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🫧 230+ filings reached the boards in the last seven days; the busiest was Charter Amendments with 40+. Edgar read the five largest filers. Edgarette weighed them.
Every company first passes the same screen: No warning filing in 12 months (bankruptcy, debt trigger, non-reliance, auditor change, restructuring, impairment, cyber incident, late-filing notice) · assets greater than liabilities · 4+ audited years · market value $2B+ · US 10-K filers. This week 12 that would have ranked were left out: ACI (2.04), FCN (2.05), QFIN (foreign filer), TTD (2.05), WHR (2.05), KR (2.06), PODD (4.01), TEAM (2.05), HUBS (2.05), ESTC (2.05), WDAY (2.05, 2.06), PINS (2.05).
Dividends + buybacks − shares issued for cash, latest fiscal year, ÷ market value. Cash handed back to owners per dollar invested at the price below.
| # | Company | Market value | Cash returned | Dividends | Net buybacks |
|---|---|---|---|---|---|
| 1 | IT Gartner IncZ″ 3.6 safeF 6/9accruals -6.8% | $9.8B | 20.3% | 0.0% | +20.3% |
| 2 | CRBG Corebridge Financial, Inc.Z″ n/aF 4/7accruals -0.6% | $15.4B | 17.0% | 3.3% | +13.7% |
| 3 | PVH Pvh Corp.Z″ 3.23 safeF 5/9accruals -5.8% | $3.6B | 16.0% | 0.0% | +16.0% |
| 4 | WEX WEX Inc.Z″ 1.14 greyF 5/9accruals -1.1% | $5.1B | 15.8% | 0.0% | +15.8% |
| 5 | AIG American International Group, Inc.Z″ n/aF 5/7accruals -0.1% | $42.5B | 15.7% | 2.3% | +13.4% |
| 6 | GPI Group 1 Automotive IncZ″ 2.42 greyF 7/9accruals -3.7% | $3.7B | 15.6% | 0.7% | +15.0% |
| 7 | AGO Assured Guaranty LtdZ″ n/aF 6/7accruals 2.0% | $3.9B | 14.5% | 1.7% | +12.8% |
| 8 | MMS Maximus, Inc.Z″ 3.7 safeF 7/9accruals -2.7% | $3.1B | 14.4% | 0.0% | +14.4% |
| 9 | KBH Kb HomeF 4/7accruals 1.4% | $4.3B | 14.1% | 1.6% | +12.5% |
| 10 | EPAM EPAM Systems, Inc.F 6/9accruals -5.7% | $4.5B | 13.6% | 0.0% | +13.6% |
| 11 | GDDY GoDaddy Inc.Z″ -1.1 distressF 5/8accruals -8.9% | $11.9B | 13.4% | 0.0% | +13.4% |
| 12 | LAD Lithia Motors IncZ″ 1.95 greyF 4/9accruals 1.9% | $7.4B | 13.4% | 0.7% | +12.7% |
| 13 | CMCSA Comcast CorpZ″ 1.79 greyF 7/8accruals -5.1% | $91.1B | 13.2% | 5.4% | +7.9% |
| 14 | MAT Mattel IncZ″ 4.7 safeF 5/9accruals -3.0% | $4.5B | 13.2% | 0.0% | +13.2% |
| 15 | TAP Molson Coors Beverage CoZ″ 0.33 distressF 5/9accruals -16.1% | $7.8B | 13.2% | 4.9% | +8.4% |
| 16 | MORN Morningstar, Inc.Z″ n/aF 6/9accruals -6.0% | $6.6B | 13.1% | 1.2% | +12.0% |
| 17 | ADBE Adobe Inc.Z″ 7.67 safeF 7/9accruals -9.7% | $87.5B | 12.9% | 0.0% | +12.9% |
| 18 | MTN Vail Resorts IncZ″ 0.49 distressF 7/8accruals -4.9% | $5.1B | 11.8% | 6.5% | +5.3% |
| 19 | SWKS Skyworks Solutions, Inc.Z″ 7.13 safeF 6/9accruals -10.2% | $10.5B | 11.7% | 4.1% | +7.6% |
| 20 | BYD Boyd Gaming Corp newZ″ 2.3 greyF 6/8accruals 13.4% | $7.2B | 11.6% | 0.8% | +10.8% |
Operating cash flow, latest fiscal year, ÷ market value. Cash the business brings in per dollar invested. Banks and insurers are left out of this table: their operating cash is mostly loan and premium flows.
