MicroStockHub Looking at the weekly close of the 10-year US Treasury yield, the final yield print this week at 4.30% is the highest weekly closing yield since the 4.47% close in late November ’23. Last Friday, March 8, ’24, the 10-year Treasury yield closed at 4.09%, so if the S&P 500 gets a little wobbly…
Suphanat Khumsap/iStock via Getty Images The disruption in liquefied natural gas, or LNG, markets in 2022 stemming from Russia’s invasion of Ukraine caused LNG shipping prices to increase. Higher rates allowed FLEX LNG Ltd. (NYSE:FLNG) to secure higher long-term charter rates for its vessels. Company Profile: Flex LNG Ltd. is an LNG shipping company with…
cherrybeans Nine times out of 10, I don’t recommend pursuing high-yield dividend stocks. Not when it comes to real estate investment trusts (“REITs”) or when it comes to non-REITs. I’m a safety-first kind of guy, and chasing yield alone is the opposite of safety. As I write in REITs for Dummies, sucker yields refer to…
NicoElNino/iStock via Getty Images Both BCE Inc. (BCE, BCE:CA) and Vodafone (VOD) telecommunication companies are struggling, this article is to show how they compare and that they might soon have the same 8% yield. I give a Rose recommendation for owning them and what action I might take. I wrote how BCE was struggling in…
jacoblund/iStock via Getty Images Investment Thesis Have you ever imagined having a diversified dividend portfolio that not only offers an elevated likelihood of favorable investment results due to its reduced risk level, but also the potential to enhance your lifestyle? For example, allowing you to attend your favorite team’s next baseball, basketball, or football game…
metamorworks Stellus Capital Investment Corporation (NYSE:SCM) is a well-managed business development company with a focus on middle-market companies. The BDC just released earnings for the last quarter which showed that the dividend remained well-covered by core net investment income. The BDC still profits from a higher-rate environment, thanks to an aggressive floating-rate posture, and Stellus…
PM Images The market continues to rally in 2024 as the S&P 500 is up 7.42%, and the Nasdaq has climbed 7.15% YTD. While the bears think the Nasdaq above 16,000 and the S&P above 5,000 are unsustainable, we could very well be in the early innings of a multi-year bull cycle. Corporate earnings continue…
imaginima Co-authored with “Hidden Opportunities.” In the realm of retirement planning, dividends stand as stalwart pillars of financial stability, offering a steady stream of income that can weather the storms of market volatility. Much like a juggernaut carving its path through turbulent waters, reliable dividends provide investors with a sense of security and predictability, crucial…
georgeclerk Zero-days-to-expiration or 0DTE options now represent close to half of the overall volume in the options market. As speculation and bullish sentiment return to markets after a bear market in 2022 and so many doubters during last year’s 26% S&P 500 total return. One new ETF seeks to take advantage of the put side…
Dilok Klaisataporn The Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) invests in S&P 500 components and writes covered calls on 35% – 75% of its holdings. Doing so boosts the fund’s distribution yield to 7.6%, but moderately reduces potential capital gains. SPXX’s strategy seems reasonably sustainable, with fund distributions and NAVs seeing positive growth since…
airdone Blackstone Mortgage Trust, Inc. (NYSE:BXMT) proved its value to passive income investors in February with a well-received earnings release for 4Q-23: The commercial mortgage real estate investment trust comfortably covered its dividend pay-out with distributable earnings, though it was forced to increase its CECL reserve for credit losses again. With that being said, Blackstone…
MicroStockHub/iStock via Getty Images This article series aims at evaluating ETFs (exchange-traded funds) regarding the relative past performance of their strategies and metrics of their current portfolios. Reviews with updated data are posted when necessary. FTHI strategy First Trust BuyWrite Income ETF (NASDAQ:FTHI) is an actively managed fund launched on 1/6/2014. It currently holds 179…
