MONTHLY DIVIDEND STOCKS

[Scotttrader80]

Yieldmax ETF's offer Monthly distributions;

https://www.globenewswire.com/news-release/2024/06/05/2893716/0/en/YieldMax-ETFs-Announces-Monthly-Distributions-on-MSTY-106-33-NVDY-101-82-CONY-84-85-YBIT-81-00-AIYY-78-90-and-Others.html

[bar1080]

A morsel of fundamental research shows those two funds are way too small to survive and pay competitive dividends.

[ErnieBilco]

Those weeklies are interesting but not my style - they have no real history and I don't see the long term track records established.

I like gambles but pure pie in the sky dreamin ain't my thing.

Will have to keep an eye on them for a while.

[bar1080]

MMT traded around $6.50 most of 2021. It's now $5.38. That's a drop of about 17%, a big chunk of div payout. Almost two years of divs.

Sounds like you're best served by one of the brand new WEEKLY pay funds. I mentioned them here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167867654

WKLY
TGIF

[ErnieBilco]

Quality loses to yield in my book.

A 10% drop over 3 months is hardly "free fall"

My read on the chart says its going up some from here, might even get 5% back from the "free fall".

[bar1080]

Not hard to tell they aren't quality issues. The small market cap alone shows that. All have dropped recently. Quality div payers rarely sell in the penny stock range.

MMT has been in free fall the past few months as a result of the longer maturity debt it holds. Management expense is sky high at 1.01% which includes the interest

On the good side, MMT trades at a tiny discount to NAV

On the bad side, MMT is fairly leveraged at 22%.

[ErnieBilco]

I have 4 I'd like to have checked out.

MMT RCS MGF and NCV

I'm looking to do 1st buys on all 4 of these on Monday, they won't make me rich but it will get some monthly divis rolling in. Only looking to buy $2K of each.

[bar1080]

"Exchange-Traded Notes: The Facts and the Risks"

"Key Points
*Exchange-traded notes (ETNs) are not exchange-traded funds (ETFs)

* ETNs have characteristics and risks which are different from ETFs

* ETN risks may be increasing for investors due to changes in the regulatory environment for issuers"

[much more on this important subject...]

https://www.schwab.com/resource-center/insights/content/exchange-traded-notes-the-facts-and-the-risks

[bar1080]

NAV is an important number with Closed End Funds, as opposed to regular Open End mutual funds. P/E applies mostly to individual stocks.

Freedom Funds are target date funds that can be good. If it's a Fidelity (or Vanguard) product I'd assume it's a sensible investment with modest fees. I like that Vanguard doesn't sell some highly risky products such as Leveraged ETFs (which are popular on IHUB due to their lottery-like qualities). ETNs are even riskier.

Be aware that my personal situation is unusual among IHUBers in that I'm wealthy by almost any standard. Plus I've always been a saver and investor. Most IHUBers are just middle class, or lower middles class people with gambling addictions (LOL!). And although I'm retired, I don't seek out dividend income. You can see that in my large -- and successful -- BRK holding that doesn't even pay a dividend.

My wife and I mostly live off our inflation-adjusted Social Security, which I started taking late in life.

[Ferda]

Something similar to their freedom fund in my 401k. I have been mostly interested in the boring vanguard index funds that still are on the higher end of dividend yield.

Sure there is a lot of wild west investing out here. I like it to read it to remind myself to stay simple.

Would you say NAV is more important to focus on than P/E?

[bar1080]

I have one Fidelity Money Market fund, but that's the only Fidelity product I've owned in recent years. You???

As for PIMCO funds, I doubt that Russian securities are significant in most. PIMCO funds are being hammered right now... again. Most of those PIMCO funds should never have traded at such plump premiums to NAV.

BTW, I certainly wouldn't seek out gimmicky monthly pay income funds. Have you figured out yet that most IHUBers are idiots at investing????????????????? Don't take investing tips from slobbering gambling addicts. As I often say, IHUB is simply a casino.

[Ferda]

Would hate to be those money managers. Last few years have made me extremely happy to be with Fidelity

[bar1080]

"Investment giant Pimco risks up to $2.6 billion if Russia defaults on its debt"

"Pimco is at risk of losing up to $2.6 billion if Russia fails to make its debt payments, after the asset manager bet big against a default, according to a Financial Times report.

The investing giant holds $1.5 billion in Russian Federation-linked government bonds, the report said, and it had sold $1.1 billion in credit default swaps, or CDS, on Russian sovereign debt at the start of 2022.

That means Pimco is vulnerable to lose out on two fronts — the bond holdings and the CDS — if Russia does default on its sovereign debt, which Fitch Ratings has warned is imminent.

