I'm a contrarian value dividend investor at heart, which is why my real money EDDGE 3.0 portfolio is chock full of stocks the market hates, including high-risk/high-yield names such as Uniti Group (Nasdaq: UNIT), which is actually my largest holding because I consider it this year's best deep-value/high-yield investment opportunity.
Recently, a lot of readers have asked me to take a look at distressed mall REITs such as CBL & Associates Properties (NYSE: CBL), Washington Prime Group (NYSE: WPG), and Pennsylvania Real Estate Investment Trust (NYSE: PEI).
When I did a deep dive on all three, I found that there is indeed great opportunity for high-yield/high-risk investors to profit, but only one of these fallen mall REITs was worthy of a spot in my own portfolio at this... more
Investors looking for high-quality dividend growth stocks, should look first and foremost at the Dividend Aristocrats. The Aristocrats are an exclusive list of 51 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. You can see all 51 Dividend Aristocrats here.
T. Rowe Price (TROW) is on the list, and is one of just five Dividend Aristocrats from the financial sector. It has increased its dividend for 31 years in a row, including a 5.6% hike on February 16.
T. Rowe Price has a strong brand, a highly profitable business, and future growth potential.
The stock has a 2.7% dividend yield, which is above the 2.1% average dividend yield of the S&P 500 Index. And the stock also has a lower valuation than the S&P 500, meaning it could be... more
Here we are once again. Our favorite time when we get to tally up our passive income earned from the previous month. It should come as no surprise that as dividend income investors we all covet those end of quarter months as they tend to be our highest payouts throughout the year.
Looking back at the last nine months of 2017, we've seen no shortage of potential monkey wrenches thrown at this market yet it continues to chug along. It just goes to show the old adage of staying in the market reigns supreme as calls for a correction have been blaring for several years with nothing to show for it. I guess what I'm trying to say is not to fear a correction but simply accept it, as it is part of investing. This is true for all asset classes whether you hold precious metals, real... more
This research report was jointly produced with High Dividend Opportunities co-author Philip Mause.
Monroe Capital Corporation (MRCC) is a BDC which traded recently at $14.00/share. Its net asset value (or "NAV") is $14.05 per share producing a small discount at this price level. It pays a quarterly dividend of 35 cents, which produces an annual yield of 10.0%. MRCC is a solid, well-performing BDC whose price has become depressed due to factors that have been exaggerated in the market. MRCC is a strong buy at this level.
A Little History - MRCC is a post-crisis BDC that started out in 2012. It has been and is still managed by Monroe Capital, which is a large and very well regarded lender to mid-sized companies. Monroe Capital has some $4.5 billion in assets under... more
Looking for high dividend stocks in the tech world? You may have to search for quite a while - there are a few out there, but the tech sector isn't known for high dividend yields.
Since late May 2016, when we first covered North State Telecommunications (OTCPK: NORSB), (OTCPK: NORSA) in one of our articles, it has gone from $45.40 to as high as $70.00. It's one of those "sleeper" OTC stocks that has low trading volume, which may run from under 100 shares to a few thousand daily. Both shares pay the same dividend amount, but the NORSB has better liquidity.
NORSB is currently at $60.60 and is up over 33% since we first covered it. However, it has underperformed during 2017, falling 6.77% year to date:
Profile: One of the nation's 15 largest integrated... more
Real Estate Investment Trusts, or REITs, can serve as a convenient way for regular investors to profit from rental real estate while also generating income for those seeking to live off dividends in retirement.
Realty Income (NYSE: O) has become famous for its generous, secure, and steadily growing dividends (23 straight years of increases and counting), which are paid monthly and helped the company make our list of the best high dividend stocks here.
Let's take a closer look at what makes Realty Income such a safe, high-yield income investment, and as importantly, whether or not today could be a reasonable time to add the stock to a diversified high-yield portfolio.
Business Overview Founded in 1969 in Escondido, California, and going public in 1994, Realty Income is... more
Dividends are great. Eat them up!
What’s better, is knowing the companies behind the dividends. Market narratives can change a stock’s price rapidly. However, those same narratives rarely cause the dividend to be affected. I am confident these dividend champions will continue to grow:
Philip Morris outlook Philip Morris’s (PM) cash flows have been lower because they had massive capital expenditures. The expenditures were invested to build factories for the new IQOS product. Dividend raises were small because of the cash being used for the future of the company.
With the biggest expenditures behind PM, the company will reap the rewards in the future. I expect IQOS to drive revenues higher. Dividend growth should quickly follow.
In spring of 2016,... more
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis. Companies that regularly raise dividends show confidence in the potential growth of future earnings. In the past week, eleven companies on my watch list decided to increase their dividends, including two of the stocks I own. The table below presents a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend.... more
We've been watching, with great interest, how new developments have unfolded in 2017 for CrossAmerica Partners LP (CAPL), a US company which sells fuel on a wholesale and retail basis and also owns and leases gas station/convenience stores.
We've covered CAPL in previous articles - this article will update that information. CAPL's management has been steadily transitioning the company from operating retail fuel/convenience stores to a more stable, rental fee-based business.
The wholesale segment grew to represent 76% of CAPL's gross profit in Q2 '17, vs. 72% in Q2 '16. In addition, the company's rental profits increased to 43% of total gross profit vs. 39% in Q2 '16, as management converted more company owned and operated locations to rental... more
General Electric’s (GE) shares fell to fresh 52-week lows last week as investors continue to be negative about the industrial company. While negative analyst commentary and concerns over General Electric’s dividend sustainability have more heavily weighed on investor sentiment lately, I think General Electric makes for an interesting contrarian ‘Buy’ today.
General Electric is not in an enviable position, and neither are shareholders that bought into the industrial company at a much higher valuation in the past. General Electric’s shares have slumped 27.3 percent year-to-date, falling to one new low after another. Last week, General Electric hit a new 52-week low @$22.83, extending a multi-week streak of losses.
See for yourself.