When a dividend-paying business falls on hard times, the sell-off can lead to some very attractive yields, just by virtue of the stock going down. If such headwinds prove temporary, courageous investors may not only benefit from some very nice payouts, but also reap the gains from stock appreciation. Here are two high-quality stocks that currently sport very high dividend yields due to near-term headwinds, but which have a good chance of turning things around.
Oil and gas midstream operator Crestwood Equity Partners (NYSE:CEQP) is a master limited partnership (MLP) that services the Bakken, Niobrara (Powder River), Permian, and Marcellus basins. Crestwood's main business is gathering and processing, with smaller segments in storage and transportation, and marketing and logistics. Crestwood had been on a tear this year, with shares up over 45% for 2019 as of mid-September. However, recent events regarding a key customer have caused shares to fall, halving the year's gains. The world's largest movie theater chain AMC Entertainment (NYSE:AMC) has suffered from concerns over the future of movie going, due to the rise of online streaming services. The company's sizable debt load, which was amassed after AMC bought three other theater chains in 2016 and 2017, is another concern. A huge sell-off over the past three years has caused AMC's dividend yield to skyrocket to 8.3%.
Source: Motley Fool
Related Articles:
- How To Manage Your Dividend Portfolio In A Downturn
- Where To Find Great Dividend Stocks
- How To Know When To Sell A Dividend Stock
- Your Greatest Wealth Building Asset
- 5 Dividend Stocks For The Ultimate In Deferred Gratification
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
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...
-
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...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
Before you go ahead and fill your portfolio with dividend stocks, it would be prudent to check out their market capitalizations as well. Sev...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
This company yields 12.96%. Management already declared the regular and special September dividends. Its portfolio companies are holding up ...
-
The two dividend-paying technology stocks to consider boosted sales significantly, according to their latest quarterly financial reports, ev...
-
These stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sust...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.