8vFanI Business Development Companies, BDCs, have had a bit of a windfall from rising rates in 2023 due to the fact that most of them have a high % of floating rate investments, with a lower rate of floating rate borrowings. Company Profile BlackRock TCP Capital Corp (NASDAQ:TCPC) is an externally-managed specialty finance company focused…
We Are UK’s Legal & General Group ( OTCPK:LGGNY) (OTCPK:LGGNF) (LGEN on LSE) yields close to ~8.5% at the time of writing. The company is committed to raising its dividend by 5% in both 2023 (the final part is payable in May 2024) and 2024. Is this trend sustainable in the longer term? And can…
LSOphoto/iStock via Getty Images Introduction Global Medical REIT (NYSE:GMRE) is an internally managed REIT focusing on healthcare facilities which are leased out to physicians and other healthcare-related groups. GMRE Investor Relations The REIT owns 185 buildings in 34 states with a 5.8 year WALT. Unlike other healthcare REITs, Global Medical’s tenants appear to be well-managed,…
NoDerog/iStock Unreleased via Getty Images Investment Thesis Receiving a regular dividend income coupled with the prospect of capital appreciation is one of the principal benefits for those who invest in high dividend yield companies. However, identifying high dividend yield companies that offer sustainable dividends can be a challenging task. Companies that pay sustainable dividends don’t…
rarrarorro/iStock via Getty Images Introduction In my previous article on Erste Group (OTCPK:EBKOF), I argued that based on the Austrian bank’s dividend policy and anticipated earnings, shareholders would be able to look forward to a dividend yield of 8%. Erste Group released its results a little while ago, and I was pretty satisfied to see…
SweetBabeeJay/iStock Editorial via Getty Images Whitestone REIT (NYSE:WSR) just hiked its monthly cash dividend by 3.2% after two years of keeping the payout constant. The sunbelt-focused retail REIT declared a cash dividend of $0.04125 per share, roughly $0.495 per share annualized, for a 4.1% dividend yield. The distribution is still a long way away from…
youngvet/iStock via Getty Images Overview – Collateralized Loan Obligations Some dividend investors fall victim to the high yields. Speaking from experience, I understand the thrill of collecting those massive dividend payments and snowballing them into other areas of your account. However, I believe that some yields are harmful and strip value away from us as…
marchmeena29 Gladstone Commercial Corporation (NASDAQ:GOOD) is a leading commercial real estate investment trust that continued to cover its dividend with funds from operations in the fourth quarter. Gladstone Commercial’s strong position in terms of rent collection (the trust collected 100% of its scheduled rent in 2023) and very decent dividend coverage are reasons why I…
NicoElNino I was intrigued to see Uniti Group (NASDAQ:UNIT), a REIT yielding around 9%. As always, one has to wonder if there’s something going wrong or if the market is mistaken. Despite the high yield, the market rallied on the shares after Q4 earnings came out. Is it a sign of improving prospects? After looking…
Hispanolistic Equity flows have improved in recent weeks. Despite cash continuing to pour into money market funds over the past year-plus, investors are seemingly willing to step out onto the risk curve, putting more liquidity to work into stocks and high-grade fixed-income. That bodes well for asset management firms, but not all of these companies…
The specter of a U.S. economic recession has loomed for more than a year, yet it has not materialized. Nonetheless, a recent change in the yield curve indicates that the possibility of a recession remains significant and could be growing stronger. ryasick By Andrew Prochnow The specter of a U.S. economic recession has loomed for…
Michael M. Santiago A new theme has emerged in the fourth quarter for investors in business development companies: Credit quality. A number of BDCs have disappointed here lately, including Oaktree Specialty Lending Corp. (OCSL) and FS KKR Capital (FSK) whose reports caused a good amount of value destruction for shareholders. Goldman Sachs BDC (NYSE:GSBD) just…
zhongguo It has been almost a year since the last time we covered Atlantica Sustainable Infrastructure (NASDAQ:AY), which we already thought was attractively priced, although we warned that we did not expect the company to deliver much growth in cash available for distribution (CAFD) or dividend increases. Surprisingly, their “Strategic Review” is still ongoing, but…
