66-Year-Old With $1.3 Million: 3 Hidden Dividend Gems to Buy

Earnings
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Summary · why it matters

A 66-year-old with $1.3 million seeks sustainable dividend income from overlooked mid-caps. Nexstar Media Group yields 4.54% with free cash flow covering its dividend 5.3 times despite a high GAAP payout ratio, though post-TEGNA debt rose to $12.2 billion. Amdocs trades at a 10 times price-to-earnings ratio with a 4.4% yield after a 42.69% drawdown, and its free cash flow covers the dividend 2.87 times following a 14th consecutive annual raise. Banc of California raised its quarterly dividend 20% to $0.12 per share, supported by $255.6 million in recovered operating cash flow and a conservative 32% earnings payout ratio.

Impact on stocks 4

Financials · 1 stocks
Banc of California, Inc.
BANC
▲ PositiveCapitalrelevance

Banc of California raised its quarterly dividend 20% to $0.12 per share, supported by recovered operating cash flow and a conservative payout ratio.

Communication Services · 1 stocks
Nexstar Broadcasting Group Inc
NXST
▲ PositiveCapitalrelevance

Nexstar Media Group yields 4.54% with free cash flow covering its dividend 5.3 times, despite high debt from TEGNA acquisition.

Information Technology · 1 stocks
Artificial Intelligence · 1 stocks