| # | Company | Market value | Operating cash ÷ value | Cash returned |
|---|---|---|---|---|
| 1 | CMCSA Comcast CorpZ″ 1.79 greyF 7/8accruals -5.1% | $91.1B | 36.9% | 13.2% |
| 2 | GM General Motors CoZ″ 1.32 greyF 6/8accruals -8.6% | $75.0B | 35.8% | 8.9% |
| 3 | CHRD Chord Energy CorpZ″ 2.35 greyF 5/9accruals -15.3% | $6.6B | 30.9% | 10.3% |
| 4 | T At&T Inc.Z″ 0.88 distressF 6/8accruals -4.5% | $148.6B | 27.1% | 8.5% |
| 5 | PR Permian Resources CorpZ″ 2.39 greyF 4/8accruals -20.7% | $13.5B | 26.8% | 3.3% |
| 6 | OVV Ovintiv Inc.Z″ 1.63 greyF 7/8accruals -12.2% | $13.7B | 26.7% | 4.5% |
| 7 | DVN Devon Energy Corp/DeF 6/8accruals -13.1% | $26.2B | 25.7% | 5.2% |
| 8 | PCG PG&E CorpZ″ n/aF 3/8accruals -6.3% | $37.0B | 23.5% | 0.0% |
| 9 | R Ryder System IncF 7/7accruals -12.7% | $11.0B | 23.5% | 6.1% |
| 10 | TAP Molson Coors Beverage CoZ″ 0.33 distressF 5/9accruals -16.1% | $7.8B | 23.0% | 13.2% |
| 11 | KMX Carmax IncF 6/9accruals -5.8% | $7.8B | 22.8% | 8.2% |
| 12 | FISV Fiserv IncZ″ 2.15 greyF 6/8accruals -3.3% | $26.9B | 22.5% | -0.1% |
| 13 | M Macy's, Inc.Z″ 3.15 safeF 8/9accruals -4.8% | $6.5B | 22.0% | 6.9% |
| 14 | CAG Conagra Brands Inc.Z″ 1.04 distressF 5/9accruals -16.4% | $6.4B | 21.7% | 10.6% |
| 15 | EXE EXPAND ENERGY CorpZ″ 3.16 safeF 7/8accruals -9.8% | $21.9B | 20.9% | 3.9% |
| 16 | THC Tenet Healthcare CorpZ″ 2.24 greyF 6/8accruals -4.0% | $17.0B | 20.8% | 8.2% |
| 17 | VZ Verizon Communications IncZ″ 1.53 greyF 6/8accruals -5.0% | $179.1B | 20.7% | 6.4% |
| 18 | EIX Edison InternationalZ″ n/aF 6/8accruals -1.5% | $28.7B | 20.2% | 4.5% |
| 19 | ALK Alaska Air Group, Inc.Z″ 0.1 distressF 5/8accruals -5.7% | $6.3B | 20.0% | 8.7% |
| 20 | OMC Omnicom Group Inc.Z″ 0.75 distressF 3/9accruals -7.1% | $14.9B | 19.7% | 8.4% |
Income yield + Edgarette’s 80% revenue range, valuation change taken as zero; next 12 months. Only steady-revenue companies with 4+ audited years, a range no wider than ±25% and cash already returned.
