Mid-April and May have traditionally been the months when we see Q1 earnings and dividend announcements from our favorite dividend stocks. Well here we are again, and that information has never been so eagerly anticipated by income investors, as we find out who's cutting their dividend and who's maintaining it in the current shutdown economy.
One ray of sunshine has been Gladstone Investment Corp. (GAIN), whose management announced just last week that it's not only maintaining its $.07 monthly distribution, but that it's also going to pay a $.09 supplemental distribution in June. Based on just its regular $.07 monthly payouts, GAIN yields 8.70%, at a price of $9.65. Adding in the $.09 payout bumps up the yield to 9.6%. It has a history of paying supplemental distributions in the past three years: $.21 in 2019, $.12 in 2018, and $.12 in 2017.
Source: Seeking Alpha
Related Articles:
- 6 Stocks That Have Paid Dividends For Over 100 Years
- Love People, Use Dividend Stocks
- We Were Dividends, Before Dividends Were Cool
- 5 Dividend Stocks Delivering The Secret To Success
- 6 Low-Risk, High-Yielding Dividend Stocks
9.6% Yield, Stable Monthly Dividends, Extra Payout, Insiders Buying
Posted by D4L | Tuesday, May 12, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
-
We picked up two investments that carry excellent yields combined with some healthy upside in the share price. We also dropped one of our po...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.