Streetbeat News

Dividends

MXGFF

Maxim Power is transitioning to a 300 MW CCGT plant with a $300 million investment, positioning it for strong future cash flow. The company is undervalued, trading at about 50% of its replacement cost, with a clean balance sheet and minimal debt. Management's significant ownership and recent dividend announcement highlight a commitment to shareholder value.

Portfolio Pulse from

November 11, 2024 | 1:30 am

WMT

The article discusses the current sentiment around Walmart, with some voices recommending selling the stock. Despite a potentially stretched valuation and possible short-term volatility, Walmart's strong free cash flow supports dividends and stock repurchases, benefiting long-term investors.

Portfolio Pulse from

November 10, 2024 | 11:30 pm

PM

The article highlights a dividend growth stock that is outperforming the S&P 500 by making strategic moves and outpacing its competition.

Portfolio Pulse from

November 10, 2024 | 11:30 pm

QRTEA

Qurate Retail's 8.0% Series A Cumulative Preferred Stock is being recommended as a strong buy due to its 60% discount to liquidation value and 20% yield on cost. The discount is expected to close with Qurate's deleveraging, free cash flow improvements, and potential Fed rate cuts.

Portfolio Pulse from

November 10, 2024 | 8:30 pm

VZ

Verizon, a veteran telecom giant, is known for its large dividend. However, an impending acquisition may complicate its investment appeal.

Portfolio Pulse from

November 10, 2024 | 8:15 pm

MSDL

Morgan Stanley Direct Lending (MSDL) offers a 7.4% dividend yield, supported by net investment income. The portfolio is diversified across 200 companies, focusing on floating rate, senior secured first lien investments, with a low non-accrual rate of 0.2%.

Portfolio Pulse from

November 10, 2024 | 6:00 pm

SLV

SLVO

SLVO offers high monthly dividends through a covered call strategy but limits upside potential, making it less ideal during strong silver rallies. Despite a bullish outlook on silver, SLVO's structure and historical underperformance suggest direct investments like SLV might yield better returns.

Portfolio Pulse from

November 10, 2024 | 4:15 pm

EVT

EVT offers a diversified portfolio with a focus on equities and fixed-income, favoring the financial sector. The fund's 7.85% distribution yield is primarily funded by capital gains, and potential Fed rate cuts could ease borrowing costs, increasing NII coverage.

Portfolio Pulse from

November 10, 2024 | 3:45 pm

ABBV

The article highlights three high-yield dividend stocks that are considered good buys in November. These stocks offer attractive yields without the typical warning signs associated with high yields.

Portfolio Pulse from

November 10, 2024 | 2:45 pm

OBDC

Blue Owl Capital Corp. offers a well-covered 11% yield and trades at a 3% discount. The company has a strong portfolio of floating-rate debt investments, performing well in a rising rate environment. Despite potential earnings pressure from lower rates, its upcoming merger with Blue Owl Capital Corp. III is expected to enhance debt access and operational efficiencies.

Portfolio Pulse from

November 10, 2024 | 2:30 pm