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
-
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 ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If you are going down the dividend route, you may as well find stocks that are performing well, regardless of the dividend — stocks where th...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you invest for income, then dividend-paying stocks are likely to be a core component of your investment approach. The worst fear for inco...
-
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. However, once these...
-
If you are a devoted dividend aficionado, there are probably few thrills as exciting as seeing a dividend payment hit your brokerage account...
-
For retirees, buying and holding high-quality dividend stocks is arguably the best way to predictably create and sustain wealth. But investi...
-
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcom...
0 comments
Post a Comment
Post a Comment