NGP Capital Resources Company (NGPC) has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among shares of financial companies, NGPC displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NGPC share price of $6.295 represents a price-to-book ratio of 0.7 and an annual dividend yield of 10.17% — by comparison, the average stock in Dividend Channel's coverage universe yields 3.4% and trades at a price-to-book ratio of 2.1. The report also cited the strong quarterly dividend history at NGP Capital Resources Company, and favorable long-term multi-year growth rates in key fundamental data points.
This Stock Has A 10.17% Yield And Sells For Less Than Book
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