Dividends → Miscellaneous

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Dividend stocks by industries

Average yield of the sector: 11.68 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Investment Trusts/Mutual Funds 6 11.68 %

Average yield of the sector: 10.87 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Investment Trusts/Mutual Funds 9 10.87 %
Miscellaneous 1

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield

TOP 6 dividend stocks in the sector: Miscellaneous

Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
MVO MV Oil Trust 7.75 USD 90 M 16.26 % 5.12
SJT San Juan Basin Royalty Trust 2.41 USD 110 M 13.39 % 6.52
HRZN Horizon Technology Finance Corp. 12.01 USD 160 M 9.99 % 10.34
HCAP Harvest Capital Credit Corp. 10.55 USD 65 M 9.10 % 21.96
Oaktree Strategic Income Corp. OCSI Oaktree Strategic Income Corp. 8.46 USD 250 M 7.33 % 23.47
TPL Texas Pacific Land Trust 671.17 USD 5.1 B 0.26 % 17.20