Rocky’s Weekly Stock Picks
This week is a quick rip, off-the-cuff, with only a cursory search of upcoming ex-divs. Honorable mention includes BBDC, a business development company we hold.
BDC’s are an area we feel we should be more invested into, but simply lack the necessary funds to accommodate extending a further investing commitment without disrupting our current established patterns.
This may change, but we’ll make that decision carefully after the holiday season provides us more time for deliberate consideration of new pursuits. We recommend that you give some thought to BDC’s in general, as well.
*The market is still open at the time of this writing*
ECC - $11.04 ex-div 12/9, 15.16% annualized return paid monthly.
HIW - $29.26, ex-div was two weeks ago. 6.82% annualized paid quarterly. We like to add shares from time to time, particularly when it averages down our cost basis. This is a solid REIT.
CEQP -$29.70, ex-div was last month, we just love this MLP. 8.93% annualized paid quarterly. Since this is technically a return of capital, we don’t pay taxes on the distribution until we ROI.
ARR -$5.88, ex-div 12/14, 20% annualized. This REIT pays a flat $0.10/month and the price is down from an average last year of $10. We’re fans. Options trade monthly as well, for whatever that’s worth.
T - $18.96, ex-div last posted was in October, so this quarterly paying security should be ex-diving in about 30 days or so. This is ATT, the telecommunications giant. The dividend is annualizing at 5.8% currently. Options trade weekly, as well.
That’s it for now, folks! It’s important to keep your money growing even when you’re busy with the holiday season, and that’s why we keep a set of safety picks in our pockets and our favorite charts bookmarked!
