The first thing to check when you come across ultra-high yielders is dividend safety. In today’s market, ultra-high dividend yields often serve as warning signs. So, does the company make enough profits to cover its payout? ...
In the case of THL Credit, Inc. (NASDAQ:TCRD), the company’s double-digit payout may actually be worth considering. Let me explain. THL Credit pays quarterly dividends of $0.27 per share, giving TCRD stock a staggering annual yield of 13.8% at the current price. Well, in 2017, THL Credit generated net investment income of $39.7 million, or $1.21 per diluted share. Since the company declared total dividends of $1.08 per share for the year, it achieved a payout ratio of 89.3%, leaving a margin of safety.
Source: Income Investors
Related Articles:
- High-Quality, Low-Risk Dividend Stocks
- 10 Dividend Stocks With A 10% Yield In 10 Years
- Are ETFs and CEFs Good Dividend Growth Investments?
- 6 Companies With The Power of 5/15 Dividend Growth
- Searching the World For The Best Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
It operates in a great location. Florida has seen a material influx of residents in recent years as people look to move to a warmer climate ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.