Daily dividend news for investors in dividend stocks

Your Monthly Pay Dividend Dogs And Top Funds For April

Published Tue, 24 Mar 2020 21:44:51 -0400 on Seeking Alpha

Here are April's U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >11.45% (80).
U.S. MoPay equities are neither bigger nor better. Canadian MoPays are omitted but many Canadian firms are U.S. listed OTC. CEICs/ETFs/ETNs are combined US/Canadian limited to yields over 11.45%.
Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 3/23/20.
Analyst annual-targets revealed that investing $5k in the lowest priced five of ten top yield MoPay US exchange equities produced 74.5% less gain than $5k invested in all ten.
Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities To Net 135.36% to 370.15% Gains By April 2021
Five of the ten top-yield MoPay stocks (shaded in the chart below) were verified as being among the top-ten gainers for the coming year based on analyst one-year target prices. Thus, the yield-based strategy for this MoPay group, as graded by broker estimates for this month, proved 50% accurate.
Projections based on estimated dividend amounts from $1000 invested in each of the ten highest yielding stocks and the one-year analyst median target prices for those stocks, as reported by YCharts, produced the data points. Note: one-year target prices from single analysts were not applied (n/a). Ten probable profit-generating trades to April 2021 were:
Source: YCharts

Colony Credit Real Estate (CLNC) netted $3.701.52 based on dividends plus the median of annual price estimates from two analysts less broker fees. A Beta number was not available for CLNC.
Capitala Finance Corp. (CPTA) netted $3,194.36 based on a median of target price estimates from six analysts, plus dividends less broker fees. The Beta number showed this estimate subject to risk 28% more than the market as... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ORCHID ISLAND CAPITAL 5.58   0.0 -0.29 0.96 17.75
EAGLE POINT CREDIT 16.14   0.0 -1.13 2.40 14.64
PACIFIC COAST OIL TRUST 2.01   5.9 0.34 0.29 14.36
CAPITALA FINANCE 8.19   0.0 -3.13 1.00 12.46
ARMOUR RESIDENTIAL REIT 17.26   0.0 -9.30 2.04 12.03
STELLUS CAPITAL INVESTMENT 13.45   8.2 1.65 1.36 10.16
PENNANTPARK FLOATING RATE CAPITAL 11.68   30.0 0.39 1.14 9.81
ELLINGTON FINANCIAL 17.90   16.3 1.10 1.68 9.44
GLADSTONE CAPITAL 9.50   63.3 0.15 0.84 8.84
WHITESTONE REIT 13.84   25.2 0.55 1.14 8.62
SOLAR SENIOR CAPITAL 17.32   18.8 0.92 1.41 8.17
EPR PROPERTIES 77.15   22.8 3.38 4.50 5.84
JMP GROUP 3.58   18.8 0.19 0.16 4.51


Older articles featuring Orchid Island Capital (ORC):
Your Top Monthly Pay Dividend Stocks And Funds In July
Annaly Capital's Dividend, BV, And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q3-Q4 2020 Dividend Projection)
REML And MREITs Offer High Yields Or A Chance For Gains
Dividends Are Back
Top Monthly-Paying Dividend Stocks And Funds For June
Annaly Capital's BV, Dividend, And Valuation Vs. 17 mREIT Peers - Part 1 (Post Q1 2020 Earnings - Very Attractive...
Top Monthly Paying Dividend Stocks And Funds, Your Mid-May Update
Dividends By The Numbers In April 2020
Top Monthly Paying Dividend Dogs And Funds For May
Dividend Cuts At The Midpoint Of April 2020