3 high-yield stocks are issued at a minimum of 8%; analysts say “buy”
The U.S. went to the polls last Tuesday (of course, the U.S. has voted a few weeks in advance, now), although Democrat Biden’s solid lead in the polls, etc., there is some evidence that President Trump may still Won the second period. Finally, due to all the early voting, the large number of absent ballots, and the possible extension of the counting deadline, we may not know who it is on Tuesday night. This is a situation caused by uncertainty, and the financial market does not like this. This brings us into dividend stocks. Investors need to back up to protect their portfolios when the market drops, and dividends provide this. These profit-sharing payments to shareholders provide a stable income stream, which generally remains reliable even in moderate downturns. Wall Street analysts have been doing some work for us to determine those stocks with high dividend yields and high yields, at least 8% to be precise. Opening the TipRanks database, we check the details behind these payments to find out other factors that make these stocks attractive to purchase. . Like many so-called “guilt stocks”
;, Altria Group is also one of the dividend champions in the market, and it has long had a reliable, high-yield payment method. The company has benefited from the psychological quirk of human nature in such a crazy year in 2020: people will bend over when necessary, but they will not give up their little fun. It has declined in recent years, and Altria Group’s financial performance has been stable in recent quarters. Both the first quarter and the second quarter showed earnings of $1.09, which was much higher than the 97 cents expected in the first quarter, while the second quarter’s forecast was $1.06. Revenue in the second quarter reached US$5.06 billion, the same as the previous two quarters. Looking ahead, analysts expect Altria Group’s third-quarter financial report to show earnings per share of US$1.15 and revenue of US$5.5 billion. The report should be released tomorrow morning. Achieving these results will help Altria Group maintain its dividend income-although the company has long been committed to achieving this goal. Altria Group has maintained a reliable dividend for the past 12 years, and when it was last paid in September, the company even increased its dividend by 2.4%. The current dividend is 86 cents per common share, or an annualized rate of $3.44, and the yield is an impressive 8.8%. Deutsche Bank analyst Stephen Powers wrote that before the release of the third quarter report, Altria believed: “[We] When we approach MO’s performance next week, we are positively biased towards the company’s fundamentals-driven by the channel demand for quarterly internal health scans of MO’s core tobacco business, especially the strength of cigarettes driven by the Marlboro brand…We believe in its core The continued operation of the business will enable MO to position itself more reliably as a stable core tobacco investment…” Powers designated the stock as a “buy”, and its $51 price target means 37% upside in the coming year. (To view the performance record of Powers, click here) In general, Altria Group (Altria) has received a consensus buy rating from analysts based on 3 buys and 2 positions set in recent weeks. The current share price of the stock is 37.04 US dollars, and the average target price is 46 US dollars, which means that the upside space for a year is 24%. (Please refer to the MO stock analysis on TipRanks) American Financial Trust (AFIN) is followed by Real Estate Investment Trust, namely REIT. These companies are known for high dividends, which are caused by the weird tax regulations. Real estate investment trusts must return a certain percentage of profits directly to shareholders, and dividends are one of the most reliable means of compliance. AFIN focuses on Its niche market, its investment portfolio focuses on single-tenant and multi-tenant service retail properties, and its niche market has been solid. AFIN has major companies such as Home Depot, Lowe’s and Dollar Dollar General among its top ten tenants. At the beginning of this month, it announced that it had received more than 91% of its third quarter rent. Looking forward to next week’s third quarter results, earnings per share are expected to be 23 cents, an increase of 15% over the second quarter. The company provides monthly dividends, every Shares of common stock are paid out 7.1 cents instead of the more common quarterly payment. The monthly format allows some flexibility in managing payment rate adjustments; in April, AFIN reduced the dividend from 9 cents to 7.1, which is management Part of the impact of the corona crisis on companies. The current annualized earnings are 85.2 cents per share, and the yield is 14.7%. This is more than 7 times higher than the average dividend yield of S&P 500 companies. Riley analyst Bryan Maher pointed out, During the recession, AFIN, as a real estate owner and manager, faced difficulties, but was confident in the company’s ability to deal with challenges. “Like most REITs, AFIN has been affected by the COVID-19 pandemic. It’s not surprising. Because its investment portfolio has a large number of service retail assets. However, 71% of the product portfolio is retail for essentials, and the rest is distribution and office properties. As a result, AFIN collected 84% of the cash rent payable in the second quarter of the 20th quarter, including 96% of the cash rent due from its top 20 tenants. The cash rent collection rate in July increased to 88%. AFIN has been actively cooperating with certain tenants to negotiate deferred rent/credit lines…” Maher pointed out. To this end, Maher rated AFIN stock as a “buy” and set its target stock price at $10. At the trading level, this means a strong upside potential of 76% a year. (To view Mach’s track record, click here) AFIN’s price is $5.69 and its average target is Mach’s $10. According to “Buy The average distribution between “in” and “hold” ratings is expected by analysts for this stock to be “medium buy.” (See AFIN stock analysis on TipRanks) Golub Capital BDC (GBDC) is the last but not least Golub is a business development company and asset manager Golub Capital. Golub works with mid-market companies to provide financing and lending solutions. The company’s market value reaches 2.2 billion US dollars and manages more than 30 billion US dollars. In the few years since the corona virus crisis hit the economy During the month, Golub’s stock price was sluggish and earnings were volatile. Year-to-date, the stock has fallen 28%. Earnings that collapsed in the fourth quarter of 19 years began to rebound in 2020. Earnings per share in the first quarter were 33 cents , While the figure for the second quarter was 28 cents. Looking ahead, the forecast predicts that earnings per share in the second quarter will be repeated at 28 cents. Income is also unstable. There was a serious net loss in the first quarter, but the first quarter The turnover in the second quarter returned to $145 million. This is the highest quarterly revenue figure in the past year. Golub believes in maintaining dividends for investors, not only providing reliable regular payments, but also regular special dividends. The company this year Earlier payments were adjusted to maintain the affordability during the coronavirus crisis while keeping the yield rate not too high. The result was a 12% reduction, resulting in the current quarterly payment of 29 cents per common share. Yield It is still as high as 9.16%, which is much higher than the average of 2.5% in the financial industry. Finian O’Shea of Well Fargo pointed out that Golub recently announced the issuance of $2 billion in unsecured bonds. The company has sufficient liquidity in difficult times. Sex. He wrote: “GBDC has not paid a high premium for unsecured bonds from the beginning. We believe that the increased flexibility and longer maturity of unsecured bonds make them an attractive addition to the right side of the balance sheet and treat them as a vote. O’Shea reiterated his “overweight” (ie “buy”) rating on the stock. His target stock price is $13.50, indicating that the stock still has 6% room to rise. (To watch O’Shea’s track record, click here) Just like the AFIN above, Golub Capital is rated as “moderate buy”, and each “buy” and “hold” is rated 1. The average price target for the stock is consistent with O’Shea’s target price of $13.50. To find a great idea for trading dividend stocks at attractive valuations, visit TipRanks’ Best Buys Buy, a newly launched tool that combines all the stock insights from TipRanks. Limited to those analysts with characteristics. The content is for reference only. Before making any investment, it is very important to conduct your own analysis.