Published Wed, 02 Dec 2020 10:37:00 -0500 on Seeking Alpha
Seeking AlphaDividend Quick PicksMonthly Pay December Dividend Stocks And FundsDec. 2, 2020 10:37 AM ET|| Includes: ACP, AGNC, AMZA, ARR, CRT, DVVDF, DX, ECC, EFC, GECC, GOOD, HGLB, HRZN, JQC, ORC, OXLC, OXSQ, PBA, PCI, PFLT, PRT, PSEC, RSF, SLVO, SMHB, SUNSby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryDecember's U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (73); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.10% (80).
The December U.S. MoPay population grew to 73. 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 8.10%.
Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 11/25/20.
Analyst 1-year-targets revealed that investing $5k in the lowest priced five of ten top-yield MoPay US exchange equities produced 6.73% LESS gain than $5k invested in all ten. The bigger (costlier) dogs rule December.
Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities Could Net 9.86% to 18.26% Gains By December 2021
Six 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 60% accurate.
Projections based on estimated dividend amounts from $1,000 invested in each of the ten highest-yielding stocks plus 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 December 2021 were:
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|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|
|OXFORD LANE CAPITAL||9.73||0.0||0.00||1.62||16.65|
|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|
|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|
|CROSS TIMBERS ROYALTY TRUST||9.49||7.9||1.20||0.86||8.61|
|SOLAR SENIOR CAPITAL||17.32||18.8||0.92||1.41||8.17|
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