Is RiverNorthDoubleLine stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, RiverNorthDoubleLine pays dividends. Last time was Friday 15th of November 2024 where the investors holding the stock on Friday 1st of November 2024 were paid $0.27344 per share. Over the last 8 times between 2023 and 2024, RiverNorthDoubleLine has paid $2.18752 with an average of $0.27 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for RiverNorthDoubleLine 10 years ago, but if you had invested on Monday 19th of October 2020 when the price was $24.93, you would have made a loss of $-6.39 per share or -25.63%
No, the average daily trading liquidity for RiverNorthDoubleLine is $4 236 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
RiverNorthDoubleLine has no real debt, which is good in periods of high inflation. RiverNorthDoubleLine has a very good net profit margin of 215.24% and should have very high tolerances against inflation.
We have calculated the inflation risk for RiverNorthDoubleLine to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.