Polina Lebed/iStock via Getty Images ACOMO N.V. (OTCPK:ACNFF) is a stable dividend payer operating in the food business, offering a 6% dividend yield. As it is a slow-growing company, we should not expect that the stock will go up 5x in the next 10 years, but if you are looking for a stable dividend payer,…
SIphotography Investment Thesis Global X SuperDividend ETF (NYSEARCA:SDIV) warrants a strong sell due to multiple concerning factors impacting the fund. While SDIV offers a very high dividend yield, it has seen a steep decline in share price along with poor fundamental qualities for its top holdings. These factors have resulted in a negative dividend yield…
germi_p/iStock Editorial via Getty Images Introduction Aedifica (OTCPK:AEDFF) is a Belgian REIT focusing on healthcare real estate, with a very specific focus on nursing homes and other facilities for the aging population. Aedifica Investor Relations The REIT is active in multiple countries and as you can see below, there aren’t any major differences between the…
Richard Drury Starwood Property Trust (NYSE:STWD), on February 22, 2024 reported better than expected distributable earnings that continues to fundamentally support my buy recommendation from October 2023. The REIT is seeing solid performance in its core commercial and residential (C&R) lending segment and Starwood Property easily supported its $0.48 per-share quarterly dividend with distributable earnings…
Pixelimage Blackstone Secured Lending (NYSE:BXSL) out-earned its dividend with net investment income in the fourth quarter which in turn led to the BDC reporting a 1% QoQ increase in its net asset value per share. The BDC’s large floating-rate debt portfolio is still producing top results for Blackstone Secured Lending and BXSL is a rare…
Spencer Platt/Getty Images News Introduction Bank of America (NYSE:BAC) is one of the largest financial institutions in the United States, and this banking giant with worldwide presence likely doesn’t need a lengthy introduction. While the common shares are well covered here on Seeking Alpha by a myriad of authors, I have been keeping an eye…
Miguel Alvarez/iStock via Getty Images Introduction When the interest rates on the financial markets are low a “buy and build” strategy based on M&A makes a lot of sense. That’s exactly how Nomad Foods (NYSE:NOMD), a leader in frozen meals and frozen food, operated. Of course the increasing interest rates in the past few years…
georgeclerk Pfizer Inc. (NYSE:PFE) has been in a major downtrend since late 2021 as the pandemic boom of Covid vaccinations started to decline. The bears have some valid concerns, but it appears that the negative sentiment has overshot reality. I have a fairly neutral view of the company, but I like the stock itself when…
MarsBars Whether you want to retire at a traditional age or retire early, we can all agree that it will take a lot of capital to live comfortably. While it may be tempting to bank on continued strong performance in the S&P 500 (SPY) to fund one’s retirement goals, I would say that it’s a…
Nancy Anderson The Basic Story: Vitesse Energy (NYSE:VTS) is a small cap, non operated Bakken player with a lightly levered balance sheet and a high base dividend yield. The dividend here is a priority. The company has already guided to low double digit growth in 2024 and we expect that to be reaffirmed with their…
PM Images Over the previous year, shares of Omega Healthcare Investors (NYSE:OHI) reached $34.77 in October before retracing roughly -19.5% to the $28 level going into Q4 2023 earnings. While the past decade has been full of ups and downs as shares traded above $40 and under $25, they have ultimately declined by -1.94%. The…
JamesBrey All values are in CAD unless noted otherwise. The ownership of this stock is generally restricted to Canadians. If you are wondering “What Is That Aboot?”, you can read more here. In our last coverage of Alaris Equity Partners Income Trust (TSX:AD.UN:CA), we made the case that this was severely mispriced and the big…
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Introduction Sometimes the best investments are the ones that don’t need a lot of attention. I last discussed Coca-Cola Consolidated (NASDAQ:COKE) in February 2022 and rated it a ‘strong buy’. The share price has performed really well in the past two years as the stock is up…
