Do you own any shipping stocks? We've long been fans of certain shipping stocks due to their attractive yields, good dividend coverage, and long-term contracts. This stock yields 8.3% and went ex-dividend on 1/26/18. It's undervalued by over 5%. Dividend coverage is over 5x.
One of the granddaddies of the long-term contract business model is Seaspan Corp. (SSW), which has grown to be the largest independent containership owner/manager in the world. It has an average of seven years remaining on its long-term charters, which represent 90% of its revenue. To say that SSW has had its ups and downs over the past few years would be an understatement. Take a look at these quarterly growth figures (you better hold onto the railing, though, you might get a wee bit seasick):
Source: Seeking Alpha
Related Articles:
- International Diversification May Be Closer than You Think
- Characteristics of Great Dividend Growth Stocks
- 8 Dividend Stocks With A 15% Yield In 15 Years
- Don't Touch These 5 Dividend Stocks!
- 9 Higher Yielders With A Low Free Cash Flow Payout
High-Dividend Stock Yields 8%, On Qualified Dividends, Goes Ex-Dividend Soon
Posted by D4L | Monday, February 05, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
If you're looking for income, turning to your investment portfolio is a natural choice. Lately, that's been a tough assignment, beca...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology prod...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Why do REIT’s have high payout ratios? Investors looking to invest in real estate investment trusts (REITs) may be intimidated by payout rat...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.