Auseklis/iStock Editorial via Getty Images Acadia Realty Trust (NYSE:AKR) last declared a quarterly cash dividend of $0.18 per share, in line with its prior payment and for a 4.8% dividend yield. The internally managed equity REIT has dipped by 8% over the last 1-year with a quarterly dividend that sits around 11 cents below its…
May Lim/iStock via Getty Images Ares Capital Corp (NASDAQ:ARCC) and Blue Owl Capital Corp (NYSE:OBDC) are both blue chip Business Development Companies that offer 10%-12% dividend yields. In this article, we compare them side by side and offer our take on which is the better buy right now. OBDC Stock Vs. ARCC Stock: Balance Sheet…
Zhanna Hapanovich By Sandrine Soubeyran and Robin Marshall, Global Investment Research, FTSE Russell Euro high yield (HY) credits have outperformed Euro investment grade (IG) corporate bonds, and those of other regions, both in July and since the beginning of the year. The FTSE Euro High Yield Bond index was up 1.3% and 6.5% respectively in…
abadonian DT Midstream, Inc. (NYSE:DTM) is a natural gas-focused midstream company that primarily operates in the Marcellus and Utica Basins of Appalachia, although it also has a small operation near the Haynesville Shale: DT Midstream These are two areas that are not commonly discussed in the mainstream financial media, but they are two of the…
7maru/iStock via Getty Images Main Thesis & Background The purpose of this article is to evaluate the PIMCO Municipal Income Fund III (NYSE:PMX) as an investment option at its current market price. This is a fund I keep on my radar screen because I see value in PIMCO’s CEF offerings across the board on many…
RiverNorthPhotography/iStock Unreleased via Getty Images Getty Realty Corp (NYSE:GTY) is a specialized REIT that focuses on developing, owning or financing single-tenant properties operating in 39 states in addition to DC. Almost 90% of the company’s roughly a thousand properties are gas stations, convenience stores and car wash stations (in many cases all three in one…
Daniel Grizelj/DigitalVision via Getty Images The conundrum dividend investors often face is whether to invest in high yield stocks or low-yielding stocks with fast dividend growth. This goes for both accumulators (workers) and withdrawers (retirees). All else being equal, the core question is this: Would you rather accumulate more shares over time or have fewer…
Feverpitched Introduction It’s time to talk about one of my favorite high-yielders on the market. In this case, a stock with a current yield of 7.5% and a realistic path to more than 10% in the next few years. That company is the Antero Midstream Corporation (NYSE:AM). It’s the company that owns the midstream assets…
Astronaut Images Co-authored with Treading Softly Have you ever experienced a time in your life when everything seemed to be going exactly your way? I have found that the best times in our lives often follow the toughest times. Why does this happen? When you are in tough times, you work to establish a firmer…
Kreativorks/iStock via Getty Images Introduction It has been a while since I last discussed Citizens Financial Group (NYSE:CFG) and a lot has happened in the US financial sector since. While my focus in last year’s article was on the preferred shares, the wellbeing of the bank is obviously important to ensure Citizens Financial can meet…
JamesBrey In the BDC world, there is Main Street Capital (NYSE:MAIN) and there is everyone else. Generally, no other BDC has been able to command anywhere close to the premium MAIN has. At least not in a consistent manner. NewtekOne Inc. (NEWT) briefly did try and match up, during its euphoria days, but that bubble…
Big Dividends PLUS, Blue Harbinger RonFullHD If you are an income-focused investor, Energy Transfer (NYSE:ET) offers a tempting 9.6% yield. Especially considering the stable fee-based income, the healthy distribution coverage ratio and the ongoing volume growth trajectory. However, there are variety of big risk factors that investors should consider, including debt levels, master limited partnership…
8vFanI If you’re looking to profit from rising rates, the BDC industry is worth investigating – BDCs loan money to mostly privately held companies. These loans are generally at floating rates. Another plus for BDCs is that these underlying companies usually derive must of their funding from private equity and hedge funds, and/or VC sponsors,…
SweetBabeeJay Research Brief Hidden amongst the majestic pine forests of the Pacific Northwest, an area I have visited several times, is a dividend quick pick I discovered this week among the regional banking sector. The parent firm behind regional banking brand Umpqua Bank, Columbia Banking System (NASDAQ:COLB), had its Q2 results on July 19th which…
Steve King Monroe Capital (NASDAQ:MRCC) last declared a quarterly cash dividend of $0.25 per share, in line with its prior payment and for a 13.5% annualized forward yield. Income is the prize and Monroe’s double-digit yield has moved to pandemic-era highs on the back of what’s been a 17% dip in its common shares over…
jetcityimage/iStock Editorial via Getty Images Introduction I started tracking Automotive Properties REIT (TSX:APR.UN:CA) in March of this year as I was charmed by the well-covered 6.2% dividend yield. Since that article was published, the share price of Automotive fell by 14% to the current level of C$11.15. This boosts the distribution yield to approximately 7.2%….
