Published Wed, 08 Jun 2016 17:57:47 -0400 on Seeking Alpha
The Scoop On BDC's
Yield (dividend / price) results from Yahoo Finance as of market closing prices June 7 for Business Development Company Stocks listed here were gauged by dog metrics to reveal the actionable conclusions that follow.
After June 2014, when the Acquired Fund Fees and Expenses (AFFE) proviso of the SEC prompted both the Russell and S&P 500 publishers to remove over 40 BDC dogs from their primary equity indices, it became appropriate to track BDC progress as a pack. This is the latest of those ongoing progress reports.
Forty-seven For the Money
Since late 2011, a series of Arnold reports showed results of dog dividend methodology used to uncover possible buy opportunities in each of eight major market sectors listed by Yahoo Finance. Reader suggestions inspired our first dividend dog analysis of the Business Development Company industry within the YahooFinance financials (Fins) sector (or Morningstar's Financial Services sector) after August 2014. This article followed up.
Written to reveal bargain stocks to buy and hold one full year, this article is supported by previous efforts. See Dow 30 article for explanation of the term "dogs" for stocks reported based on Michael B. O'Higgins book "Beating The Dow" (HarperCollins, 1991), now named Dogs of the Dow. O'Higgins system works to find bargains in any collection of dividend paying stocks. Utilizing analyst price upside estimates expanded the stock universe to... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|OXFORD LANE CAPITAL||10.86||1.8||6.16||2.40||22.20|
|FIFTH STREET FINANCE||5.49||0.0||-0.45||0.72||13.16|
|HORIZON TECHNOLOGY FINANCE||10.86||0.0||-0.16||1.20||10.98|
|NEWTEK BUSINESS SERVICES||15.88||5.6||2.85||1.60||10.28|
|STELLUS CAPITAL INVESTMENT||13.40||10.2||1.32||1.36||10.18|
Older articles featuring Oxford Lane Capital (OXLC):Stocks Trading Ex-Dividend on 6/14/2016
High Yield CEF 4-Year Total Returns
Analysts Name Capitala Finance Best BDC Dividend Dog In March
Johnson & Johnson Ties AT&T As 'Follower Favorite' Dividend Dog For March
Stocks Trading Ex-Dividend on 3/14/2016
Stellus Best BDC Dividend Dog For January, Analysts Say
Top BDC Dividend Dog, Oxford, Yields 21% As Of November 24
Oxford Lane Capital And Eagle Point Keep Churning Out The Cash, While High Yield Market Jitters Drag Down NAVs
Top 10 BDC Dividend Dogs Average 39% Upsides And 50% Net Gains As Of October 19, 2016
Top 10 BDC Dividend Dogs Yield 13.4% To 20.4% As Of October 19