If you are a longtime yield seeker, you’ve probably noticed one thing: most of the double-digit yielders also happen to be beaten-down stocks. The blunt reality is that if a company is solid and offers a dividend yield north of 10%, investors would jump on the opportunity. Before you know it, they would have bid up the company’s stock price and lowered its yield. In other words, if a stock’s yield stays at an ultra-high level, chances are it’s not perfect. But that doesn’t mean I’m ignoring the beaten-down tickers completely. Every once in a while, you just might come across an ultra-high-yielding stock that can actually afford its payout.
Golar LNG Partners LP (NASDAQ:GMLP) is a good example of this. Headquartered in Hamilton, Bermuda, Golar LNG Partners is a master limited partnership (MLP) that owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers. Because the partnership doesn’t serve consumers directly, most people have never heard of it. But if you are on the hunt for yield, few stocks can do a better job than GMLP. You see, the partnership currently pays quarterly distributions of $0.4042 per unit, which comes out to a staggering annual yield of 13.2%.
Source: Income Investors
Related Articles:
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
- A Disciplined Approach To Dividend Growth Stocks
- 3 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
Finally, a 13.1% Yield That’s Actually Worth Considering
Posted by D4L | Thursday, April 04, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends can be an underrated source of income for investors. With so much volatility in the stock market right now, it can be comforting t...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.