|Bid||10.00 x 1000|
|Ask||10.13 x 1300|
|Day's Range||10.10 - 10.19|
|52 Week Range||8.62 - 10.45|
|Beta (5Y Monthly)||0.70|
|PE Ratio (TTM)||11.01|
|Earnings Date||Jan 13, 2020|
|Forward Dividend & Yield||0.68 (6.67%)|
|Ex-Dividend Date||Jan 01, 2020|
|1y Target Est||12.00|
Investors are always on the prowl for high returns. They can look for this in the traditional places, of course, the Apples and the Amazons and the Googles, where shares appreciate at fast rates, or they can look at the Microsofts and Mastercards and JPMorgans, where steady share gains are paired with steady dividends. These are viable strategies. But sometimes, investors like to follow the roads less traveled.The average dividend yield among stocks listed in the S&P 500 index is only 2%. This is – just slightly – higher than Treasury bond yields. But it’s also just an average. There are plenty of stocks with higher yields. Companies may reach those yields – of 7, or 9, or even 15% – for various reasons, but what they all have in common is a strong draw for investors.We’ve used TipRanks’ Stock Screener tool to pull up some of these lesser-known, but profitable, dividend stocks. Setting the filters to show small-cap stocks with yields exceeding 5%, we narrowed the list from the full database of 6,500 stocks to just 86, a far more manageable number. Here are three that income-minded investors should take note of.MVC Capital, Inc. (MVC)We’ll start with business development company. MVC Capital holds a diverse portfolio of investments, which it uses to realize long-term growth for its own investors and shareholders. In recent years, the company has transitioned from a capital loss carry strategy to a yielding investment strategy, with an emphasis on dividend returns.And it’s not just dividend returns from the company’s portfolio – MVC is a top performer in its niche at paying out dividends to investors. The company has a nine-year history of consistent, regular payments, without missing a quarter, and in recent years has been increasing the payout. The current dividend, at 17 cents quarterly, represents an annual payment of 68 cents per share and impressive yield of 7.12%. That’s 3.5x the S&P average.MVC maintains its dividend with strong earnings. The company reported $8 million in total income for Q4 2019, up 35% year-over-year. Net operating income, at $3.1 million, was also up significantly – and more important, MVC has a dividend payout ratio of 100%, so all of that income was paid back to company investors.Michael Diana, 4-star analyst with Maxim Group, looks ahead at MVC’s potential and writes, “Over the next four quarters, we expect: 1) a dividend yield of 7.4%, and 2) stock price appreciation of 40.5%, which should result in an estimated 12-month total return of about 48%. Beyond that timeframe, we expect MVC to grow its yield investments and raise its dividend further.”In line with his bullish view, Diana gives MVC a Buy rating supported by a price target of $13. His target implies a solid upside potential of 36%. (To watch Diana’s track record, click here)In agreement with Diana is Ladenburg analyst Christopher Nolan. Nolan wrote of the MVC’s portfolio, “Asset quality was steady with the same 2 credits on non-accrual and totaled 1.6% of the investment portfolio at cost.”Nolan put an $11 target on MVC shares to back his Buy rating. This indicates an upside potential of 15% in the coming year. (To watch Nolan’s track record, click here)All in all, shares in MVC are priced at just $9.55, a bargain for a stock with a 25% average upside potential. That potential is derived from the average price target of $12. With 2 Buy ratings and 1 Hold given in recent weeks, the analyst consensus on MVC is a Moderate Buy. (See MVC stock analysis on TipRanks)Amplify Energy Corporation (AMPY)Our next stock is in the energy sector. Amplify is an oil and natural gas exploration and drilling company. The bulk of the company’s operations are located in Texas and Louisiana, with additional production sites in Wyoming and the California offshore. Amplify is an ‘upstream’ company in the industry, meaning that its operations focus on directly extracting oil and gas resources from acquired properties.Amplify has more than 1,400 active wells on its lands, and backs them up with another 1,00 well in various stages of development. In proven reserves, Amplify boasts over 900 billion cubic feet equivalent. Last year, the company reduced its competition by absorbing Midstate Petroleum in a merger-of-equals deal. The merged entity uses the Amplify name.Most ‘dividend champs’ get that status through long-term, consistent payment. Amplify, however, only began paying out its dividend in Q3 of 2019, after its merger with Midstate. It commands attention, even though it is new, because of the yield. At over 15%, AMPY’s dividend yield is one of the best in the market. It’s a whopping ten times better than Treasury note yields, and 7.5x higher than the average dividend yield on the S&P 500 index.Due to AMPY’s low share price, the dividend is modest – only 20 cents per quarter. That makes the annual payout 80 cents. So far, the company has made the payment twice, in September and December of 2019. The payout ratio, at 133%, may indicate long-term sustainability issues, but those are mitigated by the oil and gas industry’s ability to produce high cash flows.Analyst Jeff Grampp, reviewing AMPY for Northland Securities, sees a bullish case here. He says of the stock, “We sense there is some investor skepticism about the sustainability of the dividend and believe that as the company proves it is sustainable, yield compression can occur. We estimate AMPY can fund its 2020 dividend through FCF down to an average ~$52/BBL WTI price…” Investors should note that WTI trended up from October through December, but slipped in January and now appears to have leveled out at $50. Oil volatility has been high in the past 12 months.Grampp puts his money where his mouth his, giving AMPY a $10 price target to support a Buy rating. This target suggests a hefty upside potential of 91%. (To watch Grampp’s track record, click here)Amplify’s