In this post, we want to give a little more detail on the highest paying dividend stocks we cover to help our readings uncover the best dividend paying stocks.
Questar is a natural gas-focused energy company with three lines of business. Those lines are retail gas distribution, interstate gas transportation, and gas development & production.
Despite being in “Oil & Gas Integrated” industry, Questar actually has a fairly low-risk business model. It engages mainly in energy distribution and transportation instead of exploration. Consequently, it has fairly steady sales, a low beta (beta = 0.58), and low price volatility.
Questar is up by over 30 percent since we first put a “Buy” recommendation on it on 1/15/16. It is no longer a screaming bargain. But it is not outrageously priced either; it still has a dividend yield of over 3.5 percent. Furthermore, its fundamentals are still strong, or at least not weak.
On the negative side, it has average financial strength and growth prospects. On the positive side, it is a very competitive firm with good marks for efficiency. Looking at its overall stock fundamentals (which takes into account everything we have mentioned here and more), Questar earns a grade of B. A rating of B is not the best, but it is above average.
Stat Sheet – Questar Corporation
|Industry||Oil & Gas Integrated|
|Market Cap||$ 4,380|
|Price Volatility||Below Average|
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