Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
In our quest for yield and dividend safety, we’ve spotted a robust high-dividend player in the mid-cap Oil/Gas/Coal industry and added it to our Best High Dividend Stocks model portfolio. This gem, showing a forward dividend yield of 7.73%, surpasses the industry average of 5.8%, positioning it in the top echelon of high-yielding dividend stocks. Additionally, its year-to-date returns stand at a commendable 13.5%, outpacing both the S&P 500 and its industry counterparts.
Since its addition on May 16, 2023, the stock outperformed the iShares Core High Dividend ETF (HDV) benchmark, yielding a return of 3.85% compared to HDV’s 1.29%.
Investors, prepare to mark your calendars for the upcoming payout. An estimated dividend of $0.268 per share is on the horizon, due on or around July 7.
As we peel back the layers of this stock in the following in-depth analysis, we’ll illuminate how it perfectly aligns with our focus on yield attractiveness, dividend safety, and returns potential, whilst managing returns risk. Step into this exploration and discover a potential cornerstone for your high-dividend portfolio.