62 10%+Yield Dividend Stocks Priced $5-15 For August Dog Days
Seeking AlphaDividend Quick Picks62 10%+Yield Dividend Stocks Priced $5-15 For August Dog DaysAug. 7, 2020 5:36 AM ET|| Includes: AINV, BPMP, BPOSY, BSBR, CNXM, DHT, FRO, HMLP, KNOP, MRCC, MXTOF, OMP, RVI, SHLX, SVC, TWO, USACby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryThese dividend dog 10%+Yield at $5-15 prices are all sourced from YCharts, which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut.
Analyst top-10 target net-gain estimates for these bargain basement dogs 8/5/20 ranged 37.85-146.61% from SHLX, BPMP, BSBR, MRCC, HMLP, KNOP, SVC, FRO, USAC, and top pick, RVI, per YCharts data.
Top-10 10%+Yield at $5-15 priced firms by yield, HMLP, TWO, USAC, AINV, BPOSY, CNXM, OMP, MXTOF, DHT, and top dog FRO, ranged 17.39-33.82%. Expect more dividend adjustments in coming weeks.
Top-10 10%+Yield at $5-15 priced firms by broker targets, MVC, HMLP, KNOP, TPCO, FRO, EURN, USAC, SVC, PBFX, and top target dog RVI, averaged 75.77%.
$5k invested 8/5/20 in the lowest-priced five 10%+Yield at $5-15 equities of 10 by yield showed 8.63% LESS projected net gain than from $5k put in all 10. The higher-priced bargain basement dividend dogs took the lead into August.
Foreword
A reader of last August's high-yield, low-priced dividend dog list said this is "dangerous advice". Hence, this information is to be used at your own risk.
I have always advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you have the stuff of legends and horror stories. Especially in light of YCharts declaration that YCharts allows a dividend yield to persist for 365 days after the most recent reported dividend if a dividend is cut. Therefore a few line items you see calculated here could be totally inaccurate.
This August list selected no stocks reporting annual returns lower than 0%. Five... Read more