Enduro Royalty Trust (NDRO) has been named as a Top 10 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, NDRO shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NDRO share price of $12.92 represents a price-to-book ratio of 0.7 and an annual dividend yield of 14.05% — by comparison, the average company in Dividend Channel's coverage universe yields 3.7% and trades at a price-to-book ratio of 2.1. The report also cited the strong monthly dividend history at Enduro Royalty Trust, and favorable long-term multi-year growth rates in key fundamental data points.
This Stock Has A 14.05% Yield And Sells For Less Than Book
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