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
Dividend Growth Stocks News
- Unlocking High-Yield Opportunities in the Middle East: Energy and Infrastructure Dividend Stocks for 2025 - AInvest - 7/18/2025
- The 10 best US dividend stocks - Morningstar - 7/18/2025
- Build Your Retirement Nest Egg: 4 Singapore Stocks for Growth and Income - Yahoo - 7/18/2025
- How to Invest $250,000 in Canadian Dividend Stocks for $12,027 Each Year - Yahoo - 7/18/2025
- Top Asian Dividend Stocks For Your Portfolio - Yahoo Finance - 7/17/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
- Abbvie Inc. (ABBV) Dividend Stock Analysis - 6/13/2025
2 Cheap Dividend Stocks You Can Buy Right Now
Posted by D4L | Monday, December 09, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.