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Monthly Pay Dividend Dogs High Yields & Weak Gains End August

Published Tue, 30 Aug 2016 23:25:30 -0400 on Seeking Alpha

SML MoPay Dog Equities
Yield (dividend / price) results from here verified by Yahoo Finance for 63 monthly dividend paying Small, Mid, & Large cap (MoPaySML) stocks as of market closing prices 8/19/16 revealed actionable conclusions discussed below. Small cap firms were valued at $200M(illion) to $2B(illion); Mid cap firms were worth $2B to $10B; Large caps were valued above $10B. The same scale was used to select funds, trusts, and notes based on their total assets under management.

Dividend Dogs Rule
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs."
August 26 MoPay Accounting
See my most recent Dow 30 article for an 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 include popular growth equities, as desired.
Dog Metrics Revealed Bargains
Sixty-three small, mid, and large cap monthly dividend paying equities were pulled from 755 equities of all sizes for this article. Closed End Funds, ETFs and ETNs were excluded here and... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
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
ING GLOBAL EQUITY DIVIDEND & PREMIUM OPP 6.37   0.0 0.00 0.00 11.47
NICHOLAS-APP CONV & INCOME 5.68   0.0 0.00 0.00 10.90
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
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
STUDENT TRANSPORTATION 7.49   28.8 0.26 0.44 7.07
COCA-COLA 55.11   33.6 1.64 1.60 2.94
MERCK & CO 83.31   23.3 3.57 2.20 2.69
PROCTER & GAMBLE 122.77   90.3 1.36 2.98 2.49
INTEL 53.01   12.4 4.29 1.26 2.43
MCDONALDS 212.15   27.9 7.61 4.64 2.21
CORUS ENTERTAINMENT 4.13   0.0 0.00 0.00 0.00

CORNERSTONE STRATEGIC VALUE FUND - CLM
CORNERSTONE STRATEGIC VALUE FUND - CLM  


Older articles featuring Cornerstone Strategic Value Fund (CLM):
Seeking Yield With Safety
Bear Market Thoughts: Is Closed-End Fund Investing 'Chasing Yield?'
Income Lab Ideas: Dividend Reinvestment Plan
Equity CEFs: Where's The Beef In The Delaware Dividend & Income Fund?
Weekly Closed-End Fund Roundup: JQC Boosts Yield To 16%
Virtus Total Return Has A 13% Distribution Yield But Trades At A 6% Discount
The Chemist's CEF Report - July 2018: Treasury Yield Spread Continues To Narrow
Follower Favorite Top Dogs Spot An Industrial For Gains Plus A REIT ETF For Yield In July
Dividend Dog Followers Use New Ways To Put Their Favorite Dogs In Print
Dividend Dog Followers Get More Ways To Put Their Favorite Underdogs In Print

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