Motley Fool recently published an article titled “3 High-Yield Dividend Stocks I’d Buy Right Now.”
In the article, the author states that, “As a strong bull market pushes many stocks to new 52-week highs, the average yield on the S&P 500 still sits only around 1.6%.” He also makes note of the fact that many companies have suspended or even cut their payouts due to the pandemic and resultant economic turmoil.
And while things may look uncertain, he believes there are still some safe, income-generating investments for those seeking some recurring cash flow.
In the spirit of diversification and “relatively high yields and strong businesses,” his picks cover health care, packaged foods, and even utilities. These include Pfizer (NYSE: PFE), Campbell Soup (NYSE: CPB), and Public Service Enterprise Group (NYSE: PEG).
There’s one other pick not on the author’s radar that’s worth looking into. High yields, a promising business model, and a multibillion-dollar industry make industrial water powerhouse OriginClear, Inc. (OTC Pink: OCLN) very encouraging.
OriginClear, Inc. (OTC Pink: OCLN) has acquired world rights to patented water systems technology and a 25-year-old company in Texas with a sterling reputation as a builder of custom industrial water treatment plants, generating close to $4 million per year in sales and flying under Wall Street’s radar.
Water in our country is in trouble. Flint, Michigan is far from alone. Cities can’t keep up with water needs, and the funding gap is growing by more than $100 billion a year.
The solution? Self-help. Faced with broken municipal systems, businesses all over America are taking their water in their own hands, with the help of advanced, compact systems from pioneers like OriginClear (OTC Pink: OCLN).
With the help of their breakthrough technology and their own “bank” now in development, the high-tech veterans at OriginClear are transforming the slow-moving water industry, just like the hotel industry before Airbnb (NASDAQ: ABNB), and the taxi industry before Uber (NYQ: UBER), by making FUNDING much easier and revolutionizing how water deals are done.
In 2020, OriginClear showed it could create a water career for COVID-orphaned entrepreneurs and is now building a multi-million-dollar fund to finance water investments so that companies can simply “pay as they go” and only for what they use.
OriginClear refers to this as Water as a Service (WaaS), and their finance company already has received preliminary commitments for $3 million, with more on the way.
According to the Company, water companies are historically a very “safe” investment, virtually recession-proof as unregulated water rates are growing faster than inflation, and this is good for the industry. OriginClear is leading the fast-growing business of helping industry cope with its own pollution.
OriginClear’s primary revenues are from its Texas base, which despite COVID interruptions, are running 14% ahead of 2019… more than $3 million for the nine months ended September 30, 2020 compared to about $2.7 million for the same period last year.
For the same period, gross profits grew by 20% and the company’s losses from operations decreased by 5% to $2,682,435 as deep-pocketed investors continued to bet aggressively on this disruptive play and its popular high-dividend offerings for both accredited and unaccredited investors.
OriginClear’s market capitalization is about $2 million, and trading volume is about 350,000 shares daily, while non-objecting shareholders exceed 8,000.
Water as a Service is expected to help the water industry explode, and OriginClear, Inc. (OTC Pink: OCLN) intends to be a leader in this promising space.
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