Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Relative Strength Alert For THL Credit
Monday, January 29, 12:05 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

THL Credit Enters Oversold Territory (TCRD)
Wednesday, February 28, 4:29 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

TCRD Ex-Dividend Reminder - 3/19/18
Thursday, March 15, 10:04 AM ET, by Market News Video Staff

On 3/19/18, THL Credit Inc (TCRD) will trade ex-dividend, for its quarterly dividend of $0.27, ...

Analysts Anticipate BIZD Will Reach $18
Friday, March 16, 9:27 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Insiders Now Seeing Red With TCRD At New 52-Week Low
Monday, March 19, 1:37 PM ET, by Market News Video Staff

In trading on Monday, shares of THL Credit Inc (TCRD) touched a new 52-week low ...

THL Credit is Oversold

By Dividend Channel Staff, Monday, December 17, 11:33 AM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics strong fundamentals and a valuation that looks inexpensive. THL Credit Inc (NASDAQ:TCRD) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

But making THL Credit Inc an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of TCRD entered into oversold territory, changing hands as low as $6.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of THL Credit Inc, the RSI reading has hit 27.3 by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 41.6. A falling stock price all else being equal creates a better opportunity for dividend investors to capture a higher yield. Indeed, TCRD's recent annualized dividend of 1.08/share (currently paid in quarterly installments) works out to an annual yield of 16.36% based upon the recent $6.60 share price.

A bullish investor could look at TCRD's 27.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on TCRD is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.

Can your brain be trained to become a chart-predicting wizard? Click here to find out

This Article's Word Cloud:   Among   Arial   Channel   Click   Credit   Dividend   DividendRank   Indeed   Index   Monday   Oversold   Relative   Start   Stocks   Strength   TCRD   according   afterLeftLabels   always   among   analysis   annual   annualized   average   below   bullish   chart   coverage   currently   dividend   escape   fillColor   formula   history   interesting   investors   look   most   oversold   price   reading   recent   share   stock   stocks   territory   that   universe   which   yield

THL Credit is Oversold | www.DividendChannel.com | Copyright © 2010 - 2019, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.