| # | Company | Market value | Midpoint | 80% range | Cash returned |
|---|---|---|---|---|---|
| 1 | HIMS Hims & Hers Health, Inc.Z″ 1.61 greyF 5/9accruals -12.0% | $9.0B | +60.2% | +40.5% to +79.9% | 0.9% |
| 2 | MELI Mercadolibre IncZ″ 1.9 greyF 5/9accruals -29.8% | $86.1B | +34.8% | +24.3% to +45.4% | 0.0% |
| 3 | HALO Halozyme Therapeutics, Inc.Z″ 3.02 safeF 5/9accruals -14.6% | $9.7B | +34.5% | +17.9% to +51.1% | 3.5% |
| 4 | ANET Arista Networks, Inc.Z″ 8.46 safeF 5/9accruals -26.1% | $216.7B | +26.7% | +10.6% to +42.8% | 0.7% |
| 5 | WELL Welltower Inc.Z″ n/aF 6/8accruals -3.3% | $154.2B | +26.6% | +14.6% to +38.7% | 1.2% |
| 6 | DOCS Doximity, Inc.Z″ 11.88 safeF 6/9accruals -11.2% | $4.1B | +25.5% | −0.1% to +51.1% | 10.5% |
| 7 | GEN Gen Digital Inc.Z″ 0.49 distressF 7/9accruals -3.7% | $15.4B | +25.1% | +11.1% to +39.0% | 6.1% |
| 8 | GPI Group 1 Automotive IncZ″ 2.42 greyF 7/9accruals -3.7% | $3.7B | +24.7% | +16.6% to +32.8% | 15.6% |
| 9 | IT Gartner IncZ″ 3.6 safeF 6/9accruals -6.8% | $9.8B | +23.2% | +13.2% to +33.2% | 20.3% |
| 10 | CVLT Commvault Systems IncZ″ 1.03 distressF 6/9accruals -11.4% | $6.3B | +21.9% | +9.2% to +34.6% | 7.0% |
| 11 | VRT Vertiv Holdings CoZ″ 3.08 safeF 5/9accruals -7.3% | $130.8B | +21.0% | +11.3% to +30.6% | 0.0% |
| 12 | DT Dynatrace, Inc.Z″ 3.96 safeF 8/9accruals -10.2% | $13.3B | +20.9% | +10.1% to +31.6% | 3.5% |
| 13 | NBIX Neurocrine Biosciences IncZ″ 6.21 safeF 6/9accruals -7.3% | $17.3B | +20.8% | +9.9% to +31.6% | 0.2% |
| 14 | ADBE Adobe Inc.Z″ 7.67 safeF 7/9accruals -9.7% | $87.5B | +20.1% | +13.2% to +27.0% | 12.9% |
| 15 | OPCH Option Care Health, Inc.Z″ 2.97 safeF 5/9accruals -1.5% | $3.4B | +19.8% | +10.0% to +29.5% | 9.0% |
| 16 | NOW ServiceNow, Inc.Z″ 2.18 greyF 4/8accruals -15.9% | $103.9B | +19.7% | +12.1% to +27.4% | 1.8% |
| 17 | NXT Nextpower Inc.Z″ 3.33 safeF 3/8accruals 0.7% | $18.2B | +19.5% | +8.2% to +30.8% | 0.0% |
| 18 | HEI Heico CorpZ″ 4.53 safeF 8/9accruals -2.9% | $38.7B | +19.5% | +6.1% to +32.9% | 0.0% |
| 19 | MORN Morningstar, Inc.Z″ n/aF 6/9accruals -6.0% | $6.6B | +19.4% | +10.4% to +28.4% | 13.1% |
| 20 | PCOR Procore Technologies, Inc. newZ″ -0.15 distressF 5/9accruals -18.5% | $6.1B | +18.8% | +4.1% to +33.4% | 1.9% |
Market value = the quarter-end price filed in a pension’s 13F (30 June 2026, the filing) × diluted shares; company figures from fiscal 2025 annual reports. Under each name, the classic signals from its own filings: Altman Z″ (1995 variant), Piotroski F of 9, Sloan accruals — what a terminal subscription used to buy, a filing and arithmetic now give anyone. Method → Ranked by published measures, not a list of recommendations. Display only, not investment advice. JSON
| How long the cash stays | What it adds (plus everything above) | Places, highest first |
|---|---|---|
| 1 month | Money-market funds redeem any business day; price held at $1.00 | VUSXX 3.73% · VMFXX 3.68% · TTTXX 3.65% · FRGXX 3.65% · GOFXX 3.64% · JTSXX 3.60% · SWVXX 3.59% · SNVXX 3.46% · FDRXX 3.45% · SPRXX 3.42% · FZFXX 3.41% · SPAXX 3.38% |
| Treasury-bill funds, 60 days or less the bills mature within a month or two | SGOV 3.64% · BIL 3.58% | |
| 3 months | Treasury-bill funds, 61–100 days the bills mature inside the quarter | TBIL 3.62% · SHV 3.47% |
| Treasury floating-rate funds the rate resets weekly, so the price barely moves | TFLO 3.91% · USFR 3.74% | |
| 6 months | Treasury-bill funds, 101–190 days the bills mature inside six months | GBIL 3.42% |
