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Robert Hauver, MBA, is a Registered Investment Advisor Representative. He publishes The Double Dividend Stock Alert, a monthly investment newsletter that features the best dividend stocks and option selling strategies for income investors. TipRanks rates DoubleDividendStocks in the Top 25 of all... More
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  • Spectra Energy Partners LP, (SEP) -A High Profit Margin, High Dividend Energy Stock 0 comments
    Jan 16, 2010 12:50 PM | about stocks: SEP

     Spectra Energy Partners LP, (NYSE:SEP), is an oil & pipeline firm just listed in the Energy table section of our High Dividend Stocks by Sector Tables. SEP's 79.99% profit margin is the second highest in the Oil & Gas Pipeline group.

    SEP also outshines its peers in many other figures in our Industry Comparison table.

    Spectra’s $1.60/unit annual dividend appears to be covered by $1.66 EPS, and in line with the 90% mandate for LP’s, with a dividend payout ratio of 91%.  SEP has steadily increased its quarterly dividends, from $.30/unit/quarter, to $.40/unit/quarter, since October 2007.

    For investors who want to immediately increase their yield by trading options and selling covered calls, the June 2010 $30.00 call option, (SEPFF), has a current bid/ask of $1.15/$1.45, which is an additional 9.18% annualized yield on the bid price.  (The current Put option prices aren’t very attractive).

    Disclosure: No positions yet.

    Disclaimer: This article is written for information purposes only.

    Disclosure: No Postions
    Stocks: SEP
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