Looking to profit from the global supply chain logjam? The volatile Baltic Dry Index, which measures the relationship between the supply of large super bulk cargo ships (across 3 different sizes), and the market demand to utilize the ships and their trade routes, has been on a tear since 2021. This company has a new dividend policy - its forward yield is 12.40%. Management has paid down significant debt - Net Debt/EBITDA is only 0.51X, interest expense dropped 50% in Q1 2022. Q1 2022 EBITDA rose 181%, net income grew ~20X, revenue rose 46%. The company had its highest shipping rates since 2010 in Q1 2022.
Genco Shipping & Trading Limited (GNK) is an international ship owning company. We transport iron ore, coal, grain, steel products and other dry bulk cargoes along worldwide shipping routes. Our wholly owned modern fleet of dry cargo vessels consists of Capesize, Ultramax and Supramax vessels that provide an essential link in international trade. GNK's fleet consisted of 44 vessels, as of 3/31/22, with the delivery of the Genco Mary and the Genco Laddey, two high quality, fuel-efficient Ultramax vessels built in 2022 at Dalian Cosco KHI Ship Engineering.
Source: Seeking Alpha
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Downturns are a great time to load up on high-quality dividend stocks. Falling share prices pump up dividend yields, and that means you'll get more bang for your buck in the long run, assuming that the stocks you buy eventually return to growth. Not all companies will live up to that assumption, though, which is why it's crucial to understand why their shares are damaged in the first place. Let's take a look at a pair of stocks that have enough vitality to recover from their recent mishaps.
Viatris (VTRS 0.68%) manufactures a smorgasbord of common generic drugs and it also produces reputable brands like EpiPens, Viagra, and Lipitor. Overall through the numerous products, the company generated trailing-12-month revenue in excess of $17.6 billion. The company is thinly profitable, but its shares have fallen by more than 20% in the last year. Advanced Flower Capital Gamma, or AFC Gamma (AFCG 1.52%) as it prefers to be known, is a company that issues collateralized loans to marijuana businesses that need funding. With $483 million in loans outstanding and an estimated 18% yield on its existing roster of liabilities, it'll be realizing millions in interest revenue for years even if it stops issuing new loans today, which it won't.
Source: Motley Fool
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Investors need to seek out stocks of established companies that have a track record of delivering consistent, reliable returns to shareholders. Retirees also need to consider whether a stock pays a dividend and if the company buys back its own shares on a regular basis, as these can each add value. Investors in retirement should also seek out stocks that will continue to perform strongly during an economic downturn or recession. There’s a lot to think about and many factors to weigh. In this article, we help retirees figure it out.
These stocks can provide retirees with consistent returns and other benefits such as dividends and share repurchases. The best retirement stocks offer both solid dividends and long-term performance regardless of how the market as a whole is performing. Apple (AAPL): One of the best technology stocks to own for consistent returns, dividends and share buybacks.
JPMorgan Chase (JPM): The largest bank in the world is a rock solid investment in good times and bad. Berkshire Hathaway (BRK-A, BRK-B): Considered by some to be the best retirement stock, period. This company's stock consistently outperforms the market.
Source: InvestorPlace
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When it comes to valuation, most investors fall back on things like the price-to-earnings (P/E) ratio. Earnings are too variable for me, so I prefer metrics like price-to-sales ratio and, my personal favorite, relative dividend yield.
Right now the dividend yields on offer from Hormel Foods (NYSE: HRL) and Clorox (NYSE: CLX) are elevated and I think both stocks are worth buying. Here's why. Hormel has increased its dividend annually for over 50 years, making it a Dividend King. Over the past decade its dividend has grown at an annualized clip of 14%. And today, its dividend yield is toward the high end of its historical yield range. Clorox's cleaning business saw a massive spike in demand during the early days of the pandemic. The company ramped up supply to appease customers. And Wall Street bid the stock up in a shortsighted frenzy, given that the demand spike, like most such exogenous shocks, wasn't destined to last. The pain came to a head in the fiscal second quarter of 2022, when sales dropped 8% and gross margin contracted a massive 12.4 percentage points. The stock, understandably, plunged when its earnings came out. Today, the stock's yield, at 3.3%, is toward the high end of its historical range and the shares are 40% or so below the peak they reached during the early days of the pandemic.
Source: NASDAQ
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We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book value or to call value. We picked up shares in two of these investments to ramp up our dividend yield and capture the significant upside.
I’ve got three picks to share with investors today. The first is New York Mortgage Trust (NYMT). This is one of the higher risk mortgage REITs, but it’s worth mentioning. Shares trade at a significant discount to book value. Don’t like the common share angle on NYMT? How about moving up in the capital stack. I’m happy using the preferred shares. NYMTZ (NYMTZ) offers investors a massive 8.63% stripped yield. I’ll toss in another preferred share pick for investors who want the floating rate. MFA-C (MFA.PC) at $21.49 also offers a substantial amount of upside to call value. If shares get called when the call protection ends and floating rates kick in (on 3/31/2025), the yield to call would’ve been 13.1%.
Source: Seeking Alpha
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