| Company floating-rate and ultra-short funds more yield, from company and asset-backed bonds: credit risk | FLRN 4.70% · MINT 4.61% · FLOT 4.41% · GSY 3.93% · PULS 3.87% · ICSH 3.54% · JPST 2.92% | |
| 12 months | 1–3 year Treasury funds, and short funds that had a losing month the price moves with interest rates; the record shows the losing months | VUSB 4.13% · NEAR 1.65% · SCHO 1.45% · VGSH −0.47% · SHY −0.77% |
Money-market figures are 7-day yields; fund figures are the last 3 months, annualized. Rule: 1 month: money-market funds that held every SEC rule in every month on record, and Treasury-bill funds averaging 60 days or less to maturity. 3 months: adds bill funds averaging 100 days or less, and Treasury floating-rate funds (the rate resets weekly). 6 months: adds bill funds averaging up to 190 days, and company floating-rate and ultra-short funds; these hold company and asset-backed bonds, so they carry credit risk. 12 months: adds 1–3 year Treasury funds, whose price moves with interest rates, and short funds that had a losing month. At 1 to 6 months a fund must also have had no losing month in the last 12. Matched by a published rule from filings, not advice. JSON
Funds where cash can sit for weeks or months, from each fund’s own N-PORT holdings report. Return = the fund’s reported total return for each of its last three months; annualized = those three compounded. Worst month = the lowest of the three. None of these funds borrows.
| Fund | Net assets | Last 3 months | Annualized | Worst month | Treasuries | Asset-backed | Days to maturity | Kept its word: months without a loss |
|---|---|---|---|---|---|---|---|---|
| Treasury bills | ||||||||
| SGOV iShares 0-3 Month Treasury Bond holdings to 2026-05-31 | $91.9B | Mar 0.30% · Apr 0.30% · May 0.30% | 3.64% | 0.30% | 99% | 0% | 38 days | 15 of 15 |
| TBIL F/m US Treasury 3 Month Bill holdings to 2026-05-31 | $7.1B | Mar 0.30% · Apr 0.29% · May 0.30% | 3.62% | 0.29% | 100% | 0% | 88 days | 15 of 15 |
| BIL SPDR Bloomberg 1-3 Month T-Bill holdings to 2026-06-30 | $47.1B | Apr 0.29% · May 0.30% · Jun 0.29% | 3.58% | 0.29% | 95% | 0% | 55 days | 12 of 12 |
| SHV iShares 0-1 Year Treasury Bond holdings to 2026-05-31 | $20.7B | Mar 0.27% · Apr 0.29% · May 0.29% | 3.47% | 0.27% | 96% | 0% | 99 days | 15 of 15 |
| GBIL Goldman Sachs Access Treasury 0-1 Year holdings to 2026-05-31 | $7.6B | Mar 0.25% · Apr 0.30% · May 0.28% | 3.42% | 0.25% | 100% | 0% | 134 days | 15 of 15 |
| Treasury floating-rate notes | ||||||||
| TFLO iShares Treasury Floating Rate Bond holdings to 2026-07-31 | $6.7B | May 0.29% · Jun 0.34% · Jul 0.33% | 3.91% | 0.29% | 99% | 0% | — | 12 of 12 |
| USFR WisdomTree Floating Rate Treasury holdings to 2026-05-31 | $17.0B | Mar 0.30% · Apr 0.33% · May 0.29% | 3.74% | 0.29% | 100% | 0% | — | 15 of 15 |
| Treasuries, 1–3 years | ||||||||
| SCHO Schwab Short-Term U.S. Treasury holdings to 2026-06-30 | $13.0B | Apr 0.19% · May 0.15% · Jun 0.02% | 1.45% | 0.02% | 100% | 0% | — | 10 of 12 |
| VGSH Vanguard Short-Term Treasury holdings to 2026-05-31 | $33.9B | Mar −0.43% · Apr 0.16% · May 0.15% | −0.47% | −0.43% | 100% | 0% | — | 13 of 15 |
| SHY iShares 1-3 Year Treasury Bond holdings to 2026-05-31 | $25.4B | Mar −0.47% · Apr 0.19% · May 0.09% | −0.77% | −0.47% | 98% | 0% | — | 13 of 15 |
| Company floating-rate notes | ||||||||
| FLRN SPDR Bloomberg Investment Grade Floating Rate holdings to 2026-06-30 | $3.0B | Apr 0.41% · May 0.39% · Jun 0.35% | 4.70% | 0.35% | 0% | 0% | — | 12 of 12 |
