Daily dividend news for investors in dividend stocks
Published Wed, 31 Jul 2019 10:42:41 -0400 on Seeking Alpha
Actionable Conclusions (1-10): Analyst Targets Predicted 34% To 110% Net Gains For Ten Top Renaissance Dividend Dogs Come August 2020
Five of ten top Renaisance-held dividend stocks by yield were among the top ten gainers for the coming year based on analyst 1-year target prices. (They are tinted gray in the chart below). Thus, this yield-based forecast for these Renaissance dogs was graded by Wall St. Wizards as 50% accurate.
Projections were based on estimated dividends from $1000 invested in each of the highest yielding stocks and their aggregate one year analyst median target prices, as reported by YCharts. Note: one-year target prices by lone analysts were not applied. Ten probable profit-generating trades projected to July 26, 2020 were:
Mammoth Energy Services (TUSK) was projected to net $1,100.60, based on a median of target price estimates from nine analysts, plus dividends, less broker fees. A beta number was not available for TUSK.
Enviva Partners LP (EVA) netted $477.42 based on the median of estimates from ten analysts, plus dividends. The Beta number showed this estimate subject to volatility, 9% less than the market as a whole.
Black Stone Minerals LP (BSM) was projected to net $462.17, based on the median of target estimates from six analysts, plus dividends, less broker fees. The Beta number showed this estimate subject to risks 43% less than the market as a whole.
China Petroleum & Chemical (SNP) was projected to net $434.86,... Read more
Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
BP PRUDHOE BAY ROYALTY TRUST | 9.12 | 2.2 | 4.14 | 2.20 | 23.88 | |||||||
CHERRY HILL MORTGAGE INVESTMENT | 13.52 | 0.0 | -3.91 | 1.60 | 14.40 | |||||||
ALLIANCE RESOURCE PARTNERS L.P. | 15.86 | 4.5 | 3.49 | 2.16 | 12.95 | |||||||
AMERICAN CAPITAL AGENCY | 15.64 | 0.0 | -1.54 | 1.92 | 12.21 | |||||||
KNOT OFFSHORE PARTNERS LP | 18.65 | 12.0 | 1.55 | 2.08 | 11.07 | |||||||
ENABLE MIDSTREAM PARTNERS LP | 11.96 | 10.0 | 1.20 | 1.32 | 10.85 | |||||||
CHINA PETROLEUM & CHEMICAL | 61.69 | 9.6 | 6.42 | 2.71 | 4.91 |