Image Source Author’s Note This simulation has been done jointly with a U.S. Treasury yield simulation in a way that reflects the correlation among the 12 factors driving yields in each country. For more on the companion U.S. Treasury simulation, please contact the author. Both the Bund and the U.S. Treasury yield simulations impact foreign…
xxz114 Friday (May 3) stocks propelled higher after the Labor Department reported weaker-than-expected job growth last month and easing wage growth, buoying investors’ confidence up the Federal Reserve will eventually lower interest rates. The S&P 500 index ended at 5,128, as reading in Table 1. Table 1. Apr, May (3) 2024: M & T 3/28/2024…
ryasick British American Tobacco (NYSE:BTI) (OTCPK:BTAFF), together with the larger tobacco sector, has fallen into a major consolidation in the last year, creating an engagement opportunity for investors with a long-term investment horizon. British American Tobacco’s alternative products categories, Vuse especially, is seeing impressive growth, indicating that the company has considerable revenue and gross profit…
Wachiwit Introduction I’m sure like myself, other investors are a little impatient waiting for upside in VICI Properties (NYSE:VICI), an experiential REIT that invests primarily on the Las Vegas Strip. They’re the landlord to iconic hotel & casinos like The Venetian, Caesar’s Palace, and MGM Grand to name a few. In it’s short track record,…
PM Images/DigitalVision via Getty Images An Introduction (About SLBs) What’s one of the biggest trends in commercial real estate? The answer is sale-leasebacks, also known as SLB transactions. Realty Income (O), the largest net lease REIT in the world, estimates that the SLB market offers opportunities of more than $1.6 trillion – among S&P 500…
AlexSecret PBR stock: 7% yield and 4x P/E My last two articles on Petróleo Brasileiro S.A. (NYSE:NYSE:PBR) were published in late 2022 and early 2023. As seen in the chart below, I argued for a bullish thesis on the stock in both areas. My bullish thesis at that time was largely motivated by geographical diversification…
4kodiak/E+ via Getty Images I’ve been buying more Trinity Capital (NASDAQ:TRIN) since the internally managed venture debt BDC last declared a quarterly cash dividend of $0.51 per share, this was a 2% increase from its prior quarter and $2.04 annualized for a 13.8% dividend yield. This hike came as the Fed gears to keep base…
Andrew Rich/E+ via Getty Images Total returns are important for many investors, and that’s perfectly understandable. After all, who doesn’t like to see big unrealized gains on their portfolio statement? However, I would compare having sizable unrealized gains to having a lot of equity built up in one’s primary home or in a rental property…
JamesBrey Originally published on April 25, 2024 By Katie Klingensmith & Bill Zox, CFA After strong performance since the fourth quarter of last year, U.S. high yield spreads remain tight. However, Portfolio Manager Bill Zox tells Senior Vice President – Investment Specialist Katie Klingensmith that spreads are not the only consideration. He discusses several important…
Hathairat Dokbunnark/iStock via Getty Images Introduction I have been following Ardagh Metal Packaging (NYSE:AMBP) since the company went public through a spinoff from the Ardagh Group, which remains the company’s majority shareholder. Shareholders from day one in AMBP haven’t had a lot of reasons to be too happy yet. Yes, the company pays a handsome…
tum3123 Stocks peaked about a month ago. Since late March, the S&P 500 has been down about 3%. Nothing to write home about in terms of a market correction, but it’s generally red across the board. One area that has been a quiet outperformer lately, though, is emerging markets. In a plot twist, EM has…
CHUNYIP WONG/iStock via Getty Images Introduction After discussing Warehouses De Pauw (OTCPK:WDPSF) here on Seeking Alpha, I wanted to have a closer look at other European REITs that are flying under the radar. Montea Comm. VA (OTCPK:MONSF) also is a Belgian REIT focusing on warehouse and logistics properties, which are predominantly located in Belgium and…
peeterv Earnings of Hanmi Financial Corporation (NASDAQ: NASDAQ:HAFC) will likely decline this year on the back of margin contraction. Pressure on asset yields was already visible during the first quarter. I’m expecting the company to report earnings of $2.18 per share for 2024, down 16.8% year-over-year. Compared to my last report on the company, I’ve…
Andrii Dodonov When I last covered the PIMCO Dynamic Income Fund (NYSE:PDI), I rated the 14% yielding ETF a buy, on the grounds that it paid lots of income and stood to benefit from coming rate cuts. The high yield is still on offer, but the prospect of capital gains brought on by rate cuts…
PM Images Altria Group (NYSE:MO) has been a battleground stock for years. The bears have been winning as shares have declined by -15.76% over the past five years. This has caused the dividend yield to gradually increase as MO has increased the dividend payment on an annual basis while its share price deteriorated. One of…
JamesBrey TrustCo Bank Corp NY (NASDAQ:TRST) is still one of our favorite regional banks to trade and invest in. The market has gone through a corrective period, and some stocks have gone on sale. With regional banking, the higher for longer narrative has weighed on some quality regional banks. TrustCo Bank is a great name…
BalkansCat There is an old investment axiom to be greedy when others are fearful, and fearful when others are greedy. In the case of BCE Inc. (NYSE:BCE), it appears investors are certainly fearful, as the stock has lost an incredible 28% in the past year when the rest of the markets have been powering higher…