| FLOT iShares Floating Rate Bond holdings to 2026-07-31 | $10.3B | May 0.37% · Jun 0.37% · Jul 0.34% | 4.41% | 0.34% | 0% | 0% | — | 12 of 12 |
| Ultra-short, mixed bonds | ||||||||
| MINT PIMCO Enhanced Short Maturity Active holdings to 2026-06-30 | $16.4B | Apr 0.40% · May 0.38% · Jun 0.35% | 4.61% | 0.35% | 20% | 27% | — | 12 of 12 |
| VUSB Vanguard Ultra-Short Bond holdings to 2026-06-30 | $8.9B | Apr 0.40% · May 0.37% · Jun 0.24% | 4.13% | 0.24% | 5% | 27% | — | 11 of 12 |
| GSY Invesco Ultra Short Duration holdings to 2026-07-31 | $3.9B | May 0.34% · Jun 0.31% · Jul 0.32% | 3.93% | 0.31% | 4% | 15% | — | 12 of 12 |
| PULS PGIM Ultra Short Bond holdings to 2026-05-29 | $16.3B | Mar 0.15% · Apr 0.42% · May 0.38% | 3.87% | 0.15% | 0% | 33% | — | 15 of 15 |
| ICSH iShares Ultra Short Duration Bond Active holdings to 2026-07-31 | $8.1B | May 0.31% · Jun 0.26% · Jul 0.30% | 3.54% | 0.26% | 2% | 10% | — | 12 of 12 |
| JPST JPMorgan Ultra-Short Income holdings to 2026-05-31 | $38.4B | Mar 0.05% · Apr 0.36% · May 0.31% | 2.92% | 0.05% | 5% | 10% | — | 15 of 15 |
| NEAR iShares Short Duration Bond Active holdings to 2026-07-31 | $4.9B | May 0.21% · Jun 0.10% · Jul 0.10% | 1.65% | 0.10% | 31% | 31% | — | 11 of 12 |
Days to maturity shown for bill funds only: a floating-rate note resets every week or quarter, so its final date overstates how long money is tied up. N-PORT reports go public three months after the quarter they cover. Money back: every fund here trades on the exchange any market day, and the cash settles the next business day (T+1).
Form N-MFP3, filed every month with a figure for each business day. Money back: redeem with the fund any business day. The SEC rules each must hold every day: at least 25% in cash within a day, 50% within a week, price per share $0.9950–$1.0050. Kept its word →
| Money-market fund | Net assets | 7-day yield, month avg | Lowest cash within a day | Lowest cash within a week | Price per share | Avg days to maturity | Months every rule held |
|---|---|---|---|---|---|---|---|
| SPAXX Fidelity Government Money Market Fund Government · month of 2026-09 | $465.9B | 3.38% | 57% | 73% | $0.9996–0.9999 | 38 days | 25 of 25 |
| SWVXX Schwab Prime Advantage Money Fund Prime · month of 2026-09 | $391.5B | 3.59% | 36% | 55% | $0.9997–1.0000 | 32 days | 25 of 25 |
| VMFXX Vanguard Federal Money Market Fund Government · month of 2026-09 | $376.8B | 3.68% | 50% | 65% | $0.9999–1.0000 | 22 days | 25 of 25 |
| JTSXX JPMorgan 100% U.S. Treasury Securities Money Market Fund Government · month of 2026-09 | $340.2B | 3.60% | 100% | 100% | $0.9997–1.0002 | 46 days | 25 of 25 |
| FRGXX Fidelity Investments Money Market Government Portfolio Government · month of 2026-09 | $249.8B | 3.65% | 54% | 71% | $0.9997–1.0000 | 32 days | 25 of 25 |
| FDRXX Fidelity Government Cash Reserves Government · month of 2026-09 | $248.0B | 3.45% | 56% | 72% | $0.9998–1.0001 | 35 days | 25 of 25 |
| TTTXX TREASURY TRUST FUND Government · month of 2026-09 | $183.7B | 3.65% | 100% | 100% | $0.9997–1.0003 | 54 days | 25 of 25 |
| GOFXX FEDERATED HERMES GOVERNMENT OBLIGATIONS FUND Government · month of 2026-09 | $177.2B | 3.64% | 62% | 75% | $0.9993–0.9996 | 36 days | 25 of 25 |
| SPRXX Fidelity Money Market Fund Prime · month of 2026-09 | $132.9B | 3.42% | 63% | 78% | $0.9999–1.0000 | 14 days | 25 of 25 |
| VUSXX Vanguard Treasury Money Market Fund Government · month of 2026-09 | $114.2B | 3.73% | 100% | 100% | $0.9999–1.0000 | 28 days | 25 of 25 |
