There isn't a lot out there in stocks to generate must interest these days, at least without a huge risk factor included with it, but the relatively boring Suburban Propane Partners (NYSE:SPH) could be a good company to take a closer look at.
Don't think this is going to be a stock that will ever be a high flyer; at least with its current products and focus on propane and fuel oil.
Other than a short period of time during the worst part of the recession, Suburban Propane has held pretty strongly, and because of the sector it supplies, will always have a steady, built-in market.
The management has done some good things, including expanding and cutting costs, but it's the dividend which is the most attractive for times like these, and that stands at 7 percent.
And even with the ongoing recession, they are now at a five-year high, so they've done a lot of things right and are resilient.
This is a solid company that won't grow particularly fast, but will give investors a good return with dividends that few companies can offer, and they're continuing to increase their share price in extremely tough economic times.
Suburban finished Tuesday and August at $49.42, gaining $0.35, or 0.71 percent.
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