【why does my hot water heater circuit breaker keep tripping】5 High-Yield Stocks to Defy Coronavirus-Led Crisis in April
With cities under lockdown and factories closed due to the coronavirus outbreak,why does my hot water heater circuit breaker keep tripping stocks have been recording steep declines. In fact, benchmarks including the S&P 500 Index fell 12.5%, while the DOW and the Nasdaq declined 13.7% and 10.1%, respectively in the past 30 days
The rapid spread of the virus in the absence of a cure or vaccination raises investor concern about the U.S. economic outlook. Millions will be facing unemployment and businesses have to strive hard to address liquidity and solvency issues. On Mar 31, the Conference Board reported that the index of consumer confidence fell to 120 in March from a revised 132.6 in February, a 32-month low. Consumers are rapidly losing confidence in the economy as the deadly virus wreaks havoc.
Investors have been looking for safe investment options as the economic impact of coronavirus keeps growing. High-yield stocks are in focus in times of crisis like the current one, as high dividend payout ratio of these companies will offer a constant income stream. Along with that the Federal Reserve’s two emergency rate cuts in March have brought interest rates to 0-0.25%. Now, with loans available at cheaper rates, the flow of money is expected to continue at these dividend-paying companies.
5 Top D
ividend Players to Buy
Given the current turmoil in the global market caused by the steep rise in COVID-19 cases, we have shortlisted five high-yield stocks that can return well at the time of crisis.
Our first choice is
Enviva Partners, LP
EVA that produces and sells utility-grade wood pellets. The company’s expected earnings growth rate for the current year is more than 100% compared with the Zacks Biofuels industry’s projected earnings growth of 40.3%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 29% upward over the past 60 days.
Enviva Partners, a Zacks Rank #1 (Strong Buy) company, has a dividend yield of 9.7%, and its five-year average dividend yield is 8.6%.You can see
the complete list of today’s Zacks #1 Rank stocks here.
Real estate investment trust
MGM Growth Properties LLC
MGP also make it to our list. The company is engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The company’s expected earnings growth rate for the current year is 5.6% against the ZacksREIT and Equity Trust - Otherindustry’s projected earnings decline of 0.9%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 4.7% upward over the past 60 days.
Story continues
MGM Growth Properties, a Zacks Rank #1 company, has a dividend yield of 7.9%, and its five-year average dividend yield is 5.5%.
Next we have,
Chimera Investment Corporation
CIM that invests in a portfolio of mortgage assets. The company’s expected earnings growth rate for the next year is 5.2% compared with the Zacks REIT and Equity Trust industry’s projected earnings growth of 4.6%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 2.9% upward over the past 60 days.
Chimera Investment, a Zacks Rank #1 company, has a dividend yield of 19.3%, and its five-year average dividend yield is 11.6%.
DCP Midstream, LP
DCP owns, operates, acquires and develops a portfolio of midstream energy assets in the United States. The company’s expected earnings growth rate for the current quarter is more than 100% against the Zacks Oil and Gas - Production and Pipelines industry’s projected earnings decline of nearly 19%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 18.6% upward over the past 60 days.
DCP Midstream, a Zacks Rank #2 (Buy) company has a dividend yield of 93.1%, and its five-year average dividend yield is 9.8%.
Last on our list is
Teekay LNG Partners L.P.
TGP, amarine transportation service provider for liquefied natural gas, liquefied petroleum gas and crude oil worldwide. The company’s expected earnings growth rate for the current year is 54.2% compared with the Zacks Transportation - Shipping industry’s projected earnings growth of 8.2%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 4.6% upward over the past 60 days.
