Revenues and Earnings Growth Over 100%
If you like to trade growth stocks, you probably want stocks with strong earnings growth and significant revenue growth. Of course, it wouldn't hurt to have a high return on equity. And it would be nice if the stock paid a decent dividend. A search of companies with revenue and earnings growth over 100%, and return on equity above 30% turns up very few companies, but fortunately all of them pay dividends.
One example is Mesabi Trust (MSB), which is a publicly traded trust that owns interests in iron ore properties. Although earnings and revenues are down year-over-year, on a quarter by quarter basis, they are up over 1000%, with return on equity over 400%. In addition, this debt free stock yields a high 8.6%.
Suburban Propane Partners LP (SPH) is a publicly traded partnership which markets propane, fuel oil, and natural gas. Earnings growth for the latest quarter is up over 300% and revenue growth is up over 100%, with a return on equity of 40%. It pays a yield of 7%.
H&R Block, Inc. (HRB), the tax preparation and tax software company, had earnings growth of over 140% and revenue growth of over 180%, with a return on equity of more than 56%. And tax season isn't even over yet. The quarterly dividend provides investors with a yield of 3.3%.
If you are looking for other stocks that provide high yields, check out the lists at WallStreetNewsNetwork.com.
Author does not own any of the above.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.