| SNVXX Schwab Government Money Fund Government · month of 2026-09 | $87.5B | 3.46% | 40% | 68% | $0.9996–0.9998 | 34 days | 25 of 25 |
| FZFXX Fidelity Treasury Money Market Fund Government · month of 2026-09 | $47.8B | 3.41% | 89% | 98% | $0.9998–1.0001 | 33 days | 25 of 25 |
Each pays its common dividend monthly, in its own words: its 10-K or its dividend announcements filed with the SEC. Yield = the current monthly rate × 12 ÷ the last end-of-day price, refreshed every evening (last fiscal year’s audited dividend where recent payments are missing). Coverage: operating cash for property REITs, net investment income for business lenders, comprehensive income for mortgage REITs; royalty trusts pay out what the royalties bring in. Ordered by warning signs, then yield.
| Company | Boat · warning signs | Yield | Price, end of day | Coverage | Liabilities ÷ capital | Book value / share, 3 yrs | Kept its word: years the dividend held |
|---|---|---|---|---|---|---|---|
| EPR EPR Properties Property REIT | New ship no warning signs | 6.2% | $59.58 2026-11-02 | 1.45× operating cash | 1.4× | n/a | 5 of 5 |
| O Realty Income Property REIT | New ship no warning signs | 5.7% | $57.58 2026-11-02 | 1.37× operating cash | 0.8× | n/a | 5 of 5 |
| UDR UDR Property REIT | New ship no warning signs | 4.8% | $35.91 2026-11-02 | 1.59× operating cash | 2.2× | n/a | 5 of 5 |
| ADC Agree Realty Property REIT | New ship no warning signs | 4.7% | $68.48 2026-11-02 | 1.48× operating cash | 0.6× | n/a | 5 of 5 |
| PECO Phillips Edison & Company Property REIT | New ship no warning signs | 3.5% | $39.68 2026-11-02 | 2.21× operating cash | 1.3× | n/a | 5 of 5 |
| PSEC Prospect Capital Business lender (BDC) | Sound ship book value down 10%+ | 25.9% | $1.62 2026-11-02 | 1.31× net investment income | 1.2× | −34.5% | 5 of 5 |
| PFLT PennantPark Floating Rate Capital Business lender (BDC) | Sound ship payout not covered | 14.4% | $6.93 2026-11-02 | 0.96× net investment income | 1.7× | −4.7% | 5 of 5 |
| SCM Stellus Capital Investment Business lender (BDC) | Sound ship payout not covered | 13.9% | $7.18 2026-11-02 | 0.81× net investment income | 1.8× | −8.6% | 5 of 5 |
| TRIN Trinity Capital Business lender (BDC) | Sound ship dividend fell (2023) | 11.9% | $17.15 2026-11-02 | — net investment income | 1.3× | −0.8% | 4 of 5 fell 2023 |
| MSIF MSC Income Fund Business lender (BDC) | Sound ship payout not covered | 11.1% | $11.93 2026-11-02 | 0.97× net investment income | 0.9× | 4.1% | 5 of 5 |
| PVL Permianville Royalty Trust Royalty trust | Sound ship distributions fell (2023, 2024) | 10.4% | $1.84 2026-11-02 | — royalty trust: pays out what the royalties bring in | — | n/a | 3 of 5 fell 2023, 2024 |
| GLAD Gladstone Capital Business lender (BDC) | Sound ship payout not covered | 9.4% | $19.17 2026-11-02 | 0.81× net investment income | 0.9× | 17.5% | 5 of 5 |
| LAND Gladstone Land Property REIT | Sound ship payout not covered | 7.6% | $7.42 2026-11-02 | 0.34× operating cash | 0.8× | n/a | 5 of 5 |
| DOC Healthpeak Properties Property REIT | Sound ship dividend fell (2021) | 6.3% | $19.48 2026-11-02 | 1.47× operating cash | 1.7× | n/a | 4 of 5 fell 2021 |
| CRT Cross Timbers Royalty Trust Royalty trust | Sound ship distributions fell (2024, 2025) | 6.3% | $12.86 2026-11-02 | — royalty trust: pays out what the royalties bring in | — | n/a | 3 of 5 fell 2024, 2025 |
