In today’s market, the general consensus is that if a company pays more than four percent, it’s considered a high-yield stock. So what happens when you see a company with a double-digit payout? Well, in an efficient market, a yield higher than 10% would simply be a sign of trouble. But since the market is not always efficient, there can be exceptions.
Case in point: Consolidated Communications Holdings Inc (NASDAQ:CNSL) currently offers investors a jaw-dropping yield of 12.1%. Yet the payout is surprisingly safe. Let me explain… Consolidated Communications is a broadband and business communications provider headquartered in Mattoon, Illinois. Through its advanced 36,000 route miles of fiber optic network, the company offers a wide range of communications solutions, including voice, data, video, managed services, and cloud computing.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks With A Low P/B Ratio
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
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...
-
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...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Before you go ahead and fill your portfolio with dividend stocks, it would be prudent to check out their market capitalizations as well. Sev...
-
This company yields 12.96%. Management already declared the regular and special September dividends. Its portfolio companies are holding up ...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
The two dividend-paying technology stocks to consider boosted sales significantly, according to their latest quarterly financial reports, ev...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.