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
-
These days, the healthcare stocks are looking pretty healthy compared to stocks in other spaces. Despite political pressures about lowering ...
-
Nothing makes life easier for an investor than finding the kind of stocks where you can park money for a long, long time, trusting that they...
-
These three dividend aristocrats have beaten the market during the three most recent pullbacks. They've also outperformed in 2019. There...
-
In Five High-Dividend Stocks You Should Watch, we discussed five dividend stocks, including MLPs, trading at yields above 11%. In this artic...
-
As the sun sinks on another summer and Labor Day taunts with the pitiful proposition of just 24 hours less work, it stands to reason that so...
-
The past decade has rewarded investors with remarkable returns, but investors might not want to underestimate the odds that an economic rece...
-
This company recently released solid second quarter earnings. The mortgage REIT once again outearned its dividend with core earnings in Q2-2...
-
Income investors, including retirees, seek regular dividend income while investing in stocks. To enhance your regular income, investing part...
-
Conservative investors should adopt the same precautions toward monthly dividend stocks as you would any income-generating investment. For i...
-
This company released Q2-2019 results recently. The results beat both revenue and earnings estimates. It reported decreasing earnings on the...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.