Readers Identify 23 Ideal April Dividend Buys

May 19, 2024 11:53 AM ET, , , , , , , , , , , , 5 Comments

Summary

  • Prior to April 30, 2024, my Readers mentioned 31 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, they remarked about the ReFa/Ro.
  • Ten analyst-target-estimated top net gain ReFa/Ro: ORC, JNJ, CVX, FTN.CA, OXLC, ACRE, MED, RC, INTC, and VFC averaged 22.94% net gains from reader data collected 5/15/23.
  • Ten analyst-target-augured April top price upside reader faves & rogues (ReFa/Ro) were: ORI, O, KVUE, PFE, WES, CVX, JNJ, RC, INTC & VFC boasting a 16.43% average target price upside estimate.
  • By yield, the following ReFa/Ro made the top ten: ARI, PDI, FSK; AGNC, ACRE, BK.CA, ORC, FTN.CA, OXLC, MED. They averaged 16.72% annual yield. No stocks made all three lists this month.
  • $5k invested in the lowest-priced five of these top-yield ReFa/Ro dividend dogs showed 5.6% more net-gain than from $5k invested in all ten. Little (lower-priced) ReFa/Ro dogs out-ran this pack by over one-half length in April. Of 31 mentioned, 23 qualified as “ideal”, as their dividends from $1k invested exceeded their single share prices.
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Reader Selections

Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, It is possible that only rogues and discontinued, or dreadful, doubtful, dividend issues

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This article was written by

31.22K Followers

Fredrik Arnold is a retired quality service analyst sharing investment ideas with a primary focus on dividend yields by utilizing free cash flow and one-year total returns as trading indicators.

He is the leader of the investing group The Dividend Dog Catcher, where he shares a minimum of one new dividend stock idea per week with focus on yield or extraordinary financial circumstances. All ideas are archived and available after weekly announcement. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of PFE, INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SymbolLast Price% Chg
ORC--
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JNJ--
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CVX--
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ACRE--
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MED--
Medifast, Inc.

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