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Top Monthly-Paying Dividend Stocks And Funds For June

Published Tue, 16 Jun 2020 07:35:14 -0400 on Seeking Alpha

Here are your June U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains: 1. Stocks by-yield (77), 2. Stocks by price-upside (30), 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.5% (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 and all show yields over 8.5%.
Items: 1. Top MoPay stock gains, 2. Overall best MoPay gainers, 3. Funds vs.Equities, 4. Fund risks/rewards. All per prices as of 6/12/20.
Analyst annual targets revealed that investing $5k in the lowest priced five of 10 top yield MoPay US exchange equities produced 14.85% LESS gain than $5k invested in all 10.
Actionable Conclusions (1-10): Brokers Estimated Top 10 MoPay Equities To Net 12.8% to 29% Gains By June 2021 Five of the 10 top-yield MoPay stocks (shaded in the chart below) were verified as being among the top 10 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 $1k invested in each of the 10 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). 10 probable profit-generating trades to June 2021 were:

Source: YCharts
American Finance Trust (AFIN) netted $290.00, based on dividends plus the median of annual price estimates from three analysts less broker fees. The Beta number showed this estimate subject to risk/volatility 42% greater than the market as a whole.
Ellington Financial Inc. (EFC) netted $287.54 based on dividend, plus the median of target prices estimated by seven analysts, less broker fees. The Beta number showed this estimate... 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
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
DYNEX CAPITAL 15.16   0.0 -10.26 1.80 12.06
ARMOUR RESIDENTIAL REIT 17.26   0.0 -9.30 2.04 12.03
PROSPECT CAPITAL 6.71   16.8 0.40 0.72 10.76
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
SOLAR SENIOR CAPITAL 17.32   18.8 0.92 1.41 8.17
GLADSTONE COMMERCIAL 23.28   1.0 0.02 1.50 6.56


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