The short interest data for the July 15 settlement date is out and we have compared the defensive dividend stocks, aside of utilities, to what has happened since the June 30 settlement date. The interesting point about the defensive high-yield dividends is that something is happening that is unequal in trends. The changes look a bit all over the place, implying that the short sellers are looking at individual issues rather than attacking sectors. The changes were mild in some and massive in others.
4/7 Wall St. would remind readers that short selling a high-dividend stock takes much more conviction and courage than short selling growth stocks. On top of being short a stock and having to pay borrowing costs, those short sellers are effectively assuming the liability of paying that dividend out on top of just the cost to borrow a stock: Altria Group Inc. (NYSE: MO), AT&T Inc. (NYSE: T), General Electric Co. (NYSE: GE), Kimberly-Clark Corp. (NYSE: KMB), Merck & Co. Inc. (NYSE: MRK), Pfizer Inc. (NYSE: PFE), Procter & Gamble Co. (NYSE: PG) and Verizon Communications Inc. (NYSE: VZ).
Source: 24/7 Wall Street
Related Articles:
- Who Owns The Top Dividend Stocks?
- 6 Big-Name Dividend Stocks Crushing The S&P 500
- 3 Higher-Quality, High-Yield Dividend Stocks
- 13 Dividend Growth Stocks With A Good Yield/Growth Mix
- High Yield, High Risk Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
-
Do you ever wish your dividend stocks paid out monthly rather than quarterly? For income-oriented investors who cover their monthly expenses...
-
This company is one of the less risky mortgage REITs. We see preferred shares from it as having a risk rating of 2. The series C shares drop...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
After prices rising for nearly two straight years, volatility has returned to the oil patch in the past month. Investors can expect above-av...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
The yield is 9.55%, with 1.12X coverage that should improve in 2019. Management has raised the quarterly distribution 16 straight quarters. ...
-
Insiders bought 45,000 units last week: It's now at multi-year lows, and is 26% below analysts' lowest price target, and is selling ...
0 comments
Post a Comment
Post a Comment