Student Transportation (STB)
A small Canadian company trading on the Nasdaq, Student Transportation (STB) provides school bus transportation for public and private schools, moving more than a million students every day in both the U.S and Canada.
But the company also holds investments as a non-operator in oil and gas interests, and that’s always good for a stream of cash.
STB shares are up just 2.8% so far this year, lagging the S&P 500 by a wide margin, but this is much more of an income play, anyway. After all, the dividend yields more than 8%!
STB has been inking a bunch of new contracts lately — some of which stretch out to 15 years — and forecasts the best start to a fiscal year in the company’s history.
Read More: 5 “Smart Money” Dividend Stocks to Buy
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.
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