halbergman Innovative Industrial Properties (NYSE:IIPR) is a curious phenomenon. The cannabis REIT is generating enviable 83.3% free cash flow margins yet continues to trade near a double-digit dividend yield. The source of the weakness appears due to the never-ending cannabis bear market, as cannabis prices across the nation continue to experience weakness. Wall Street appears…
Eli Unger/iStock Editorial via Getty Images Research Brief With its fiscal Q3 earnings due out next week on Aug. 29th, today I’ll be covering the latest in my series on Canadian-based banks, and this time we turn our attention to The Bank of Nova Scotia (NYSE:BNS), also known more commonly as Scotiabank. For readers less…
TERADAT SANTIVIVUT A rising Yield Curve is what we are seeing today. The turn higher began after hitting what appears to be the low point,-1.89%, on May 4, 2023. At Friday’s close, Aug 18, 2023, it reached 1.29% or a 0.60% rise in ~3mos. This is as rapid a relief pace to pessimism as we…
emyu Investment thesis A year-to-date selloff in regional banks provides attractive investment opportunities. Despite being the largest U.S. bank outside the “Big Four”, U.S. Bancorp (NYSE:USB) also suffered a massive stock price decline in 2023 after several adverse events for the regional banking industry. The current harsh environment also weighs on the bank’s profitability, and…
DNY59 As of 20th August 2023, the U.S. 10 year treasury yield trades at approximately 4.25%, as compared to a dividend yield of ~1.5-1.6% for the S&P 500 (SP500). Moreover, even income-focused ETFs such as the popular Schwab U.S. Dividend Equity ETF (SCHD) currently fail to deliver a treasury-competitive yield. The JPMorgan Equity Premium Income…
PM Images Several people have asked me what I thought about the YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY). The questions ranged from do I think the yield is sustainable, what do I think of the strategy, and would it be making it into the Dividend Harvesting Portfolio or my main dividend portfolio? I think…
Bruce Bennett Verizon Communications, Inc. (NYSE:VZ) stock does not hold a position in my portfolio now but it will always hold a special place in my heart as it was the first-ever stock I purchased, around April 2011. I sold the stock long time ago and never got back in. I sometimes recall why I…
Keith Lance/E+ via Getty Images There is a French expression marcher sur la tête which roughly translates to it’s as logical as walking on the head. It in many ways encapsulates the current period of the US capital markets with REITs currently selling off because of healthy employment figures, strong retail sales, and resilient GDP…
jcgamache/iStock via Getty Images Overview Prudential Financial (NYSE:PRU) is a big player in the financial services sector with a value of around $33 billion. Prudential manages a wide variety of assets worth approximately $1.415 trillion as of the latest earnings news. They offer services such as asset management, insurance, and retirement advisors to customers. PRU’s…
fatido We earlier published a report on what we see as a strong growth trajectory for Redwood Trust (RWT). While we have long been aware of RWT’s presence in the jumbo mortgage market, we only revisited it because of Portfolio Income Solution’s ongoing search for the best opportunities in the Fixed-to-Floating rate preferred space. What…
The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve’s meeting minutes. Treasury yields in the US reacted differently to the Federal Reserve’s last meeting. Investors seem to weigh the implications of the minutes from the meeting, and whether or not there will be any forecast…
onurdongel Written by Nick Ackerman. TC Energy Corp. (NYSE:TRP) has certainly been struggling lately with a significant drop in their share price. In fact, it hasn’t only been a recent struggle but more in the last year, as shares are down nearly 37% as of writing. This is a company that has made an appearance…
Editor’s note: Seeking Alpha is proud to welcome Dividend Grower as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » LIVINUS/iStock Editorial via Getty Images Canadian Imperial Bank of…
Oscar Gutierrez Zozulia Investment Thesis TFS Financial Corporation (NASDAQ:TFSL) is a retail consumer banking business that deals in deposit gathering, mortgage lending, and other financial services. It has managed to sustain its solid performance despite the macroeconomic headwinds which is reflected through its financial result. The company’s operational efficiency & resilient portfolio can further help…
Makhbubakhon Ismatova Growing one’s income stream is one of the best ways to eating well and sleeping well before and during one’s retirement. That’s because while it seems everyone else is heavily invested in low-yielding index funds and/or chasing capital appreciation, the income investor gets to enjoy real cash that flows into their pocket. The…
pcess609 Introduction NextEra Energy (NYSE:NEE) is a leading company in the production of electric power and energy infrastructure in the United States and Canada. NEE’s business structure is a combination of regulated utilities and renewables that provide capacity for higher long-term growth in the future. The company’s business mainly includes FPL, one of the largest…
Torsten Asmus The 10-year Treasury yield continues to trade at a level well above CapitalSpectator.com’s fair value estimate, but the gap suggests that further increases in the benchmark rate are facing stronger headwinds. The 10-year rate closed at 4.09% yesterday (Aug. 10), modestly above the level when last month’s fair value estimate was updated (3.86%)….
