5 Transportation Stocks Paying A Big Dividend to Shareholders

The following five companies in the Transportation sector have the highest dividend yields for that sector:

  1. Teekay Tankers Ltd. (NYSE:TNK):  The stock has traded in a 52-week range of $9.01 to $13.96 and most recently traded at $9.08 er share.  It pays a dividend of $0.88 per share and has a dividend yield of 9.6%.  Its market capitalization is $472.03 million.  About the company: Teekay Tankers Ltd. owns and operates a fleet of crude oil (NYSE:USO) tankers, primaril in the aframax sector.
  2. Knightsbridge Tankers Ltd. (NASDAQ:VLCCF): The stock has traded in a 52-week range of $14.66 to $25.80 and most recently traded at $22.38 per share.  It pays a dividend of $2 per share and has a dividend yield of 9%.   About the company: Knightsbridge Tankers Ltd. acquires, owns, leases and charters double hull Very Large Crude Carriers.
  3. Frontline Limited (NYSE:FRO):  The stock has traded in a 52-week range of $20.55 to $36.85 and most recently traded at $20.92 per share.  It pays a dividend of $0.40 and has a dividend yield of 1.9%.  Its market capitalization is $1.63 billion.  About the company: Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports.  The Company’s vessels are managed by ship management companies.  Frontline conducts activities worldwide.
  4. Navios Maritime Partners LP (NYSE:NMM):  The stock has traded in a 52-week range of $14.08 to $21.56 per share and most recently traded at $19.93 per share.  It pays a dividend of $1.72 per share and has a dividend yield of 8.6%.  Its market capitalization is $1.1 billion.   About the company: Navios Maritime Partners LP offers maritime freight transportation.  The Company is an international owner and operator of drybulk carriers.
  5. Ship Finance International Ltd. (NYSE:SFL):  The stock has traded in a 52-week range of $16 to $23.07 and most recently traded at $19.55 per share.  It pays a dividend of $1.52 per share and has a dividend yield of 7.8%. Its market capitalization is $1.55 billion.  About the company: Ship Finance International Ltd., owns, and charters out, ships.  The Company’s fleet includes crude oil tankers, oil/bulk/ore vessels, dry bulk carriers, and jack up oil rigs.

Note: Financial data is taken from Yahoo! Finance.  Selected other data is taken from Google Finance and publicly available SEC filings.  All data are assumed to be accurate.

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