In recent posts, I’ve told you all about my favorite place for safe, outsized yields: cash cows. These firms represent mature businesses. Because they have less in the way of growth potential, owners milk these firms for extra-large income. Cash cows don’t come with a “cool factor.” These stocks, however, have quietly beaten the market for decades. And it’s not rare to find yields of up to 21%.
Case in point: GasLog Partners LP (NYSE:GLOP). This partnership owns a fleet of tanker ships that move liquified natural gas from Point A to Point B. And with a yield nearing nine percent, some investors have taken notice. You don’t need an MBA to wrap your head around this operation. GasLog owns 11 vessels. Management then leases these carriers out to energy companies. These deals get done under fixed, long-term contracts. In some cases, executives lock in agreements for up to 10 years (or more). In other words, we can circle the dates for when this partnership gets paid—for years to come.
Source: Income Investors
Related Articles:
- Searching the World For The Best Dividend Stocks
- What's Your Retirement Vision?
- The Most Important Financial Statement When Selecting Dividend Growth Stocks
- Stock Dividends, The Gift of Nothing
- What's More Powerful Than Compound Interest?
This Stock Yields 8.7% (and Growing)
Posted by D4L | Tuesday, June 05, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.