Daily dividend news for investors in dividend stocks
Published Fri, 20 Mar 2020 13:02:07 -0400 on Seeking Alpha
These dividend dog 10%+Yield@$5-$15 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the last reported dividend if a dividend is cut.
Analyst target net-gain estimates for these bargain basement dogs 3/18/20 ranged 272.7%-497% for NUS, HESM, CORR, FTAI, TRTX, PMT, FUN, EPR, SPH, and top pick, RHP, per YCharts dividend data.
Top-ten 10%+Yield@$5-$15 priced firms by yield, CAPL, SBRA, TRTX, CORR, EFC, EPR, PMT, NRZ, NS, and top dog, IVR ranged 29.21%-36.76%.
Top-ten 10%+Yield@$5-$15 priced firms by broker target prices, HESM, OUT, CORR, TRTX, FTAI, PMT, EPR, FUN, RHP, and top dog, SRG averaged 331.62%.
$5k invested 3/18/20 in the lowest-priced five 10%+Yield@$5-$15 equities of ten by yield, showed 4.4% LESS projected net gain than from $5k put in all ten. The high-price bargain basement dividend dogs held the lead again for March.
Foreword
A reader of August's high-yield, low priced dividend dog list said this is "dangerous advice". Hence, it is to be used at your own risk.
I have always advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you have the stuff of legends and horror stories. Especially in light of YCharts declaration that YCharts allows a dividend yield to persist for 365 days after the most recent reported dividend if a dividend is cut. Therefore, a few line items you see calculated here could be totally inaccurate.
This March list, unlike those previously posted, found no stocks to reject reporting annual returns lower than 0%. Many this month showed yields greater than 25% and were not removed, though those dividends are the most likely to be cut or curtailed.
Happy hunting, and beware of the numbers put up by the top twenty by yield on this list of 99. In short, this is risky business. These are Dogs of the Low, not of the Dow. These dogcatcher metrics are set to snag the most unloved an unpopular curs as a contrarian stock... Read more
Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
NEW RESIDENTIAL INVESTMENT | 14.98 | 18.0 | 0.83 | 2.00 | 13.28 | |||||||
CROSSAMERICA PARTNERS LP | 17.25 | 31.4 | 0.55 | 2.10 | 12.24 | |||||||
INVESCO MORTGAGE CAPITAL | 15.18 | 0.0 | -1.01 | 1.80 | 11.80 | |||||||
SUBURBAN PROPANE PARTNERS | 23.78 | 21.8 | 1.09 | 2.40 | 10.31 | |||||||
ELLINGTON FINANCIAL | 17.90 | 16.3 | 1.10 | 1.68 | 9.44 | |||||||
NUSTAR ENERGY | 26.89 | 0.0 | -6.61 | 2.40 | 8.95 | |||||||
PENNYMAC MORTGAGE INV TRUST | 22.24 | 9.5 | 2.35 | 1.88 | 8.50 | |||||||
SABRA HEALTHCARE REIT | 22.49 | 204.4 | 0.11 | 1.80 | 8.28 | |||||||
CEDAR FAIR LP | 54.70 | 18.4 | 2.98 | 3.70 | 6.69 | |||||||
CORENERGY INFRASTRUCTURE TRUST | 45.81 | 18.6 | 2.47 | 3.00 | 6.44 | |||||||
EPR PROPERTIES | 77.15 | 22.8 | 3.38 | 4.50 | 5.84 | |||||||
RYMAN HOSPITALITY PROPERTIES | 81.48 | 16.1 | 5.05 | 3.60 | 4.46 |