JillLang I’ve been buying Healthcare Realty Trust (NYSE:HR) in recent weeks as REITs pulled back in response to sticky inflation numbers and comments from the Fed that they’re willing to keep base interest rates higher for longer. HR is an internally managed medical office building (“MOB”) REIT with a 688-property portfolio at the end of…
Hammarby Studios/E+ via Getty Images Alexander’s (NYSE:ALX) has maintained its dividend through the chaos of the last few years, recently declaring a quarterly cash dividend of $4.50 per share for an 8.8% dividend yield. This yield sits significantly above ALX’s 5-year average yield of 4.83% with the New York City-focused REIT currently trading hands for…
primeimages Looking for high yield income in the small cap sector? The Russell 2000 has suffered in the rising rate era, but, with rates expected to decline sometime in 2024, small caps could return to favor in the market. Royce Value Trust (NYSE:RVT) was the first small-cap closed-end fund, managed since its inception in 1986…
Jacob Wackerhausen/iStock via Getty Images Covered call strategies have been all the rage in the ETF world as traders and investors look to juice up income with options overlay. One of the more interesting funds doing this is the REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI). FEPI is an innovative investment product that…
PonyWang The PGIM Global High Yield Fund (NYSE:GHY) is a closed-end fund that income-focused investors can purchase as a method of achieving their goal of earning spendable income from the assets in their portfolio. This is a desire of many retirees and others who are living off of their savings as opposed to primarily earning…
J Studios/DigitalVision via Getty Images Overview The healthcare sector (XLV) has lagged behind the S&P500 (SPY) for the past year and I believe this opens the door to an opportunity to capitalize on this difference. The factors contributing to the sector’s underperformance can be a wide range of things including the end of Covid, patent…
travelpixpro Thesis The first step in investing is understanding what you are buying and the risk factors involved. Say you want to buy bonds – you need to understand the difference between treasuries, corporate bonds and junk bonds in order to zone in the sector that is most suitable for your investment style. The same…
sommart Richmond Mutual Bancorporation (NASDAQ:RMBI) investment case relies highly on its above-average dividend yield compared to other regional banks, while its growth prospects and business diversification could be better. I analyzed Richmond Mutual Bancorporation back in November and concluded that its relatively high-dividend yield was the most attractive feature of its investment case. Since then,…
Gary Yeowell Vinci SA (OTCPK:VCISF, OTCPK:VCISY), which we covered last year during its ongoing recovery from the COVID-19 hit to its airport concessions, continues to make dramatic improvements thanks to passenger recovery and margin lift in its construction businesses. Order intake continues to grow within the energy, Cobra and the construction businesses. With EPC economics…
narvikk Author’s Note This simulation has been done jointly with a U.S. Treasury yield simulation in a way that reflects the correlation among the 12 factors driving yields in each country. For more on the companion U.S. Treasury simulation, please contact the author. Both the Bund and the U.S. Treasury yield simulations impact foreign exchange…
Maxxa_Satori Broadstone Net Lease, Inc. (NYSE:BNL) is a well-managed and growing industrial-focused real estate investment trust that has considerable potential for FFO expansion in 2024. Broadstone Net Lease is poised to acquire more industrial properties this year, which could fuel the trust’s FFO growth and also lead to yet another dividend hike for shareholders. I…
PM Images/DigitalVision via Getty Images It has been some time since we updated the views on Greystone Housing Impact Investors LP. (NYSE:GHI). In November 2022, we took a negative stance on the company in light of the increasing risks to fund the distribution. We maintained that into February 2023, but the large price decline after…
igoriss EPR Properties (NYSE:EPR) is an entertainment-focused real estate investment trust with a unique portfolio and income opportunities in the experiential market. The REIT has a broad footprint in various entertainment segments and produced high single digit FFO growth in 2023. The company is still seeking to reduce its exposure to movie theaters, which are…
ampueroleonardo/iStock Unreleased via Getty Images I’ve been buying Simon Property Group (NYSE:SPG) over the last few months. The shopping mall and outlet center REIT last declared a quarterly cash dividend of $1.950 per share, a 2.6% sequential hike, and $7.8 per share annualized for a 5.4% yield. SPG has raised its dividend by a 3-year…
Torsten Asmus Since late October, large-cap U.S. stocks have seen a furious 25% rally based on the idea that the Fed will soon pivot and dramatically cut interest rates. The move in stocks has been driven almost entirely by a change in valuation and not a change in underlying earnings. I’ve looked high and low…
undefined Introduction As Dynagas LNG Partners (NYSE:DLNG) hasn’t paid a dividend on its common shares since 2019, I have been focusing on the preferred shares. One of the two series of preferred shares recently moved from a fixed rate to a floating rate preferred dividend. As the preferred dividends remain very well-covered and as the…
Luca Sage/DigitalVision via Getty Images With the latest inflation report putting up an obstacle to the idea of the Fed cutting rates in June, income investors may want to hang onto their floating rate income vehicles longer. We took a look at the First Trust Senior Floating Rate Income Fund II (NYSE:FCT), a closed-end fund,…
