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September's Top Monthly Pay Dividend Stocks And Funds

Published Thu, 03 Sep 2020 12:11:53 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksSeptember's Top Monthly Pay Dividend Stocks And FundsSep. 3, 2020 12:11 PM ET|| Includes: ACP, AFIN, AGNC, AMZA, ARR, BRG, CPTA, DX, ECC, EFC, GECC, GLAD, GOOD, HRZN, KBWD, ORC, OXSQ, PBA, PCI, PFLT, PSEC, RSF, SBR, SLG, SLVO, SMHB, SUNS, XFLTby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryHere are your September U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains: 1. Stocks by-yield (64); 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 8.21%.
Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 9/1/20.
Analyst 1-year-targets revealed that investing $5k in the lowest priced five of ten top-yield MoPay US exchange equities produced 0.84% more gain than $5k invested in all ten. The little dogs ruled September!
Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities To Net 14.26% to 50.27% Gains By September 2021
Four 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 Dogcatcher yield-based strategy for this MoPay group, as graded by broker estimates this month, proved 40% accurate.
Projections based on estimated dividend amounts from $1000 invested in each of the ten highest-yielding stocks and analyst median 1yr target prices for those stocks, as reported by YCharts, produced the data points. Note: target prices from single analysts were not applied (n/a). Ten probable profit-generating trades to September 2021... 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
HORIZON TECHNOLOGY FINANCE 11.85   9.5 1.25 1.20 10.12
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
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
SABINE ROYALTY TRUST 46.22   13.4 3.44 2.90 5.98
PEMBINA PIPELINE 36.91   16.1 2.29 1.80 4.86
SL GREEN REALTY 82.69   30.0 2.76 3.40 4.12