These Shipping Companies Offer Dividends and Growth
The following video is part of our "Motley Fool Conversations" series, in which energy editor and analyst Joel South discusses topics around the investing world.
In this edition, Joel discusses the struggles the shipping industry has suffered through over the past year. The industry is suffering from an oversupply of ships, causing dayrates to fall to breakeven levels and forcing debt-heavy companies to suffer further. It looks like the worst is behind the industry, as the amount of ships in service is plateauing, meaning that in the near term, shipping companies can see dayrates reach levels seen three to four years ago. However, there is another way to profit handsomely from shipping companies while you wait for the dayrates to spike: master limited partnerships that offer outstanding yields while also allowing the unitholder to realize capital gains if the share prices appreciate.
High yields are tremendous for the obvious reasons, but right now they're more valuable than ever. With interest rates still at unbelievable lows and so much uncertainty over eurozone debt issues, solid stocks that pay you money and also promise long-term price appreciation are the treasure trove of the investing world. To help you on your quest of consistently improving your nest egg, we compiled a special free report with outstanding dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here to discover the winners we've picked.
At the time this article was published Joel Southand The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.