Streetbeat News

Dividends

MSDL

Morgan Stanley Direct Lending Fund (MSDL) is a highly defensive BDC focusing on first-lien debt in non-cyclical sectors. It offers attractive dividend coverage but may face challenges if Fed rate cuts occur due to its floating-rate debt investments. MSDL's valuation is appealing, with potential for premium reestablishment.

Portfolio Pulse from

December 15, 2024 | 4:30 am

DSX

Diana Shipping, operating on time charter contracts, is receiving a final vote of confidence due to its strategic approach, favorable market positioning, share buyback program, and specialty vessels.

Portfolio Pulse from

December 14, 2024 | 4:30 pm

ET

The article highlights Energy Transfer Partners (ET) as a top pick for 2025 within the energy and midstream sector, emphasizing its ultra-high-yield dividend as a key attraction for investors.

Portfolio Pulse from

December 14, 2024 | 4:30 pm

OBDC

The article discusses the importance of securing high-yield income streams, likening them to gifts under a Christmas tree. It emphasizes the value of investing in assets that provide consistent income, such as those with +9% yields.

Portfolio Pulse from

December 14, 2024 | 3:45 pm

WPC

W. P. Carey (WPC) has shown a promising performance in FQ3'24, with expectations of sequential growth in FQ4'24. The REIT's stable ABR growth, high occupancy rate, and positive re-leasing rates indicate strong management execution and growth opportunities for FY2025. WPC's discounted valuations have led to richer dividend yields compared to historical trends and peers.

Portfolio Pulse from

December 14, 2024 | 3:15 pm

T

AT&T remains a strong dividend investment due to stable profitability, high yields, and strong free cash flow guidance. The market's optimism about the DIRECTV divestiture is justified, as it allows AT&T to focus more on its core telecom business, which is performing well.

Portfolio Pulse from

December 14, 2024 | 3:15 pm

XOM

Exxon Mobil (XOM) has been upgraded to a STRONG BUY due to strong Q3 results and a recent stock price dip, resulting in a total shareholder yield exceeding 7%. Despite some near-term challenges, the combination of dividends and buybacks makes it attractive.

Portfolio Pulse from

December 14, 2024 | 2:45 pm

STAG

The article discusses three stocks that pay monthly dividends, providing investors with regular income. The focus is on the benefits of receiving dividends monthly rather than quarterly.

Portfolio Pulse from

December 14, 2024 | 2:45 pm

RTX

RTX Corporation reported strong third-quarter results with 6% adjusted growth, $2 billion in free cash flow, and over $20 billion in revenue. The company anticipates high single-digit sales growth and a 5% shareholder yield, supported by nearly $5 billion in free cash flow and a 2% dividend. Significant gains were noted in defense and commercial aftermarket segments, with Pratt & Whitney achieving a 45% operating profit growth.

Portfolio Pulse from

December 14, 2024 | 2:15 pm

VBF

XFLT

The CEF market showed mixed performance in early December, with MLPs, Utilities, and Hybrid CEFs leading year-to-date returns. Eaton Vance and Nuveen made minor distribution adjustments. Invesco's VBF increased its distribution by 15%, while XFLT reduced its distribution by 9%.

Portfolio Pulse from

December 14, 2024 | 2:00 pm