Dividends4Life: This 13.8% Yielder is Worth a Look

Dividend Growth Stocks News

This 13.8% Yielder is Worth a Look

Posted by D4L | Thursday, May 03, 2018 | | 0 comments »

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



Post a Comment

Note: Only a member of this blog may post a comment.