59 High-Yielding Equities With Monthly Distributions, Part III: 7.5% To 8% Yields

|
 |  Includes: AVK, BLW, EVN, FTF, MAV, MHI, MMT, PGH, RIT
by: Epsilon

<< Return to Part II

Below is a list of equities with 7.5% to 8% annual dividend yield whose dividends are distributed monthly (sorted by dividend yield):

1. Pengrowth Energy Corporation (NYSE:PGH) is an oil and gas drilling and exploration company that offers a 7.98% dividend yield, distributed monthly. Market cap stands at $3.79 billion with 24.28% institutional ownership. The next ex-dividend date, the date on which an investor must own the equity to receive the dividend payout, has not yet been declared, but will likely be in the fourth week of January 2012. The stock is currently 2.91% above its 50-day simple moving average (NYSE:SMA) and 6.65% below its 200-day SMA.

Click to enlarge

2. Pioneer Municipal High Income Advantage Trust (NYSE:MAV) is a closed-end fund that offers a 7.92% dividend yield, distributed monthly. Market cap stands at $334.08 million with 0.03% insider ownership and 13.49% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the second week of January 2012. The stock is currently 4.52% above its 50-day SMA and 10.72% above its 200-day SMA.

Click to enlarge

3. LMP Real Estate Income Fund Inc. (NYSE:RIT) is a closed-end fund that offers a 7.78% dividend yield, distributed monthly. Market cap stands at $105.73 million with 21.49% institutional ownership. The next three ex-dividend dates are January 18th, 2012; February 15th, 2012; and March 21st, 2012. The stock is currently 3.83% above its 50-day SMA and 1.46% below its 200-day SMA.

Click to enlarge

4. Eaton Vance Municipal Income Trust (NYSE:EVN) is a closed-end fund that offers a 7.76% dividend yield, distributed monthly. Market cap stands at $289.55 million with 4.44% insider ownership and 9.52% institutional ownership. The next ex-dividend date is January 6th, 2012. The stock is currently 4.87% above its 50-day SMA and 9.53% above its 200-day SMA.

Click to enlarge

5. BlackRock Limited Duration Income Trust (NYSE:BLW) is a closed-end fund that offers a 7.70% dividend yield, distributed monthly. Market cap stands at $589.61 million with 14.71% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the second week of January 2012. The stock is currently 0.80% above its 50-day SMA and 0.40% below its 200-day SMA.

Click to enlarge

6. Pioneer Municipal High Income Trust (NYSE:MHI) is a closed-end fund that offers a 7.67% dividend yield, distributed monthly. Market cap stands at $333.83 million with 0.08% insider ownership and 17.54% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the third week of January 2012. The stock is currently 3.73% above its 50-day SMA and 9.69% above its 200-day SMA.

Click to enlarge

7. Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) is a closed-end fund that offers a 7.65% dividend yield, distributed monthly. Market cap stands at $347.33 million with 17.87% insider ownership and 42.17% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the third week of January 2012. The stock is currently 0.92% below its 50-day SMA and 10.87% below its 200-day SMA.

Click to enlarge

8. MFS Multimarket Income Trust (NYSE:MMT) is a closed-end fund that offers a 7.59% dividend yield, distributed monthly. Market cap stands at $526.71 million with 5.43% insider ownership and 18.44% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the second week of January 2012. The stock is currently 2.25% above its 50-day SMA and 4.12% above its 200-day SMA.

Click to enlarge

9. Franklin Templeton Limited Duration Income Trust (NYSEMKT:FTF) is a closed-end fund that offers a 7.58% dividend yield, distributed monthly. Market cap stands at $352.02 million with 15.78% insider ownership and 16.90% institutional ownership. The next ex-dividend date has not yet been declared, but will likely be in the fourth week of January 2012. The stock is currently 3.90% above its 50-day SMA and 2.09% above its 200-day SMA.

Click to enlarge

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in PGH, MAV, RIT, EVN, MHI, BLW, MMT, FTF, AVK over the next 72 hours.

Continue to Part IV >>