Rarely, if ever, does a stock yielding over 20% annually get overlooked by most investors…
But that’s just what’s happening with the refining and retail company, Northern Tier Energy LP (NYSE: NTI).
After coming on to the scene in July 2012 at nearly $14 per share,
NTI surged over 110% by March. It’s since declined and stayed in the
mid-$20 range.
The chief reason for this decline is a pessimistic outlook in
Northern Tier’s ability to sustain such a high dividend over a
substantial period of time.
You can see that in the company’s stock performance. (more)
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