| SBR Sabine Royalty Trust Royalty trust | Sound ship distributions fell (2023, 2024, 2025) | 6.1% | $69.28 2026-11-02 | — royalty trust: pays out what the royalties bring in | — | n/a | 2 of 5 fell 2023, 2024, 2025 |
| MAIN Main Street Capital Business lender (BDC) | Sound ship payout not covered | 5.6% | $56.30 2026-11-02 | 0.97× net investment income | 0.9× | 19.2% | 5 of 5 |
| APLE Apple Hospitality REIT Property REIT | Sound ship dividend fell (2021, 2025) | 5.1% | $18.67 2026-11-02 | 1.54× operating cash | 0.6× | n/a | 3 of 5 fell 2021, 2025 |
| PBT Permian Basin Royalty Trust Royalty trust | Sound ship distributions fell (2023, 2024, 2025) | 0.8% | $30.39 2026-11-02 | — royalty trust: pays out what the royalties bring in | — | n/a | 2 of 5 fell 2023, 2024, 2025 |
| SAR Saratoga Investment Business lender (BDC) | Weathered boat payout not covered book value down 10%+ | 22.0% | $13.63 2026-11-02 | 0.70× net investment income | 1.9× | −16.3% | 5 of 5 |
| DX Dynex Capital Mortgage REIT | Weathered boat borrows over 3× capital dividend fell (2021) | 19.3% | $10.58 2026-11-02 | 1.44× comprehensive income | 6.0× | — | 4 of 5 fell 2021 |
| GOOD Gladstone Commercial Property REIT | Weathered boat borrows over 3× capital dividend fell (2023) | 10.4% | $11.58 2026-11-02 | 1.29× operating cash | 6.3× | n/a | 4 of 5 fell 2023 |
| GAIN Gladstone Investment Business lender (BDC) | Weathered boat payout not covered dividend fell (2025, 2026) | 6.3% | $15.27 2026-11-02 | −0.07× net investment income | 1.0× | 28.2% | 3 of 5 fell 2025, 2026 |
| GROW U.S. Global Investors Company | Weathered boat payout not covered warning filing | 3.6% | $2.68 2026-11-02 | 0.65× operating cash | 0.1× | n/a | 5 of 5 |
| PNNT PennantPark Investment Business lender (BDC) | Old boat payout not covered book value down 10%+ dividend fell (2021) | 31.0% | $3.10 2026-11-02 | 0.68× net investment income | 1.9× | −20.8% | 4 of 5 fell 2021 |
| AGNC AGNC Investment Mortgage REIT | Old boat borrows over 3× capital book value down 10%+ dividend fell (2021) | 16.6% | $8.69 2026-11-02 | 1.21× comprehensive income | 8.3× | −18.3% | 4 of 5 fell 2021 |
| HRZN Horizon Technology Finance Business lender (BDC) | Rotting at the dock payout not covered book value down 10%+ dividend fell (2025) warning filing | 26.9% | $4.02 2026-11-02 | 0.86× net investment income | 1.6× | −39.1% | 4 of 5 fell 2025 |
| ORC Orchid Island Capital Mortgage REIT | Rotting at the dock payout not covered borrows over 3× capital book value down 10%+ dividend fell (2022, 2023, 2024) | 24.8% | $4.83 2026-11-02 | 0.89× comprehensive income | 7.5× | −36.8% | 2 of 5 fell 2022, 2023, 2024 |
| EFC Ellington Financial Mortgage REIT | Rotting at the dock payout not covered borrows over 3× capital book value down 10%+ dividend fell (2024) | 13.5% | $11.54 2026-11-02 | 0.65× comprehensive income | 9.6× | −13.5% | 4 of 5 fell 2024 |
Leverage is how most of these pay more: mortgage REITs borrow 6–10× their capital, and the book-value column shows what a payout above earnings has cost. Property REITs carry buildings at depreciated cost, so book value is not a fair test for them (n/a). Signs: Payout not covered (coverage under 1.0×) · liabilities over 3× capital · book value per share down more than 10% in 3 years (lenders) · dividend per share (or a trust’s distributions) fell in any of the last 5 years · a warning filing in the last 12 months (8-K items 1.03, 1.05, 2.04, 2.05, 2.06, 4.01, 4.02, or a late-filing notice), the same list the boards use everywhere. Left out: Whitestone REIT (WSR): an 8-K in the last 12 months reports a change in control and delisting; Closed-end funds, non-traded REITs and private credit funds: no exchange-listed common stock with a 10-K; Payers whose monthly common dividend is not stated in their own 10-K or 8-K announcements. Display only, not investment advice. JSON
