Published Sun, 04 Oct 2020 11:09:38 -0400 on Seeking Alpha
Seeking AlphaDividend Quick PicksTop Monthly Pay Dividend October Stocks And FundsOct. 4, 2020 11:09 AM ET|| Includes: ACP, AFIN, AGNC, AMZA, ARR, BREUF, BRG, BTBIF, CPTA, DX, ECC, EFC, ETN, GECC, GLAD, GOOD, HGLB, KBWD, ORC, OXSQ, PBA, PCI, PFLT, PSEC, RSF, SBR, SLVO, SUNS, TPZ, XFLTby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryHere are your October U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains: 1. Stocks by-yield (70); 2. Stocks by price-upside (30); 3. Closed-end investments, exchange-traded funds and notes (CEICs/ETFs/ETNs) by yield >8.49% (80).
The U.S. MoPay equity population grew to 70 for October. Canadian MoPays are omitted but many Canadian firms list U.S./OTC. CEICs/ETFs/ETNs are combined US/Canadian. All show yields over 8.49%.
Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. equities; 4. Fund risks/rewards. All per prices as of 9/29/20.
Analyst one-year targets revealed that investing $5k in the lowest priced five of ten top-yield MoPay US exchange equities produced 13.72% more gain than $5k invested in all ten. The little dogs rule October!
Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities To Net 16.38% to 114.93% Gains By October 2021
Three of the ten 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 Dogcatcher yield-based strategy for this MoPay group, as graded by broker estimates this month, proved 30% accurate.
Projections based on estimated dividend amounts from $1,000 invested in each of the 10 highest-yielding stocks and analyst median one-year 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 October 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|
|AMERICAN CAPITAL AGENCY||15.64||0.0||-1.54||1.92||12.21|
|ARMOUR RESIDENTIAL REIT||17.26||0.0||-9.30||2.04||12.03|
|PENNANTPARK FLOATING RATE CAPITAL||11.68||30.0||0.39||1.14||9.81|
|SOLAR SENIOR CAPITAL||17.32||18.8||0.92||1.41||8.17|
|SABINE ROYALTY TRUST||46.22||13.4||3.44||2.90||5.98|
|BROOKFIELD REAL ESTATE SERVICES FUND TRUST UNIT||10.63||0.0||0.00||0.00||0.00|
Older articles featuring Orchid Island Capital (ORC):Orchid Island Capital Announces November 2020 Monthly Dividend and October 31, 2020 RMBS Portfolio Characteristics
No More Love For One Of These 12% Yielding REITs
Like Preferred Stocks? Cherry Hill And Two Harbors Yield Up To 9%
November's Top Monthly Pay Dividend Stocks And Funds
55 U.S. Real Estate Investment Trusts Yield Over 7% In October
AGNC Investment's Q3 2020 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric +...
Orchid Island Capital Announces Estimated Third Quarter 2020 Results, October 2020 Monthly Dividend and September 30,...
AGNC: I Keep Buying This 10% Yield
Annaly Capital's Dividend, BV, And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q4 2020 Dividend Projection)
Mortgage REITs Raise Dividends