I talked about this theme in the past and mentioned that it doesn’t matter how often you will receive the dividend. The good thing is that you get smaller amounts of money earlier that you can use for other investing activities. The bad item is that the more often you get dividends the higher the costs for the company because each transaction will produce costs at banks and service providers.
However, today I would like to introduce some of the 15 biggest companies with a monthly dividend payment. Seven of them yielding over five percent and nine got a buy or better rating from brokerage firms.
Most of the monthly dividends paying stocks have a relation to the financial sector e.g. REITs, Banks or asset management. The second biggest part of the list goes to basic material stocks like gold or oil companies.
Here are the highest yielding monthly dividend paying stocks:
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Prospect Capital (NASDAQ:PSEC) has a market capitalization of $2.98 billion. The company generates revenue of $576.34 million and has a net income of $220.86 million. Prospect Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $401.26 million. The EBITDA margin is 69.62 percent (the operating margin is 56.38 percent and the net profit margin 38.32 percent).
Financial Analysis: The total debt represents 37.84 percent of Prospect Capital’s assets and the total debt in relation to the equity amounts to 63.35 percent. Due to the financial situation, a return on equity of 10.60 percent was realized by Prospect Capital. Twelve trailing months earnings per share reached a value of $1.06. Last fiscal year, Prospect Capital paid $1.28 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.78, the P/S ratio is 5.25 and the P/B ratio is finally 1.07. The dividend yield amounts to 11.53 percent and the beta ratio has a value of 0.84.
Long-Term Stock Price Chart Of Prospect Capital (PSEC) |
Long-Term Dividend Payment History of Prospect Capital (PSEC) |
Long-Term Dividend Yield History of Prospect Capital (PSEC) |
Pengrowth Energy (NYSE:PGH) has a market capitalization of $3.04 billion. The company employs 641 people, generates revenue of $1.195 billion and has a net income of $12.29 million. Pengrowth Energy’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $650.48 million. The EBITDA margin is 54.42 percent (the operating margin is 8.04 percent and the net profit margin 1.03 percent).
Financial Analysis: The total debt represents 23.66 percent of Pengrowth Energy’s assets and the total debt in relation to the equity amounts to 42.18 percent. Due to the financial situation, a return on equity of 0.34 percent was realized by Pengrowth Energy. Twelve trailing months earnings per share reached a value of $-0.26. Last fiscal year, Pengrowth Energy paid $0.67 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is not calculable, the P/S ratio is 2.55 and the P/B ratio is finally 0.74. The dividend yield amounts to 7.87 percent and the beta ratio has a value of 1.52.
Long-Term Stock Price Chart Of Pengrowth Energy (PGH) |
Long-Term Dividend Payment History of Pengrowth Energy (PGH) |
Long-Term Dividend Yield History of Pengrowth Energy (PGH) |
American Realty Capital Properties (NASDAQ:ARCP) has a market capitalization of $2.29 billion. The company generates revenue of $16.82 million and has a net income of $-6.80 million. American Realty Capital Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $13.46 million. The EBITDA margin is 80.03 percent (the operating margin is -14.56 percent and the net profit margin -40.45 percent).
Financial Analysis: The total debt represents 62.62 percent of American Realty Capital Properties’s assets and the total debt in relation to the equity amounts to 195.68 percent. Due to the financial situation, a return on equity of -10.25 percent was realized by American Realty Capital Properties. Twelve trailing months earnings per share reached a value of $-1.64. Last fiscal year, American Realty Capital Properties paid $0.88 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is not calculable, the P/S ratio is 136.18 and the P/B ratio is finally 1.69. The dividend yield amounts to 7.34 percent and the beta ratio is not calculable.
Long-Term Stock Price Chart Of American Realty Capital Properties (ARCP) |
Long-Term Dividend Payment History of American Realty Capital Properties (ARCP) |
Long-Term Dividend Yield History of American Realty Capital Properties (ARCP) |
Baytex Energy (NYSE:BTE) has a market capitalization of $5.02 billion. The company employs 159 people, generates revenue of $993.26 million and has a net income of $250.64 million. Baytex Energy’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $461.20 million. The EBITDA margin is 46.43 percent (the operating margin is 36.72 percent and the net profit margin 25.23 percent).
Financial Analysis: The total debt represents 21.97 percent of Baytex Energy’s assets and the total debt in relation to the equity amounts to 42.91 percent. Due to the financial situation, a return on equity of 20.64 percent was realized by Baytex Energy. Twelve trailing months earnings per share reached a value of $0.82. Last fiscal year, Baytex Energy paid $2.56 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 49.24, the P/S ratio is 5.04 and the P/B ratio is finally 3.92. The dividend yield amounts to 6.23 percent and the beta ratio has a value of 1.66.
Long-Term Stock Price Chart Of Baytex Energy (BTE) |
Long-Term Dividend Payment History of Baytex Energy (BTE) |
Long-Term Dividend Yield History of Baytex Energy (BTE) |
Take a closer look at the full list of higher capitalized monthly dividend paying stocks. The average P/E ratio amounts to 28.20
and forward P/E ratio is 21.12. The dividend yield has a value of 4.63 percent.
Price to book ratio is 1.82 and price to sales ratio 5.83. The operating margin
amounts to 36.1 percent and the beta ratio is 1.11. Stocks from the list have
an average debt to equity ratio of 0.67.
Here is the full table with
some fundamentals (TTM):
Monthly Dividend Paying Stocks (Click to enlarge) |
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Related Stock Ticker Symbols:
O, BOXC, ARCP,
PBA, PGH, ERF, BTE, FNV, GG, ITUB, MFG, BBD, BBDO, SJR, PSEC
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*I have no positions in any stocks mentioned, and no plans to initiate any
positions within the next 72 hours. I receive no compensation to write about
any specific stock, sector or theme.