The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields. Although this screen is based on a long-term and lower risk approach to investing, it has a history of outperforming the S&P 500. Four stocks meeting this screen’s exclusive criteria are: Enterprise Products Partners LP (NYSE:EPD), Atlas Pipeline Partners LP (NYSE:APL), Breitburn Energy Partners LP (NASDAQ:BBEP) and Plains All American Pipeline LP (NYSE:PAA).
View the entire list of stocks for the Growth and Income Profit Track at http://at.zacks.com/?id=1850
Here are details about four companies currently identified by the Growth and Income Profit Track:
Enterprise Products Partners LP (NYSE: EPD) sports a dividend yield of 8.23% and a Zacks #1 Rank. The company announced second-quarter earnings of 52 cents per share, which were way above expectations of 36 cents. EPD is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids and consumers of NGL products.
Atlas Pipeline Partners LP (NYSE: APL) reported second-quarter earnings of $1.11 per share, delivering an amazing 91.38% surprise. The company sports a dividend yield of 13.76% and, on Aug 14, paid a dividend of 96 cents to shareholders of record on Aug 4. In addition, it enjoys a per share price of $27.90. APL owns and operates natural gas pipeline gathering systems through the partnership and its operating subsidiaries.
Breitburn Energy Partners LP (NASDAQ: BBEP) meets the requirements for this profit track with a high dividend yield of 15.75% and a per share price of $13.21. On Aug 14, the company paid a dividend of 52 cents for the second quarter. BBEP also announced year-over-year second quarter earnings of 54 cents per share, compared to 18 cents. Analysts expected earnings of 46 cents. BBEP is an independent oil and gas limited partnership, focused on the acquisition, exploitation and development of oil and gas properties.
Plains All American Pipeline LP (NYSE: PAA) is engaged in interstate and intrastate marketing, transportation and terminalling of crude oil. PAA offers a dividend yield of 8.61%, and therefore satisfies the criteria for this profit track. On Aug 14, the company paid out a dividend of 88 cents to shareholders of record on Jul 31. PAA announced second- quarter earnings of 86 cents per share, while analysts expected earnings of 62 cents.
Discover all the current stocks currently on the Growth and Income Profit Track at: http://at.zacks.com/?id=1896
About Profit Tracks
What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull Run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% return. To see all nine strategies along with philosophy, past performance and current stocks, go to http://at.zacks.com/?id=1838.
All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report “Top 10 Stock Screening Strategies” at http://at.zacks.com/?id=4608
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4607
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