At least five Pimco funds sold the CDS to investors wanting insurance against a potential Russian default, the FT reported, with the asset manager betting that Russia would meet its obligations. Pimco did not respond to an Insider request for comment."

https://markets.businessinsider.com/news/stocks/pimco-russia-26-billion-losses-default-debt-cds-bonds-ukraine-2022-3

[bar1080]

Was looking at giant oils last night. Almost all, including the very largest ones, are way up YTD. Marathon, Exxon, Chevron.

I'm watching Buffett buying OXY in addition to his large Chevron holding.

[Ferda]

Thanks it's a friends idea actually so no credit to me. That is HES though and I was referring to HESM but it's a spinoff or something of HES so I assume they see similar rewards when they announce their next dividend.

[bar1080]

Hess just announced a 50% increase in its payout. Good call.

https://finance.yahoo.com/news/hess-announces-50-increase-quarterly-211500836.html

[Ferda]

Neat I did not know that. One derives profit from options strategy and one draws profit from energy deliveries and storage.

[bar1080]

Thanks for mentioning that Hess, LP.

I prefer to keep my dividend Income low by retaining profits untaxed in my growth investments, such as BRK. An investor can always sell shares if he needs cash.

As I've often said, most investors *should* stick with moderate dividend payers but mainly because such sensible stocks are less likely to be scammy. Scams rarely pay dividends. OTOH, some ultra high div stocks are scams too.

"Buy Quality and Diversify." I'd be leery of gimmicky ETNs especially those that display high payouts that are unlikely to endure.

[GO4AWILDRIDE]

Ferda

HESM only pays $2.00 a year on a $30.00 stock making it a 6.666% DIVI.


USOI at $5.40 means I can buy 5.5555 shares and get .1705*12=$2.046*5.5555=$11.36 a year, again do you want 2 or 11.36 a year DIVI?


GO4AWILDRIDE

[GO4AWILDRIDE]

bar1080

Sorry but while I was sitting outside cooking those ribs I went over my math in my head and was I off by a factor of 10.

It should have been $100/5.40=18.51*.1705=$3.15 per month vs .05*4.33=.2166

So for each $100 dollars invested into TGIF you get $0.2166 a month while the same $100 in USOI brings in $3.15 a month

Not much of a guess which one I will be invested in.

USOI USOI USOI


GO4AWILDRIDE

[Ferda]

HESM has done well and has high yield in your red flag category. I'm not in it but study it. Its oil related and quarterly div. Seems like a good one

[GO4AWILDRIDE]

bar1080

As I am outside cooking Spare Ribs on the grill I will be late responding to your posts.

I did check both WKLY & TGIF and my advise to RUN AWAY FROM EITHER OF THEM.


Getting .05 per week on a $99/100 dollar stock makes no sense to me.


Will stick with USOI which is 1/20 the price of TGIF or in other words I can buy 20 USOI and get .34 vs .20 for the same amount of $$$.

Will check back in after I finish my grilling.


GO4AWILDRIDE

[bar1080]

I see that *weekly* pay dividend funds have come out recently. Symbols: WKLY and TGIF (cute eh?)

Both are really tiny with high expense ratios.

https://seekingalpha.com/symbol/TGIF
https://seekingalpha.com/symbol/WKLY

[GO4AWILDRIDE]

Bar1080


SLVO is also a CREDITSUISE ETF but in SILVER and I am not currently in that one.

SLVO is currently a low paying DIVI ETF where USOI is a rising and higher paying DIVI currently.

I will continue to collect DIVI's from USOI as per my earlier message.


GO4AWILDRIDE

[bar1080]

USOI was $30 a few years ago. Now ~$5. Is that a cousin of SLVO?

Lots of cleaner ways to play rising oil if you want to do that. Most are far less gimmicky. Big oil stocks for example. Or WTI futures.

If major war breaks out, few will to want to be in risky and potentially floorless microcap ETNs.

[GO4AWILDRIDE]

BAR1080

In answer to your original question look at CLM & CRF.

Both had their DIVI's increase this year over last year $.1602 to $.1808.

My brother is into both of those and does a drip with TDAMERITRADE of those DIVI's, it seems that TDAMERITRADE has an agreement with both CLM & CRF so he buys at the lower price $9.40n & $9.02 (NAV) and makes the 4-5 dollar increase.

He does not know why this happens just that it does. Nice hey.



GO4AWILDRIDE

[GO4AWILDRIDE]

BAR1080

I am almost entirely in USOI.

The DIVI is increasing due to the rising CRUDE OIL PRICES.

Am expecting the DIVI's to continue to rise in the upcoming months.

It went from .1493 to .1705 and expect it to rise to .2055 or more next month and to $1.00 per month DIVI in upcoming months. The reason is the following:


I expect the PPS to rise to $10.00 or more due to the possible invasion of Russia into the Ukraine which will cause investor panic and the PPS of CRUDE OIL to spike which in turn will make this investment a magnet.