Short answers: cash for 1, 3, 6 or 12 months, the highest-yield money-market funds, the soundest monthly payers, insurers’ portfolios, reinsurers →
Do these calls hold up? They are locked and scored in the open: Board test →
🔖 Exposure: revenue $201.0B (FY2025), total debt $58.7B. Experience: revenue up 22.2% on the year, up 14.3% a year over 4 years; operating margin 41.4%, down from 42.2%. Soundness: equity 59.4% of assets, return on equity 27.8%, payout 8.8% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $209.3B and $263.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $189.1B to $289.0B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin 41.4% against a 2.9% median; growth 22.2% against 5.7%.
Learn more →🔖 Exposure: revenue $63.3B (FY2026), total debt $22.9B. Experience: revenue up 11.8% on the year, up 5.3% a year over 4 years; operating margin 24.3%, up from 20.8%. Soundness: equity 38.8% of assets, return on equity 26.4%, payout 49.4% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $60.2B and $72.2B next year (method v4.1: its own 5-year record of growth weighed at 57% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $55.5B to $77.7B. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, computer communications equipment): operating margin 24.3% against a 13.1% median; growth 11.8% against 5.9%.
Learn more →🔖 Exposure: revenue $45.7B (FY2025). Experience: revenue down 11.7% on the year, up 0.9% a year over 4 years. Soundness: equity 24.5% of assets, return on equity 19.4%, payout 34.2% of profit, dividend per share up 5 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $33.6B and $48.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $28.5B to $56.4B. A statistical range, not company guidance. Against peers (108 filers, $50M+ revenue, its industry group): growth -11.7% against 5.8%.
Learn more →🔖 Exposure: revenue $28.7B (FY2025), total debt $60.8B. Experience: revenue up 4.4% on the year, up 3.4% a year over 7 years. Soundness: equity 9.4% of assets, return on equity 11.7%, payout 41.7% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $26.2B and $32.2B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $24.0B to $35.0B. A statistical range, not company guidance. Against peers (20 filers, $50M+ revenue, national commercial banks): growth 4.4% against 7.2%.
Learn more →🔖 Exposure: revenue $28.1B (FY2025), total debt $4.9B. Experience: revenue up 2.1% on the year, up 15.5% a year over 4 years; operating margin 1.5%, up from 1.2%. Soundness: equity 27.5% of assets, return on equity 5.5%, payout 90.5% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $23.3B and $33.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $19.8B to $39.1B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, air transportation, scheduled): operating margin 1.5% against a 2.7% median; growth 2.1% against 3.5%.
Learn more →Nine boards reading every SEC filing the business day after it lands, from the settled SEC daily index, ten editorial desks publishing daily, an open endpoint other AIs can query, and a 70,000-product house behind all of it. This is the public record end of it.