For dividend investors, the cannabis sector looks pretty scary.
This high-growth sector has a reputation for extreme volatility, unpredictable earnings reports, and mega-acquisitions that can stress the balance sheet.
While these traits hold true for a large segment of the cannabis sector, what many investors don’t realize is that there is a hidden class of cannabis stocks that completely buck the trend.
These undercover cannabis stocks offer more share price and earnings stability than the traditional cannabis stock. More important – they are also excellent dividend payers.
3 of the Best Cannabis Dividend Stocks
These three dividend payers all have unique qualities:
- The first pays a 5.4% dividend that is a 150% premium to the S&P 500’s 1.8% dividend yield.
- The second has grown its dividend by more than 200% in the last two years.
- The third has a low dividend payout ratio of 58%, making it highly reliable.
Largest Dividend
Continue reading "Cannabis Stocks With Impressive Dividend Yields"
