Looking for outperforming high dividend stocks in the utilities sector with strong dividend growth? Or maybe even one that pays monthly?
Crius Energy Trust (OTC:CRIUF) is a triple threat Canadian utility that has far outperformed the Utilities SPDR ETF (NYSEARCA:XLU) over the past year and year to date. It's up 20% since we wrote our first article about it in September 2016.
However, since peaking at around $8.21 in early May (after they reported Q1 earnings), CRIUF has fallen around 5.8%. We'll look at the reasons for the pullback later in this article and see if it's time to take advantage of the dip.
Full article:
https://seekingalpha.com/article/4083636-monthly-high-dividend-stock-yields-8-percent-6-straight-hikes-due-2017