two recent reviews are both Buy-side, making the consensus view of the stock a Moderate Buy. Shares are trading low, at just $5.21, and the average price target of $10.25 indicates room for 96% growth in the coming 12 months. (See Amplify stock analysis on TipRanks)Hunt Companies Finance Trust (HCFT)We’ll wrap up our look at dividend champions with Hunt Companies, a real estate investment trust (REIT). These companies make their profits through buying, owning, managing, and leasing combinations of commercial and investment properties, as well as financing customer mortgages and investing in mortgage backed securities. That latter niche is Hunt’s specialty – the company’s portfolio is focused on mortgage backed securities, loans, and related real estate investments.A common feature of tax regulations required REITs to pay back the lion’s share of their earnings to investors, and most of them choose dividends as their payment vehicle of choice. The company manages this with a 7.5 cent quarterly payment, which annualizes to 30 cents – and a yield at a whopping 9.2%. HCFT has a history of adjusting the dividend to meet both tax regulations and sustainability issues, and the current payout ratio is an impressive 75%. Due to a strong US economic climate, the company has been able to grow the dividend over the past two years.JMP Securities analyst Steven Delaney lays out a bullish case for HCFT, writing in his recent note on the stock, “We remain positive on shares of HCFT and believe the company is well positioned to take advantage of access to a larger CRE lending platform following the newly entered Management Agreement. While the company’s micro market cap and limited trading liquidity may restrict its investor audience, we believe the shares offer attractive potential upside…”To demonstrate that potential upside, Delaney gives the stock a $4 price target, indicating confidence that the potential is 22%. He rates the stock a Buy, of course. (To watch Delaney’s track record, click here)Delaney’s is the only recent review on HCFT – as he pointed out in his note, this is a micro-cap company of limited liquidity; it is a classic ‘under the radar’ investment. It is still worth looking at, however. With a dividend yield exceeding 9%, and a potential upside of 22%, the $3.26 current share price is a bargain that’s hard to beat. (See Hunt's price targets and analyst ratings on TipRanks)
PURCHASE, N.Y., Jan. 14, 2020 -- MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity.
MVC Capital, Inc. (MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared the first quarter dividend of $0.17 per share. The dividend is payable on January 10, 2020 to shareholders of record on January 3, 2020. The distribution represents the fifty-ninth consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005.
Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018. This means hedge funds […]
MVC Capital, Inc. (MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared a regular dividend of $0.17 per share, a 13% increase over the prior quarter, primarily as a result of increased net operating income from its investment portfolio. The dividend is payable on October 31, 2019 to shareholders of record on October 25, 2019. The distribution represents the fifty-eighth consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005.
PURCHASE, N.Y., Sept. 09, 2019 -- MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity.
BRIDGEPORT, Conn., July 30, 2019 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (PBCT), announced its Commercial Banking division served as Lead Arranger on the expansion of a credit facility to $50 million for MVC Capital, Inc. (MVC), a Business Development Company (MVC) that provides long-term debt and equity investment capital to fund acquisitions, growth and recapitalizations of companies in a variety of industries. People's United's Asset-Based Lending (ABL) and Capital Markets teams partnered on the facility that will provide MVC with working capital for future acquisitions and investments.
Insiders are people who have access to confidential information about a company. Over the years, there have been many examples of insiders using this information to gain an unfair advantage over uninformed investors. For example, an insider may know that some news it about to be released that will drive the stock price down. They can use this information to sell their stock before the news becomes public.The SEC has established rules and regulations to prevent this kind of activity. One of them is the requirement that an insider must publicly disclose when they have made a transaction in their stock.Because of this, we can find out if the insiders are buying or selling, and this can lead us to profit opportunities. A simple yet effective way to screen for stocks that are potential buys is to see if the insiders are buying shares after the price has dropped.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere are many reasons why a company insider may be motivated to sell their stock, but there is only one reason why an insider would buy it! They believe that it will trade at a higher price where they can make money. * 7 Dependable Dividend Stocks to Buy These stocks are on my radar screen as potential buys due to the significant insider buying that has recently occurred. Cornerstone Building Brands (CNR)Cornerstone Building Brands (NYSE:CNR) designs and manufactures building products for the construction industry. It makes things like windows and siding. And over the past year, the price on CNR has dropped from $20 to current levels around $6.20. Some analysts attribute this to concerns over the company having too much debt.Jeffrey Lee just joined the company in June as its new chief financial officer. Lee must believe that he can help turn it around, because he just bought 80,000 shares at an average price of $5.85. Nothing says "confidence" like a $470,000 investment!James Metcalf is the chairman and CEO of Cornerstone. He must also feel that the stock is a good value, since he recently paid $4.45 for 100,000 shares and has already made a significant profit. The most recent close was $6.17. This is a gain of 38% in just one month! W & T Offshore (WTI)W & T Offshore (NYSE:WTI) is involved in the exploration, development and acquisition of oil and natural gas properties. Like other companies involved with natural gas, the share price of WTI has fallen dramatically due to the recent drop in gas prices. Since April, this company has lost almost 40% of its value.Virginia Boulet is a director of W&T. In early June, she bought 7,000 shares at $4.34. Boulet is probably happy with her investment because she is already up almost 10%!Tracy Krohn is the chief executive officer of the company. He is one of the richest people in the country and a racing car enthusiast. I would love to hang out with him one day. