Published Sun, 04 Sep 2016 08:10:03 -0400 on Seeking Alpha
The Dividend Dogs Rule
Stocks earned the "dog" moniker by 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."
September MoPay Dividend Dog Data
Three buy and hold lists discussed below produced ten actionable conclusions. To draw these conclusions, August 1 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: Gold Resource (NYSEMKT:GORO) cut dividends 80% from $.01 to $.002 per month January 6 then to $.0016 February 6; also Hugoton Royalty Trust (NYSE: HGT) declared no cash dividends January 19... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|CORNERSTONE TOTAL RETURN FUND||15.91||0.0||0.00||3.43||19.95|
|CORNERSTONE STRATEGIC VALUE FUND||15.92||0.0||0.00||0.00||17.49|
|ORCHID ISLAND CAPITAL||10.08||48.0||0.21||1.68||16.62|
|STONE HARBOR EMERG MARKET FUND||15.81||0.0||0.00||0.00||13.71|
|PIMCO HIGH INCOME FUND||8.54||0.0||0.00||0.00||11.35|
|AMERICAN CAPITAL AGENCY||19.84||10.9||1.82||2.16||10.96|
|GABELLI GLOBAL GOLD NAT RES & INC TRUST||5.51||0.0||0.00||0.00||10.85|
|ARMOUR RESIDENTIAL REIT||22.23||0.0||-1.69||2.28||10.36|
|ING GLOBAL EQUITY DIVIDEND & PREMIUM OPP||7.20||0.0||0.00||0.00||10.17|
|STELLUS CAPITAL INVESTMENT||14.20||7.6||1.86||1.36||9.40|
|PENNANTPARK FLOATING RATE CAPITAL||13.65||9.0||1.51||1.14||8.26|
|FIFTH STREET SENIOR FLOATING RATE||8.68||27.1||0.32||2.28||5.36|
|FIFTH STREET FINANCE||4.63||0.0||-0.55||0.08||1.71|
Older articles featuring Cornerstone Total Return Fund (CRF):Buffett Puts Market's Valuation In Context With Earnings Yield Vs. 10-Year
U.S. Equities Vs. U.S. Yield Curve
Will A 3% Yield Crash The Stock Market?
After QE Comes Yield Curve Targeting By Both The Fed And The Treasury
Update: The National Dividend Through December 2016
Dollar Breaks Below 100 With Rising Yields, Is Wholesale US Treasury Dump Coming?
Dividends Indicate Diminishing Distress In U.S. Economy
Fredrik Followers Find Dividend Payers With High Gains: X; DHT; STO; NRF; SBUX Tops In September
Monthly Dividend Dogs: Three Lists For August
Dividends & Income Digest: High Yield Income Ideas Series, Part 2 - John Cole Scott Pulls The Cloak Off Closed-End...