealth over the long term. But not all d...
-
Few people have made more money in oil than T. Boone Pickens. The billionaire oil tycoon grew up in Oklahoma during the Great Depression. Fr...
-
Long-term investors know that dividends can have a major impact on returns over time. When the stock market is struggling to make gains like...
0 comments
Post a Comment
Post a Comment