The Top Monthly Pay Dividend Stocks And Funds For August
Published Sun, 09 Aug 2020 03:59:17 -0400 on Seeking Alpha
Seeking AlphaDividend StrategyThe Top Monthly Pay Dividend Stocks And Funds For AugustAug. 9, 2020 3:59 AM ET|| Includes: ACP, AFIN, AGNC, AMZA, ARR, BREUF, BRG, CPTA, CPTAL, DX, DX.PC, ECC, ECCY, EFC, GAIN, GECC, GLAD, GLADD, GOOD, GOODM, HGLB, KBWD, OCCI, ORC, OXSQ, PBB, PBC, PFLT, PSEC, RSF, SBR, SLVO, SMHB, SUNSby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryHere are your August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains: 1. Stocks by-yield (68); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.5% (80).
U.S. MoPay equities are neither bigger nor better. Canadian MoPays are omitted but many Canadian firms are U.S. listed OTC. CEICs/ETFs/ETNs are combined US/Canadian and all show yields over 8.15%.
Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 8/6/20.
Analyst 1-year-targets revealed that investing $5k in the lowest priced five of ten top-yield MoPay US exchange equities produced 61.51% LESS gain than $5k invested in all ten. The big dogs ruled August!
Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities To Net 10.66% to 33.18% Gains By August 2021
Four of the ten top-yield MoPay stocks (shaded in the chart below) were verified as being among the top-ten gainers for the coming year based on analyst one-year target prices. Thus, the Dogcatcher yield-based strategy for this MoPay group, as graded by broker estimates this month, proved 40% accurate.
Projections based on estimated dividend amounts from $1000 invested in each of the ten highest-yielding stocks and analyst median 1yr target prices for those stocks, as reported by YCharts, produced the data points. Note: target prices from single analysts were not applied (n/a). Ten probable... Read more