Teekay LNG Partners, a Zacks Rank #2 company has a dividend yield of nearly 8%, and its five-year average dividend yield is 5.6%.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
Teekay LNG Partners L.P. (TGP) : Free Stock Analysis Report
Chimera Investment Corporation (CIM) : Free Stock Analysis Report
Enviva Partners, LP (EVA) : Free Stock Analysis Report
MGM Growth Properties LLC (MGP) : Free Stock Analysis Report
DCP Midstream Partners, LP (DCP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
View comments
-
Why looting, protests and COVID-19 haven't pounded the stock marketEXPLAINER-Why automakers are on a drive to sell electric cars in EuropeDo You Like HORNBACH Baumarkt AG (ETR:HBM) At This P/E Ratio?Global Hospital Beds Market Report 2020: Market to Reach $5.2 Billion by 2027ROYAL DUTCH SHELL PLC THIRD QUARTER 2020 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTSStockBeat: No Hiding Place (Except Tesco)Business owners contend with threat, reality of coronavirusBlockchain Could Make Dismantling Nuclear Warheads More Secure: UK ReportProPetro Holding (PUMP) Reports Q3 Loss, Lags Revenue EstimatesViolet Defense Awarded DIU Subcontract for Prototype of Ruggedized UV Disinfection Product
下一篇:The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Liberty Oilfield Services Inc. (LBRT)
- ·Investview (INVU) Reports Record $1.4 Million Month Bitcoin Mining Revenue and Increased Bitcoin Holdings
- ·Ethereum decentralized exchange monthly volumes hit all-time-high
- ·Were Hedge Funds Right About Caterpillar (CAT)?
- ·Walmart Stock Rises 3%
- ·Rental fleet collapse drags down U.S. vehicle sales
- ·Natural Gas Price Fundamental Daily Forecast – Crushed by ‘Exceptionally Comfortable’ Temps Ahead of EIA Data
- ·The Global Cloud Encryption Software Market is expected to grow by $ 2.82 bn during 2020-2024 progressing at a CAGR of 38% during the forecast period
- ·Stocks adding to biggest one day gain on stimulus hopes
- ·Ducks Unlimited Canada commends Government’s Fall Economic Statement that recognizes nature in Canada’s economic recovery
- ·The New America High Income Fund, Inc. Declares Dividend
- ·One Metric To Rule Them All: Ground Rents Income Fund PLC (LON:GRIO)
- ·Oprah tour driving Weight Watchers memberships
- ·Masco Banks on Repair & Remodeling Business Amid High Costs
- ·Halozyme Therapeutics, Inc. Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next
- ·Smithfield Foods Says That the Company and Its Team Members Want the Same Thing: To Protect Employee Health and Safety While Also Safeguarding America’s Food Supply
- ·Gold ETFs Attain Record YTD Inflows Amid Global Uncertainties
- ·Market Sentiment Improves As Investors Pin Hopes on G7 Action
- ·SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Peabody Energy Corporation
- ·Coronavirus to have substantial impact on trade: WTO
- ·HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Crown Castle (CCI) Investors Who Have Suffered Losses to Contact its Attorneys: Securities Fraud Case Filed
- ·CMA CGM Donates 200,000 Face Masks
- ·Gatling Discovers 3rd High-Grade Gold Trend at Kir Vit; Encounters Highest Grades to Date
- ·Williams to Build 1-40 MW Solar Stations Across 9 US States (Revised)
- ·Why the Earnings Surprise Streak Could Continue for Dick's (DKS)
- ·How to shop safe during a holiday season like no other
- ·JPMorgan Increases Stake in China Securities Venture to 71%
- ·Live Oak Acquisition Corp. II Announces Pricing of Upsized $220,000,000 Initial Public Offering
- ·EU’s Digital Services Act Advocates Speak Up
- ·iRhythm Technologies, Inc. Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
- ·Dorian LPG: Q2 Earnings Insights
- ·Guardant Health Announces Pricing of Upsized Public Offering
- ·Spirit Hub Announces The Spirit Hub Independent Distillery Preservation Fund, A Non-Profit 501(c)3 to Support Independent Distilleries Around the World
- ·BRIEF-CITIC Ltd Updates On The Proposed Restructuring Of Daye Special Steel
- ·Medical Gloves Market Research Report: By Raw Material, Application, Sterility, Type, Distribution Channel, End User - Global Industry Analysis and Growth Forecast to 2030
- ·If You Had Bought NWF Group (LON:NWF) Shares Three Years Ago You'd Have Earned 30% Returns
- ·MT Højgaard Holding A/S: Financial Calendar 2021