Niska Gas Storage Partners LLC (NKA) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, NKA shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NKA share price of $12.97 represents a price-to-book ratio of 0.8 and an annual dividend yield of 10.80% — by comparison, the average energy stock in Dividend Channel's coverage universe yields 4.7% and trades at a price-to-book ratio of 2.7. The report also cited the strong quarterly dividend history at Niska Gas Storage Partners LLC, and favorable long-term multi-year growth rates in key fundamental data points.
This Stock Has A 10.80% Yield And Sells For Less Than Book
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