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Monthly-Paying Dividend Dogs: October Lists

Published Sun, 02 Oct 2016 19:06:31 -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."

October MoPay Dividend Dog Data
Three buy and hold lists discussed below produced ten actionable conclusions. To draw these conclusions, September 30 closing price and estimated annual dividends were referenced. Monthly pay (MoPay) equity (1) yield and (2) upside potential lists were compared and contrasted against (3) a high yield (and higher risk) MoPay CEFs/ETFs/ETNs 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; Nasdaq suspended trading of UDF February 18 (after an... 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
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
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
STELLUS CAPITAL INVESTMENT 13.45   8.2 1.65 1.36 10.16
PIMCO HIGH INCOME FUND 7.80   0.0 0.00 0.00 9.34
GLADSTONE CAPITAL 9.50   63.3 0.15 0.84 8.84


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The Stunning Story Of Retail eREITs And Why Total Return Matters Even For Dividend Growth Investors - Part II
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Buy Good Dividend Stocks, Not Failures
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