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Krohn must believe that natural gas prices will rebound and that there are better times ahead for WTI. He just purchased 15,000 shares. Greif (GEF)Greif (NYSE:GEF) produces industrial packaging products and services. In the past four months, the price of GEF has dropped from $42 to $33. Analysts have attributed this to higher debt burdens and lower volumes of sales in some sectors. It could also be under pressure due to concerns over trade wars and tariffs.Peter Watson is the president and chief executive officer of Greif. Last week it was reported that Watson paid $32.71 for 15,000 shares of GEF. That is a nearly $500,000 investment.Lawrence Hilsheimer is the chief financial officer and executive vice president of the company. Apparently, he agrees that the stock is currently undervalued because he just bought 5,000 shares at $33.82. This was a roughly $170,00 investment. Conagra Brands (CAG)Conagra Brands (NYSE:CAG) manufactures and sells processed and packaged food.CAG has made a significant recovery since the selloff in late December. At the end of last year it was trading around $21 and the most recent close was $27.61. However, it is still well below its highs from two years ago, when it was trading just over $40.Craig Omtvedt is a director of Conagra. He must believe that the long-term prospects for the company are very bullish. He just made a significant investment of around $670,000 when he purchased 25,000 shares at an average price of $26.71. * 10 Stocks to Buy for Less Than Book Wall Street agrees with Omtvedt that the shares are undervalued. Of the 14 brokers that provide research on CAG, 11 of them have buy ratings on it. The average target price is $32. MVC Capital (MVC)MVC Capital (NYSE:MVC) is a non-diversified closed-end management investment company.MVC has made a nice recovery since the end of last year, but it is still well below the highs of last September when it was trading around $11 a share. The most recent close was at $9.43.Michael Tokarz is 15-year veteran of the company. He is the chairman and principal executive officer. As an insider of an investment manager, it is fair to say that he knows a lot about the markets. Apparently, he believe that MVC's recovery will continue, because he just invested over $100,000 of his own money in the stock.Only two firms follow MVC, but they agree it is undervalued. One has a buy on it, one has a hold, and the average target price is $12. Crexendo (CXDO)Crexendo (OTCMKTS:CXDO) is in the telecommunications business. It sells broadband internet and other cloud business services. CXDO stock is a company that seems to be going in the right direction. Over each of the past 5 years it reported a loss, but each year's loss was less than the year before.In 2014 the company lost 57 cents a share. In 2015, the loss was 35 cents. In 2016 it was 21 cents, and in 2017 it was 7 cents a share. Last year CXDO only lost 2 cents a share. Maybe this is why since last November, the price of the stock has more than doubled.Steven Mihaylo is the CEO of Crexendo. He must think that this rally will continue. Over the past month he has invested almost $100,000 into the stock. * 10 Stocks to Sell for an Economic Slowdown No Wall Street firms follow this company. Some investors believe that this could be a bullish dynamic. If they get into it before the big players "discover" it, they can make significant profits. Proofpoint (PFPT)Proofpoint (NASDAQ:PFPT) is a cybersecurity company. It engages in the provisions of cloud-based solutions.This company is on the radar screen because it has had some very significant and interesting insider selling recently.Bhagwat Swaroop is the executive vice president of PFPT. He just sold 5,000 shares at $123.21. Michael Johnson and Richard Herren are directors of the company. Mr. Johnson sold $100,00 worth of stock and Mr. Herren sold $250,000 worth.What caught my attention is the fact that these insiders all sold their stock right around levels that were a significant top. PFPT peaked around $125 last year. Afterwards it fell by 35%.The fact that these three insiders are selling their stock around this level tells me that they probably think it is overvalued. If I was a shareholder of PFPT, this would concern me and I would probably be a seller as well.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 6 Stocks to Buy and 1 to Sell Based on Insider Trading appeared first on InvestorPlace.
MVC Capital, Inc. (MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared a regular dividend of $0.15 per share. The dividend is payable on July 31, 2019 to shareholders of record on July 25, 2019. The distribution represents the fifty-seventh consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005.
PURCHASE, N.Y., June 10, 2019 -- MVC Capital, Inc. (NYSE:MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity.
MVC Capital, Inc. (MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared a regular dividend of $0.15 per share. The dividend is payable on April 30, 2019 to shareholders of record on April 23, 2019. The distribution represents the fifty-sixth consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005.
PURCHASE, N.Y., March 11, 2019 -- MVC Capital, Inc. (NYSE:MVC) (the Company), a publicly traded business development company (BDC) that makes private debt and equity.