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Five fantastic high-yield stocks for 2018

Navios Maritime Midstream Partners L.P. (NAP)

What sets Navios apart from other shippers, aside from the memorable ticker symbol, is its willingness to push the envelope when it comes to dividends. The current dividend yield is 17.26%, and while yields like that are very often the result of sudden misfortunes that have already taken a whack out of the stock price, that doesn’t seem to be the case here, for while NAP shares were a bit higher nine months ago, they were also a bit lower quite a bit more recently. If you wonder how a company can operate like this, well, don’t assume all the cash is from operations. This game is about capital allocation—capital in the form of petroleum transporting ships. You can bet the folks at Navios know their ships, as well as when to buy and sell them. When a company like this does overextend, it usually raises cash from new shares of stock. No one wants to suffer dilution, but even if the dilution cuts the dividend in half, you’ll still be getting 8.6% on your initial investment.


Chart courtesy of www.stockcharts.com

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Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.