|Bid||0.00 x 900|
|Ask||0.00 x 3200|
|Day's Range||6.07 - 6.11|
|52 Week Range||5.06 - 6.64|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.72 (12.02%)|
|1y Target Est||N/A|
The selloff in 2018's final quarter left many great companies in beaten-down territory, pushing yields for some dividend stocks to near-record highs. And despite the recovery in 2019, many of these same stocks still sport yields that are far better than their historical averages.But while some of these represent true bargains, some are dividend traps - high-yielding companies hampered by excessive risk and/or fading prospects. Dividend traps entice with rich yields almost like a siren song, only to disappoint later with dividend cuts.Even well-known companies aren't immune. Consider General Electric (GE), which once was among the bluest of blue chips but has slashed its payout twice in as many years. Another familiar name, Anheuser Busch InBev (BUD), halved its dividend in October because it had to deal with onerous debt.Unusually high yields can be a warning sign of a dividend trap, but they don't have to be. For some real estate investment trusts (REITs) and other areas of the market, well-above-market yields are the norm.But do watch out for factors such as overly leveraged balance sheets. Lenders, not equity holders, have a senior claim on company assets. So when interest rates rise high enough, companies may be forced to choose between dividends or interest payments. And of course, watch out for high payout ratios. Even the best-run businesses encounter obstacles, and companies that are really stretching their profits to fund the dividend might be forced to cut back when earnings thin out.Here are 12 high-yielding dividend stocks that possess many characteristics of a trap. Some yield slightly better than the market average, while others are flashing yields well into the teens. SEE ALSO: 14 Blue-Chip Dividend Stocks Yielding 4% or More
Northrop Grumman, BlackRock Capital, Facebook, Netflix and Google highlighted as Zacks Bull and Bear of the Day
Steelhead Partners is a hedge fund launched back in 1996 by Michael Johnston, Scott Schaefer, and Brain Klein. Its headquarters are in Bellevue, Washington, near Seattle. The fund mainly invests in undervalued companies from the Technology sector. Prior to co-founding Steelhead Partners, Michael Johnston and Scott Schaefer were employed at Prudential Insurance and Loews Corporation, […]
BlackRock Kelso (BKCC) delivered earnings and revenue surprises of 0.00% and -1.37%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the New York-based company said it had net income of 25 cents. Earnings, adjusted for investment gains, came to 18 cents per share. The closed-end investment company posted revenue ...
BlackRock Kelso (BKCC) delivered earnings and revenue surprises of -15.79% and -6.85%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had profit of 6 cents per share. Earnings, adjusted for investment costs, came to 16 cents per share. The closed-end investment company posted revenue of $21.3 million ...
Polaris, 58.com, BlackRock, Intuitive Surgical, Medtronic and NuVasive as Zacks Bull and Bear of the Day
Prospect Capital Corporation (PSEC) released its earnings report for fiscal 3Q18 on May 9. The results were for the quarter that ended on March 31. The company reported net investment income or NII of $0.19 per share, while Wall Street analysts were expecting it to report $0.18. The quarter’s NII represents a decline sequentially as well as on a year-over-year or YoY basis.
BlackRock Capital Investment Corp said Chief Executive Officer Michael Zugay stepped down and chairman James Keenan would take over as interim CEO. Zugay has also decided to quit BlackRock's US private ...