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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 |