Dividend Growth Stocks: 5 Massive Yields That Could Rise Within Weeks
A recent analysis by Brett Owens, a contributor to Forbes, has identified five high-yield dividend growth stocks that could see their payouts rise within weeks. These companies, which include Hess Midstream LP (HESM), have yields ranging from 8.5% to 16.6%, making them attractive options for income investors.
Key Financial Facts
Hess Midstream LP (HESM) has a yield of 9.3%
The company's next dividend raise may send its price higher before year-end
Three of the companies on the list are quarterly dividend hikers, with a track record of improving payouts over several years
Company Background and Context
Hess Midstream LP (HESM) is a master limited partnership (MLP) that owns, operates, and develops midstream energy assets in the Williston Basin area of North Dakota. The company's assets include pipelines, processing facilities, and storage terminals, making it a key player in the region's oil and gas industry.
Market Implications and Reactions
The high-yield dividend growth stocks identified by Owens have been overlooked by investors, with some yields reaching as high as 16.6%. However, these companies have a track record of improving their payouts over several years, making them attractive options for income investors. The next dividend raise may send prices higher before year-end, providing a potential opportunity for investors to capitalize on the growth.
Stakeholder Perspectives
Investors who are looking for high-yield dividend stocks may be interested in companies like Hess Midstream LP (HESM), which offers a yield of 9.3%. However, it's essential to consider the company's financial health and future prospects before making an investment decision. Owens notes that there are red flags to look out for when these companies make their next announcements, such as changes in management or significant declines in revenue.
Future Outlook and Next Steps
The future outlook for these high-yield dividend growth stocks is promising, with potential for price increases before year-end. Investors who are looking for income-generating investments may want to consider adding these companies to their portfolios. However, it's essential to conduct thorough research and analysis before making any investment decisions.
Conclusion
High-yield dividend growth stocks like Hess Midstream LP (HESM) offer attractive options for investors seeking income-generating investments. With yields ranging from 8.5% to 16.6%, these companies have the potential to send prices higher before year-end. Investors who are looking for high-yield dividend stocks should consider adding these companies to their portfolios, but it's essential to conduct thorough research and analysis before making any investment decisions.
Sources
Brett Owens, "Dividend Growth Stocks: 5 Massive Yields That Could Rise Within Weeks", Forbes
Hess Midstream LP (HESM) investor relations website
*Financial data compiled from Forbes reporting.*