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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts