Daily dividend news for investors in dividend stocks

BDC Top Dividend Dog Is Medallion Again In June

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
MEDLEY CAPITAL 4.14   0.0 -0.97 0.64 15.31
GARRISON CAPITAL 7.84   23.1 0.34 1.12 14.03
CAPITALA FINANCE 7.11   64.6 0.11 1.00 13.92
TICC CAPITAL 5.98   7.0 0.85 0.80 13.54
KOHLBERG CAPITAL 2.96   49.3 0.06 0.40 12.74
STELLUS CAPITAL INVESTMENT 11.43   6.8 1.68 1.36 11.40
HORIZON TECHNOLOGY FINANCE 10.37   18.2 0.57 1.20 11.34
APOLLO INVESTMENT 5.24   15.4 0.34 0.60 11.15
NEWTEK BUSINESS SERVICES 16.89   0.0 0.00 1.60 10.19
PENNANTPARK INVESTMENT 6.95   9.9 0.70 0.72 10.10
GLADSTONE INVESTMENT 9.95   6.6 1.52 0.78 7.75
OXFORD LANE CAPITAL 10.05   5.4 1.87 0.54 5.34
MEDALLION FINANCIAL 4.54   26.7 0.17 0.00 0.00


Older articles featuring Medley Capital (MCC):
This High-Yield BDC Will Be Cutting Its Dividend Soon
Rising Rates Driving Higher Earnings In The High-Yield BDC Sector
41 'Safer' Dividend 10%+ Yield Stocks Jump For January
Financial Services 'Safer' Dividend Top Gainers Are Capitala, Medley M, Alcentra, KCAP, & Medley C, Per...
The High-Yield BDC Sector Is Ready To Rally In 2018
Tax-Loss Harvesting For The High-Yield BDC Sector In 2017?
35 Of 100 Financial Services Stocks 'Safer' For Dividends In November
11%-Yielding BDC: Worth The Continued Credit Issues?
Financial Services' 'Safer' Dividend Top Gain Dogs Are Capitala And Medley, As Per Broker Targets For...
Medley Capital: Discount To NAV Even Under Conservative Assumptions Plus 11% Yield