Dividend Stocks Out of This World: RSO, HTS, CIM
Companies With Inconsistent Dividend Increases
Some of these stocks pay extremely high dividends. Now any amateur investor would choose stocks with the highest possible yield without taking into consideration the consistency and the growth stability of those dividends, not to mention analyzing the industry that the stock is in. Resource Capital Corp. (NYSE:RSO) is a specialty finance company that primarily focuses on commercial real estate and real estate investment trusts.
Company pays a phenomenal dividend yield of 15.8%, but its year-to-date performance is not as rosy. For the past six months the stock has risen from its lows of $5.90 to its highs of $7.20, and then back to nearing its 200 day average of $6.26. Currently the stock has tumbled through its 50 day moving average of $6.72 with a relative strength index of 41.35.
Another stock that has a dividend yield which is off the barometer is Hatteras Financial Corp. (NYSE:HTS). A $1.62 billion company that invests primarily in a single-family residential mortgages, otherwise known as pass through securities that are guaranteed by the US government agencies such as Ginnie Mae, Fannie Mae and Freddie Mac.
This stock has a dividend yield of 14.36% and currently trades cheap with a P/E ratio of 6.5. For the past six months the stock has been all over the place as it criss-crossed its moving averages in large standard deviation points to settle at $27.98. It currently trades right between its 50 day moving average of $28.41 and its 200 day moving average of $27.75 with a relative strength index of 48.93
And last dividend stock that is on steroids is Chimera Investment (NYSE:CIM). A whopping 14.21% dividend yield and a modestly declining year to date performance of 4%. Even if the stock loses another 6%, you should be better off 4.21% if the company maintains its high dividend yield throughout the year.
The stock has been trading sideways for the past six months as it recently tumbled below its 50 day moving average of $4.03, to settle at $3.93 with a relative strength index of 44. Again, I'm not recommending that you should stock up your portfolio with these high dividend yield stocks, as there is a very compelling reason as to why these companies do this to attract investors attention
Company pays a phenomenal dividend yield of 15.8%, but its year-to-date performance is not as rosy. For the past six months the stock has risen from its lows of $5.90 to its highs of $7.20, and then back to nearing its 200 day average of $6.26. Currently the stock has tumbled through its 50 day moving average of $6.72 with a relative strength index of 41.35.
Another stock that has a dividend yield which is off the barometer is Hatteras Financial Corp. (NYSE:HTS). A $1.62 billion company that invests primarily in a single-family residential mortgages, otherwise known as pass through securities that are guaranteed by the US government agencies such as Ginnie Mae, Fannie Mae and Freddie Mac.
This stock has a dividend yield of 14.36% and currently trades cheap with a P/E ratio of 6.5. For the past six months the stock has been all over the place as it criss-crossed its moving averages in large standard deviation points to settle at $27.98. It currently trades right between its 50 day moving average of $28.41 and its 200 day moving average of $27.75 with a relative strength index of 48.93
And last dividend stock that is on steroids is Chimera Investment (NYSE:CIM). A whopping 14.21% dividend yield and a modestly declining year to date performance of 4%. Even if the stock loses another 6%, you should be better off 4.21% if the company maintains its high dividend yield throughout the year.
The stock has been trading sideways for the past six months as it recently tumbled below its 50 day moving average of $4.03, to settle at $3.93 with a relative strength index of 44. Again, I'm not recommending that you should stock up your portfolio with these high dividend yield stocks, as there is a very compelling reason as to why these companies do this to attract investors attention
