Stocks Trading Ex-Dividend on 10/19/2016

The following is a list of companies trading ex-dividend on Wednesday, October 19th:


Capitala Finance (Nasdaq: CPTA) declared a monthly dividend of $0.13 per share, or $1.56 annualized. This is a 17% decrease from the prior dividend of $0.1567. The dividend will be payable on October 28, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 10.7 percent.
SM Energy (NYSE: SM) declared a semi-annual dividend of $0.05 per share, or $0.1 annualized. The dividend will be payable on November 2, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 0.3 percent.
U.S. Ecology (Nasdaq: ECOL) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. The dividend will be payable on October 28, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 1.6 percent.
LTC Properties (NYSE: LTC) declared a monthly dividend of $0.190 per share, or $2.28 annualized. This is a 5.6% increase from the prior dividend of $0.18. The dividend will be payable on October 31, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 4.4 percent.
Costamare (NYSE: CMRE) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. This is a 65.5% decrease from the prior dividend of $0.29. The dividend will be payable on November 4, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 4.4 percent.Costamare announced today the following on Tuesday:(A) New Financing Arrangements1. In August 2016, we entered into a loan agreement with a leading European financial institution for the financing of the third and fourth 11,000 TEU vessels on order, acquired under our JV with York Capital. The facility is for an amount of up to US $ 87 million which will be repayable over 3 years. The proceeds are expected to finance the remaining yard installments for the two vessels.2. In August 2016, we finalized the refinancing of two credit facilities secured with the 2006-built vessel Cosco Beijing (9,469 TEUs) and the 2000-built ships Sealand New York and Sealand Washington (6,648 TEUs each). Under the new financing arrangements, balloon installments of US $ 90 million, due in the second and third quarter of 2018, have been extended to be amortized over three years.3. In September 2016, we finalized the refinancing of our US $ 1 billion facility. Under the new agreement, the balloon payment of approx. US $ 270 million, due in the second quarter of 2018, has been extended to be amortized over three years.(B) Dividend AdjustmentAt its special meeting yesterday, the Company's Board of Directors approved management's recommendation to declare $0.10 cash dividend per each common share, decreased from $0.29 per share distributed in the previous quarter. The dividend on the common stock of $0.10 per common share will be payable on November 4, 2016 to stockholders of record at the close of trading of the Company's common stock on the New York Stock Exchange on October 21, 2016. The Company has 77,457,448 shares of common stock outstanding as of today.Management CommentaryGregory Zikos, Chief Financial Officer of the Company said:"Our goal is to strengthen the Company and enhance long term shareholder value. Managing our debt repayment schedule, minimizing our capital commitments and adjusting the dividend are necessary steps in today's market environment.Since the beginning of the year, we have completed debt financing transactions of over US $ 760 million. Out of that amount, (a) approx. US $ 400 million involve the extension for 3 years of debt maturing in 2017 and 2018, (b) approx. US $ 175 million relate to the financing of our newbuild program, (c) approx. US $ 150 million relate to the refinancing of existing facilities, and (d) approx. US $ 40 million relate to new financings.We have no debt maturities in 2017, we have reduced our 2018 balloons from approx. US $440 million to approx. US $80 million and we have minimized our capital expenditure requirements.As long term committed shareholders, members of the founding family, currently controlling an interest of above 65% in the aggregate, have each decided for the second consecutive quarter to reinvest in full, the third quarter cash dividend under our dividend reinvestment plan available to all common stockholders."
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here. Pentair (NYSE: PNR) declared a quarterly dividend of $0.34 per share, or $1.36 annualized. The dividend will be payable on November 4, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 2.2 percent.
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here. Comtech Telecom (Nasdaq: CMTL) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. The dividend will be payable on November 22, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 9.5 percent.
Franklin Street Properties (NYSE: FSP) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. The dividend will be payable on November 10, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 6.5 percent.
Bridge Bancorp (Nasdaq: BDGE) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. The dividend will be payable on October 28, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 3.2 percent.
Procter & Gamble (NYSE: PG) declared a quarterly dividend of $0.6695 per share, or $2.678 annualized. The dividend will be payable on November 15, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 3 percent.
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here. WD-40 Co. (Nasdaq: WDFC) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. The dividend will be payable on October 31, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 1.5 percent.
Core Laboratories (NYSE: CLB) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. The dividend will be payable on November 22, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 1.9 percent.
Hospitality Properties Trust (Nasdaq: HPT) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. The dividend will be payable on November 17, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 7.2 percent.
RMR Group (Nasdaq: RMR) declared a quarterly dividend of $0.25 per share, or $1 annualized. The dividend will be payable on November 17, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 2.7 percent.
Select Income REIT (Nasdaq: SIR) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. The dividend will be payable on November 17, 2016, to stockholders of record on October 21, 2016, with an ex-dividend date of October 19, 2016. The annual yield on the dividend is 8.1 percent.... Read more