Crestwood Preferred: A Classic HDO Find Yielding 10%
High Yield Stocks, passive income, Retirement, REITs
Seeking Alpha Analyst Since 2006
I am a former Investment and Commercial Banker with over 35 years of experience in the field. I have been advising both individuals and institutional clients on high-yield investment strategies since 1991. I am the lead analyst at High Dividend Opportunities, the #1 service on Seeking Alpha for 6 years running.
Our unique Income Method fuels our portfolio and generates yields of +9% alongside steady capital gains. We have generated 16% average annual returns for our 7,500+ members, so they see their portfolios grow even while living off of their income! Join us for a 2-week free trial and get access to our model portfolio targeting 9-10% overall yield. Our motto is: No one needs to invest alone!
In addition to being a former Certified Public Accountant ("CPA") from the State of Arizona (License # 8693-E), I hold a BS Degree from Indiana University, Bloomington, and a Masters degree from Thunderbird School of Global Management (Arizona). I currently serve as a CEO of Aiko Capital Ltd, an investment research company incorporated in the UK. My Research and Articles have been featured on Forbes, Yahoo Finance, TheStreet, Investing.com, ETFdailynews, NASDAQ.Com, FXEmpire, and of course, on Seeking Alpha. Follow me on this page to get alerts whenever I publish new articles.
The service is supported by a large team of seasoned income authors who specialize in all sub-sectors of the high-yield space to bring you the best available opportunities. By having 6 experts on your side, each of whom invest in our own recommendations, you can count on the best advice. (We wouldn't follow it ourselves if we didn't truly believe it!)
In addition to myself, our experts include:
3) Philip Mause
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Summary
- CEQP.PR is only one of two uncallable busted convertible preferreds in our Model Portfolio.
- We find gems like these that otherwise would go unnoticed and unknown.
- Our prices are set to increase on 4/1. Hurry in now!
Dear Followers,
I have been thrilled to discover great opportunities for retirees and income investors to lock in years of potential income. Back in 2019, my team and I shared such an opportunity with our community of investors. HDO members bought these preferred shares which were uncallable and strongly covered by the company's cashflow.
HDO has two of these types of investments in our Model Portfolio that targets 9-10% yields.
Recently that pick, Crestwood Equity Partners LP, 9.25% Preferred Partnership Units (CEQP.PR), which yields 10.3%, saw its coverage improve even further as Crestwood Equity Partners (CEQP) agreed to buy out its sponsor's interest and eliminate its general partner. Now a great preferred has gotten even better. HDO members were encouraged to buy large swaths of this preferred during the COVID-19 downturn and those purchases have over 100% returns since.
Currently CEQP.PR is an outstanding choice for retirees and income investors. This is what HDO does, we find these gems and unknown names so our members can benefit. You get to sit back and relax while the income rolls in.
All companies try to sell themselves as high quality investments. It takes some know-how, an aptitude for research, and keen insight to make beneficial real time decisions. Its something my Team and I provide our members.
We'd love to have you join our community.
We are currently letting anyone interesting in joining HDO have a 14-day free trial and 10% off their first year of being a member. It's a discount you'll want to jump on. It will also grandfather you into our current rate of $519 a year before our prices increase at the end of March.
A Price Increase Is Coming
Soon High Dividend Opportunities annual and monthly membership fees are going to rise. You can beat that increase by subscribing today. All current members will be grandfathered into our $519 annual membership price.
Move quickly to lock in today's rate. Waiting would mean paying more for our valuable research when you don't have to! Pay $519 this year to lock in the ongoing rate forever.
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We invite you to take a 2-week free trial to our service. It is the #1 Service for Income Investors and Retirees. By taking the free trial, you will have access to our model portfolio targeting a +9% yield by investing in dividend stocks, bonds, and preferred stocks. Test it for yourself, I am confident that you will like it!
For the 2-Week Free Trial for our membership, please CLICK HERE.
Sincerely,
Rida Morwa, High Dividend Opportunities
Analyst's Disclosure: I am/we are long CEQP.PR.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.