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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Billionaire Paul Singer has made a fortune shaking up tired businesses. And right now he has a new company in his crosshairs. In industry ci...
-
To live off the passive income from stocks, one of the important things to pay attention to is the company’s distribution policy. Nowadays, ...
-
Whether you refresh your portfolio every five minutes or check it infrequently, like most investors you probably experience some level of st...
-
Utility stocks feature plenty of steady cash flows and high dividends. It doesn’t matter so much what the economy is doing as people still n...
-
The problem is, finding high-quality dividend stocks isn't easy. That's because yield and risk tend to be correlated. In other words...
-
Usually, when a dividend yield is around 10%, it's due to concerns about its sustainability. However, that's not the case with this ...
-
A High-Yield Stock Investors Can Count on. Considering that most dividend stocks pay less than four percent, a 6.2% annual yield should alre...
-
Reinvesting your dividends is a great way to boost the long-term performance of your stock portfolio, but a history of regular payouts alone...
-
We're now three-fourths of the way through 2019, and it's certainly been an eventful year so far. Although the S&P 500 is up by ...
-
While cash flow can come from bond interest or interest from other types of investments, many income investors hone in on dividends. A divid...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.