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Monthly Pay December Dividend Stocks And Funds

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
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
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
GLADSTONE COMMERCIAL 23.28   1.0 0.02 1.50 6.56
PEMBINA PIPELINE 36.91   16.1 2.29 1.80 4.86