In today’s market, the number-one reason why investors tend to stay away from ultra-high yielders is the concern about their dividend safety. Think about it: when most companies pay less than four percent, how is it possible for a company to support a double-digit dividend yield? Indeed, it’s not uncommon for a high-yield stock to cut its dividend. And as income investors with a long-term horizon, you’ll want to stay away from dividend cuts as far as possible.
Still, every once in awhile, you might come across a high-dividend stock whose payout is actually safe. I believe Consolidated Communications Holdings Inc (NASDAQ:CNSL) is a good example of this. Headquartered in Mattoon, Illinois, Consolidated Communications is a broadband and business communications provider. Through its fiber optic network spanning over 36,000 route miles, the company offers a wide range of communications solutions, including voice, video, data, managed services, and cloud computing.
Source: Income Investors
Related Articles:
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
________________________________________________________________
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.