8 High-Yielding Stocks for Income Investors [View article]
Sorry NYKA. I didn't re-read it to correct mistakes and I know I make plenty of grammatical errors when it's late. That's what happens when you work an 11 hour shift, come home and throw up an article real quick (I type 100+ wpm, so I can type an article almost as fast as I can talk). Regardless, the content is either valid or it isn't. I'm not being paid and I'm not expecting to win any journalist awards. We're playing a numbers game here.
BTW, those 8 stocks aren't actual recommendations - just a quick glance to show readers that high yielding stocks do exist. I wouldn't personally want to own some of those since there are better ones out there.
I forgot to write that I don't blindly chase yields. I always check to see a stable company with profits, growth and steady dividend increases and a healthy balance sheet (I hate a company with too much debt). I've stayed away from the mortgage income trusts. I do like some REITs (especially some Canadian ones).
And no, there will be no more "halloween canroy news" that can drop them by 30%, because they are already slated for destruction and that is factored into the price. Destroying the Income Trust Industry was the worst case scenario and it occured and the result was a 30% drop. Alberta just raised the royalty rates on oil and gas and won't be raising it any further (though that was bad news and set prices back a bit too - seems like a few years of bad news for the Canadian side of things if you count the USD being so weak and the fact that Oil is quoted in USD... Sure oil went up, but not by much in CND$).
We don't know what many of these Income Trust Companies will look like when they switch to a traditional corporate structure - will they continue their high dividends? Or will some switch strategies and issue smaller dividends? We don't know and that means there is an element of risk with many of the Canadian Income Trusts (except REITs).
Also note that I did not know the U.S. Government treats PGH like a partnership. I guess I'm lucky we don't.
Invest in what you know and feel comfortable with.
8 High-Yielding Stocks for Income Investors [View article]
BTW, those 8 stocks aren't actual recommendations - just a quick glance to show readers that high yielding stocks do exist. I wouldn't personally want to own some of those since there are better ones out there.
I forgot to write that I don't blindly chase yields. I always check to see a stable company with profits, growth and steady dividend increases and a healthy balance sheet (I hate a company with too much debt). I've stayed away from the mortgage income trusts. I do like some REITs (especially some Canadian ones).
And no, there will be no more "halloween canroy news" that can drop them by 30%, because they are already slated for destruction and that is factored into the price. Destroying the Income Trust Industry was the worst case scenario and it occured and the result was a 30% drop. Alberta just raised the royalty rates on oil and gas and won't be raising it any further (though that was bad news and set prices back a bit too - seems like a few years of bad news for the Canadian side of things if you count the USD being so weak and the fact that Oil is quoted in USD... Sure oil went up, but not by much in CND$).
We don't know what many of these Income Trust Companies will look like when they switch to a traditional corporate structure - will they continue their high dividends? Or will some switch strategies and issue smaller dividends? We don't know and that means there is an element of risk with many of the Canadian Income Trusts (except REITs).
Also note that I did not know the U.S. Government treats PGH like a partnership. I guess I'm lucky we don't.
Invest in what you know and feel comfortable with.