This company has two preferred issues with 12.92X distribution coverage in 2019. Both are below their $25 call value. Its 15%-plus common unit yield's coverage also is detailed. Earnings, growth projects, analysts' price targets also are detailed. Two option-selling short-term trades are detailed. Sometimes you have to look past the bright lights and neon to find something more lasting...
This may be the case with the three attractive dividend yields for Denver-based DCP Midstream, LP (DCP), which is owned by Phillips 66 (NYSE:PSX) and Enbridge (ENB). DCP has a very high common distribution yield of 15.66% due to losing ~32% on its price/unit over the past year, while management maintained the $.78 quarterly payout, as they have since Q1 2015.
Source: Seeking Alpha
Related Articles:
- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
- 5 Dividend Stocks With A Quick Payback
- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
- 4 Stocks With Room To Grow Their Dividend
2 Well-Covered 8% Yields Below Call Value: DCP Midstream LP
Posted by D4L | Monday, March 02, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
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...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.