Delpixart/iStock Editorial via Getty Images Introduction About a year ago, I published an article on Tritax Big Box REIT plc (OTCPK:TTBXF) claiming “the worst is behind us.” I had been warning about this even before real estate assets appeared to be overvalued based on a rapidly increasing interest rate on the financial markets, which traditionally…
PM Images If you find yourself in a similar situation as I am, with over 30 years to go before retirement, prioritizing dividend compounders might prove to be a superior strategy, than chasing high-yield stocks. The key criteria for my investing style is to benefit from both capital appreciation and dividends (reinvesting back in the…
Adam Gault/OJO Images via Getty Images Introduction British American Tobacco (NYSE:BTI) caught my attention due to its especially high dividend yield, so I wanted to take a look at the company’s financials and give some opinion on why the shares might be trading at such depressed levels, and why it may continue for a while…
tumsasedgars With the March CPI report showing inflation actually accelerating rather than decelerating as some had hoped, many high-yield stocks (SPYD)(SCHD) have sold off, extending their material underperformance relative to the S&P 500 (SPY) so far this year. Moving forward, it appears increasingly likely that the Fed will have to be somewhat guarded with the…
Richard Drury Rose’s Income Garden Portfolio Rose’s Income Garden “RIG” portfolio ended March with 83 stocks from all 11 sectors with a goal to keep a majority of income from defensive quality investment-grade common stock. The other investments and especially the financial sector has high yield (HY), business development companies (BDCs), a few mREITs, preferred…
PM Images Brookfield Infrastructure Partners L.P. (NYSE:BIP) is a promising passive income investment with an international profile, a diversified portfolio, resilient FFO and a low FFO payout ratio. The focus on owning and operating regulated infrastructure assets leads to long-term FFO visibility, and the company has delivered impressive distribution growth over the last decade. Brookfield…
Gunther Fraulob NextEra Energy (NYSE:NEE) is an incredible dividend growth machine. The electric utility last declared a quarterly cash dividend of $0.515 per share, a remarkable 10% hike sequentially and $2.06 per share annualized for a 3.2% dividend yield. NEE has also guided to grow its dividend by at least 10% per year for the…
JHVEPhoto/iStock Editorial via Getty Images Introduction Britvic (OTCQX:BTVCF) (OTCQX:BTVCY) is a UK-based company that owns and produces its own drink brands but also has a 20-year agreement (running until 2040) with PepsiCo (PEP) to produce, bottle and market their products in the UK and Ireland (not just Pepsi and Pepsi MAX but this also includes…
PM Images Since the beginning of 2021, Kinder Morgan’s (NYSE:KMI) shares have been stuck trading sideways between $15 and $20. Shares have still not gotten back to their pre-pandemic levels, and we’re approaching a decade of relatively flat returns. Long-term investors who have held shares for more than a decade are probably displeased with KMI…
Irina Gutyryak/iStock via Getty Images Introduction As most of my regular readers will know, I always try to incorporate the “bigger picture” into my research, as this allows me to get a good understanding of factors that may impact the stocks in our portfolios and on our watchlist. One of the most important things to…
courtneyk Due to its reliance on mortgage banking income, Meridian Corporation’s (NASDAQ:MRBK) earnings are closely related to the interest-rate cycle. Now that we’re on the verge of a down-rate cycle, chances are very high that the company’s earnings will improve. I’m expecting the company to report earnings of $1.32 per share for 2024, up 14%…
Klaus Vedfelt Main Street Capital (NYSE:MAIN) is a high0quality business development company that has delivered strong and consistent results related to its lower middle market loan portfolio in the last couple of years. Even though the BDC comfortably covers its dividend with net investment income, the stock has gotten a little bit ahead of itself…
mozcann This article series aims at evaluating ETFs (exchange-traded funds) regarding past performance and portfolio metrics. Reviews with updated data are posted when necessary. KBWD strategy Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) started investing operations on 12/02/2010 and tracks the KBW Nasdaq Financial Sector Dividend Yield Index. It has 41 holdings (including cash)…
JamesBrey Blackstone Secured Lending (NYSE:BXSL) convinces with its strong net investment income trajectory, a low pay-out ratio, top loan quality, a growing net asset value as well as a commitment to raising the quarterly dividend. Although I am not chiefly a BDC investor, I believe Blackstone Secured Lending makes a very strong value proposition for…
SARINYAPINNGAM Vanguard Long-Term Treasury Index Fund ETF Shares (NASDAQ:VGLT) is an ideal way to buy longer duration U.S. Treasury Bonds and lock in a yield of about 4.5% (SEC 30-day yield). This yield is close to what money market funds currently offer, but investors who remain in money market funds are likely to see yields…
Klaus Vedfelt At this point in the investment cycle, my preference leans significantly towards international equities over US equities, primarily due to their prolonged underperformance. Exploring international market ETFs opens up several avenues. A particularly intriguing option is investing in the ALPS International Sector Dividend Dogs ETF (NYSEARCA:IDOG). This ETF follows the S-Network International Sector…