photobyphm Verizon Communications (NYSE:VZ) offers a high-dividend yield that is sustainable and its shares are undervalued, being therefore a good income play right now. Company Overview Verizon is a leading telecommunications provider in the U.S., offering wireline, data services, wireless, and internet services. Its operations are reported under two main segments, namely the Consumer Group…
Editor’s note: Seeking Alpha is proud to welcome Hesham Mashhour as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » deepblue4you Thesis Strategy Shares Nasdaq 7 Handl Index ETF…
Dilok Klaisataporn A new investment opportunity has emerged, in my view, for TriplePoint Venture Growth (NYSE:TPVG) whose stock price dropped after the business development company presented second quarter earnings in the previous week. TriplePoint Venture Growth BDC remains an appealing choice for passive income investors despite an increase in bad loans, because it continues to…
Andrey Elkin/iStock via Getty Images Carlyle Secured Lending Inc (NASDAQ:CGBD) reported another set of solid quarterly results earlier this week. From these results it is clear that the BDC continued to perform well, and the dividend remains adequately covered by net investment income (NII). However, like many other BDCs, Carlyle Secured Lending saw a decline…
TkKurikawa/iStock Editorial via Getty Images Research Brief Today I’ll be re-rating a stock I covered back in May but that remains an old favorite to analyze. It has been on my watchlist in the banking sector for several years now. Morgan Stanley (NYSE:MS), which released its 2023Q2 earnings on July 18th, faced down a very…
Wasan Tita By Scott DiMaggio, CFA | Gershon M. Distenfeld, CFA | Matthew Sheridan, CFA Do high-yield bonds still make sense for income investors at this stage of the credit cycle? We think so. With the global economy slowing under the weight of central bank rate hikes, many income-seeking investors are shying away from high-yield…
shutter2photos/iStock via Getty Images Introduction I’m not sure if the relationship is linear or exponential, but the higher the yield on a stock, the more nervous it makes me, as I’ve witnessed so many people buy into high-yield investments only to figure out that most of these companies come with horrible long-term total returns. However,…
da-kuk Looking for a high yield income vehicle that’ll benefit from rising interest rates? Business development companies, known as BDCs, offer retail investors high yield exposure to private companies, and some of them, like Hercules Capital (NYSE:HTGC), focus on companies which already are backed by venture capital firms. These venture capital firms don’t want to…
zhengzaishuru Kimbell Royalty Partners (NYSE:KRP) just announced a large $455 million acquisition that should further boost (at least in the near-term) its distributable cash flow. I project that it can now generate $2.51 per unit in distributable cash flow in 2024 at current strip, which would result in a 13.1% yield at its current unit…
Torsten Asmus Black Stone Minerals, L.P. (NYSE:BSM) is expecting slightly higher production levels in 2H 2023, including higher oil cuts. This should allow it to achieve 1.1x distribution coverage during the second half of the year at current strip prices. Due to weaker hedges in 2024, there is a good chance that Black Stone’s distribution…
baphotte The Bank of Japan (BoJ) is taking the macro world for a spin. It’s shaking up its yield curve control (YCC) policy, expanding its trading band for 10-year GDP yields from a range of 50 basis points to a much broader range of 100 basis points. This is a remarkable move that introduces higher…
JHVEPhoto Research Brief With its next quarterly earnings result coming out towards the end of this month on August 29th, Bank of Montreal (NYSE:BMO) has come across my radar screen, especially after its acquisition of Bank of the West, and so today we will discuss its potential for value investors who are looking for a…
imaginima Introduction Back in April, I was quite charmed by Prysmian’s (OTCPK:PRYMY) (OTCPK:PRYMF) financial performance. Although the company is a world leader in submarine cables, its valuation was very reasonable as the stock was trading at just around 8 times EBITDA. That’s relatively low, especially knowing Prysmian has been scoring multiple new contracts in the…
ZE14361/iStock via Getty Images If you’re looking for a high-yield investment that profits from rising interest rates, the business development company sub sector has benefited greatly from higher rates in this new era. BDCs lend to privately-held companies, most of whom have co-sponsors with much larger stakes in these companies. Hence, there’s more security for…
Extreme Media Investment Outline The returns in the healthcare industry seem to have been largely muted as more and more people flocked to tech stocks instead and other exciting high-growth industries. But this has left a vacuum and upside that needs to be filled. The share price of GSK plc (NYSE:GSK) is down 15% on…