Hope this makes sense to you.


GO4AWILDRIDE

[bar1080]

Noticing that most monthly-pay high yield ETFs are_collapsing... especially ones that had traded at big premiums to NAV. Many Pimco funds getting pulverized. PDO, PDI, PTY, PHK etc

Are any holding up lately?

[GO4AWILDRIDE]

Tman

Just called and got the same message that your phone is not in service.

Call me, nothing urgent just a reconnect type of call.


GO4AWILDRIDE

[Tradeinman]

Not sure what happened.
It’s worked all day.

I’ll try tomorrow.

[GO4AWILDRIDE]

HEY BUD

Tried to call you on your cell phone but it stated it was not in service.

Call me when you get a chance nothing urgent just to reconnect.



GO4AWILDRIDE

[bowlfan912]

Phk

[madmax2crazy]

GLDI, SLVO

[Beardeaux]

GOF

[madmax2crazy]

thanks for your analysis, I'm starting in with a much small (only 100 shares) position and will add more over time if dividends stay strong. I did see in the News section of this stock at TD Ameritrade that the March 19th monthly dividend is set to be .1906



Credit Suisse X-Links Silver Shares Covered Call ETN
SLVO Call ETN $ 6.5398 3/19/21 3/22/21 3/25/21 $0.1906 Monthly 31.61%(5)

[GO4AWILDRIDE]

MAD MAX

I was up late and took a look and did not like what I saw.

Way too many months with the divi at .05 down to .01 and saw a .00 May of 2019.

I would not recommend it to any one until it has at least 5 years of a consistent divi or something with in a .04 upper to lower range of the $0.22

1/2020 .05
2/2020 .06
3/2020 .03
4/2020 .04
5/2020 .22
6/2020 .18
7/2020 .09
8/2020 .14
9/2020 .22
10/2020 .21
11/2020 .25
12/2020 .18
1/2021 .12
2/2021 .21


It is all over the place and as a stock that I would need to get a constant divi source month to month to supplement my SS and other income I would have to watch this for many many months or do more research as to why the huge swings of the divi's.

So in a nutshell this is not for me at this time.

Will be watching this as I added it to my WATCH LIST on TDAMERITRADE

Good luck with this if you do jump in.

As always thanks for finding this for this group to investigate and report to the board what ever info that can be gleened.

It is getting late and I have a busy day tomorrow but I have plans to do some more research on this for you and the board.


GO4AWILDRIDE

[madmax2crazy]

check out SLVO, currently at 29.92% yield, .11+ monthly div for last 6 months. Last div Feb 19th @ .2103, I might pick up 500 shares tomorrow and hold them for a while see how it plays out.

[madmax2crazy]

Awesome! Thanks! I'll check them out, also I got back into CLM :)

[GO4AWILDRIDE]

madmax

Just to update you.

I created both GOF & PDI Stock boards and currently am updating/loading info on them.

ps: I bought both of these stocks this morning to add to my ARR( WHICH I BOUGHT TODAY AS WELL), CLM, & CRF

GO4AWILDRIDE

[GO4AWILDRIDE]

MM2C

PDI give 10% and GOF gives 11%

I am currently in CRF = 15% and CLM = 16% and PSEC = 12%

Looking at getting into ARR = 10.9%

Wish you well in your hunt for high paying dividend stocks.


GO4AWILDRIDE

[madmax2crazy]

Still holding PDI, added GOF on the 13th

[Tradeinman]

Good.
Where were you fishing?

Be safe, you can always reach out by phone too, instead of on one of those boards

[GO4AWILDRIDE]

Hey Chris

Decided we can talk off of the COOP board with out it getting deleted.

How the bones healing?

Donna & I are going up to the trailer later today.

Fishing Tuesday SUCKED wind was blowing us left right and up the middle.

Only got about 10 fish.


GO4AWILDRIDE

[GO4AWILDRIDE]

TRADE

Lets get the money first then we can TALK THE TALK.


GO4AWILDRIDE

[Tradeinman]

Thank you for updating.

We should talk soon.

We are about to need some good investment income opportunities like these.

[GO4AWILDRIDE]

SITE UPDATED ON 8/10/2020


Happy investing to all!



GO4AWILDRIDE

[GO4AWILDRIDE]

SITE UPDATED ON 8/9/2020

ONLY HAD TIME TO REVIEW THE TOP 15

Happy investing to all!



GO4AWILDRIDE

[GO4AWILDRIDE]

SITE UPDATED ON 7/30/2020

ONLY HAD TIME TO REVIEW THE TOP 8

Happy investing to all!



GO4AWILDRIDE

[DrewStegman]

The 3 Best Monthly Dividend Stocks to Buy Right Now:

[madmax2crazy]

Am down to one, PDI