JHVEPhoto Telenor (OTCQX:TELNY) offers a high-dividend yield, but this is more the result of poor dividend sustainability than being an income opportunity, thus investors should avoid its shares. As I’ve covered in a previous article, Telenor offers an attractive dividend yield, but its dividend sustainability is questionable, and therefore it’s not a great income pick…
Bloomberg/Bloomberg via Getty Images US investors have to dig and claw to find quality high-yield names. Goldman Sachs reports that the current dividend yield on the S&P 500 is a scant 1.45% as of late February 2024. It could be a sign that the market is getting pricey, though the beaten-down Energy sector trades at…
VanderWolf-Images Introduction I have been tracking Vopak (OTCPK:VOPKF) for several years now and in the summer of 2022 I thought the company had become too cheap and I liked the stock for its 5.5% dividend yield, which was pretty good for an infrastructure company back in the day. Since that article in August 2022, the…
Westend61/Westend61 via Getty Images The Janus Henderson B-BBB CLO ETF (BATS:JBBB) invests in U.S. collateralized loan obligations (CLO) through an actively managed exchange-traded fund structure. The attraction here is the exposure to this alternative corner of fixed income that currently offers an 8.1% yield through a monthly payout. The fund’s CLO floating rate and low-duration…
Vertigo3d Most investors who follow the Healthcare REIT industry know that seniors housing and nursing facilities have been under pressure since 2020 due to the pandemic, and this coupled with higher interest rates have resulted in depressed share prices for many of those REITS. However, I believe this is a case of ‘everyone knows’ as…
Bilanol Capital Power is an underappreciated and undervalued dividend growth story as investors focus on the Alberta power market rather than its growth-by-acquisition story. I maintain my buy ranking. Introduction Capital Power (TSX:CPX:CA) is an independent power producer (IPP) which owns 30 operating facilities across North America that generate a collective 7,700 megawatts worth of…
ryasick Shares of Hercules Capital (NYSE:HTGC) reached a new 1-year high on Friday after the BDC reported record total investment income for FY 2023 and beat consensus estimates easily. Before earnings the BDC also announced the payment of a cumulative $0.32 per-share in supplemental dividends which will be distributed to shareholders in equal installments of…
peeterv/iStock via Getty Images Franklin BSP Realty (NYSE:FBRT) like other mortgage REITs has been fighting the Fed for the last two years with a $5 billion commercial real estate loan portfolio spread across 144 loans as of the end of its recently reported fiscal 2023 fourth quarter. This portfolio is heavy on multifamily loans with…
JEFF KOWALSKY/AFP via Getty Images Stellantis (NYSE:STLA) stock is trading higher after the automaker reported strong Q4 and FY 2023 results, while highlighting a commitment to achieve “at least a double-digit adjusted operating income margin in 2024”, on a €190+ billion topline expectations. In addition, Stellantis management delighted with the projection to distribute a yield-rich…
JamesBrey Retirees more than anyone benefit from high sustainable yields. The reasons for this are clear: While the stock market tends to be unpredictable over short to medium periods and can at times be extremely volatile, dividend payments tend to be quite dependable with market volatility seldom having an impact on the cash distributions of…
MarsBars It’s easy to say that emotions should be taken out of investing, but that’s hard to implement in real life. That’s because investing is not just pure science for most people, since along with each stock purchase or sale comes with it the hopes and dreams of a better financial life ahead. Perhaps that’s…
MicroStockHub The Winners Are Found among the 19 stocks selected first for good value. The due diligence criteria used for “RIG” stocks are the following: 1- Value Looking for value requires knowing key investment metrics. The following is a list of the criteria and basis for the metrics in this article. – Earnings Earnings provide…