Daily dividend news for investors in dividend stocks
Published Sun, 05 Jun 2016 14:06:51 -0400 on Seeking Alpha
Dividend Dog Rules Declared
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) whose prices fell to where (3) yield (dividend/price) grew higher than their peers (such as this sector leader collection). Thus, the highest yielding stocks in any collection became known as "dogs."
June Dividend Dog Data
Three buy and hold lists discussed below produced ten actionable conclusions. To draw these conclusions, June 3 closing price and estimated annual dividends were referenced. Monthly pay (MoPay) stock (1) yield and (2) upside potential lists were compared and contrasted against (3) a high yield (and higher risk) MoPay buy and hold fund, trust, and preferred list.
Monthly Pay Dividend Qualities
Quarterly, Semi-Annual and Annual dividend investors anxiously await announcements from a firm, fund, or brokerage to learn if their next dividend will be higher, lower, or paid at all. Monthly pay stocks, funds, trusts, and partnerships inform the holder every four and one third weeks by check and/or statement. If the entity reduces or suspends a payment, the holder can sell out of the investment immediately to cut future losses.
This advantage has been curtailed when companies suddenly cut monthly dividends to save cash. Some 2016 examples were: GORO cut dividends 80% from $.01 to $.002 per month January 6 then to $.0016 February 6; also HGT declared no cash dividends January 19 and February 19;... Read more
Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
WHEELER REIT | 1.35 | 0.0 | 0.00 | 1.36 | 95.17 | |||||||
CORNERSTONE STRATEGIC VALUE FUND | 11.65 | 0.0 | 0.00 | 0.00 | 21.09 | |||||||
ORCHID ISLAND CAPITAL | 5.58 | 0.0 | -0.29 | 0.96 | 17.75 | |||||||
STONE HARBOR EMERG MARKET FUND | 13.46 | 0.0 | 0.00 | 0.00 | 16.01 | |||||||
GABELLI GLOBAL GOLD NAT RES & INC TRUST | 4.44 | 0.0 | 0.00 | 0.00 | 13.48 | |||||||
CAPITALA FINANCE | 8.19 | 0.0 | -3.13 | 1.00 | 12.46 | |||||||
AMERICAN CAPITAL AGENCY | 15.64 | 0.0 | -1.54 | 1.92 | 12.21 | |||||||
ARMOUR RESIDENTIAL REIT | 17.26 | 0.0 | -9.30 | 2.04 | 12.03 | |||||||
CLOUGH GLOBAL EQUITY FUND | 11.85 | 0.0 | 0.00 | 0.00 | 11.65 | |||||||
ING GLOBAL EQUITY DIVIDEND & PREMIUM OPP | 6.37 | 0.0 | 0.00 | 0.00 | 11.47 | |||||||
PROSPECT CAPITAL | 6.71 | 16.8 | 0.40 | 0.72 | 10.76 | |||||||
NICHOLAS-APP CONV & INCOME II | 5.09 | 0.0 | 0.00 | 0.00 | 10.57 | |||||||
STELLUS CAPITAL INVESTMENT | 13.45 | 8.2 | 1.65 | 1.36 | 10.16 | |||||||
HORIZON TECHNOLOGY FINANCE | 11.85 | 9.5 | 1.25 | 1.20 | 10.12 | |||||||
PENNANTPARK FLOATING RATE CAPITAL | 11.68 | 30.0 | 0.39 | 1.14 | 9.81 | |||||||
PIMCO HIGH INCOME FUND | 7.80 | 0.0 | 0.00 | 0.00 | 9.34 | |||||||
WHITESTONE REIT | 13.84 | 25.2 | 0.55 | 1.14 | 8.62 | |||||||
GLADSTONE INVESTMENT | 12.34 | 7.4 | 1.67 | 0.82 | 6.73 | |||||||
INDEPENDENCE REALTY TRUST | 14.04 | 35.1 | 0.40 | 0.72 | 5.25 | |||||||
JMP GROUP | 3.58 | 18.8 | 0.19 | 0.16 | 4.51 |