Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution
Neuberger Berman High Yield Strategies Fund Inc. (NYSE Amex: NHS) has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on August 31, 2011, has a record date of August 15, 2011 and an ex-date of August 11, 2011.... more
5 S&P 500 Energy Utilities With Dividends Above 5%
Due to the government regulated pricing and distribution of energy utilities, utilities are considered generally reliable and predictable businesses. Issues such as the recent renewed concern over nuclear power can occur in response to news events, but the growing need for power is undeniable. The regulated pricing nature of the energy business within the U.S. tends to make utility dividends reasonably secure and predictable, though this security means that the dividends are unlikely to grow at a rapid pace. Utilities are generally far less volatile than the broader market, and the demand for utilities only increases over time as technology advances into new realms and the population continues to grow. I identified the five energy utilities within the S&P 500 that currently have a yield... more
KBW, Inc. Announces 2011 Second Quarter and First Half Results and Declares Quarterly Cash Dividend
KBW, Inc. (NYSE: KBW), a full-service investment bank that specializes in the financial services sector, today announced revenues of $64.0 million and a net loss of $4.2 million, or $0.14 per diluted share, for the quarter ended June 30, 2011. This compares with total revenues of $105.8 million and non-GAAP operating net income of $9.3 million, or $0.26 per diluted share, for the second quarter of 2010 and total revenues of $95.2 million and net income of $4.6 million, or $0.13 per diluted share, for the first quarter of 2011. See “Non-GAAP Financial Measures” below for a reconciliation of our non-GAAP operating results to our GAAP results. GAAP net income for the second quarter of 2010 was $8.2 million, or $0.22 per diluted share.... more
Span-America Declares Cash Dividend
Span-America Medical Systems, Inc. (Nasdaq: SPAN) announced today that the Board of Directors declared a regular quarterly dividend of $0.11 per share. The dividend is payable September 2, 2011, to shareholders of record on August 18, 2011.... more
15 High Yield, High Dividend, Growth Stocks
Comprehensive screens and creating ranking systems are one of my favorite starting points for identifying potential investments. While I typically focus on Dividend Champions (stocks that have raised dividends for 25+ years) or high yield momentum stocks, this screen began with the entire universe of US stocks, excluding those that trade over-the-counter. Using Stockscreen123, I required stocks to have: yield > 3%, payout ratio < 50%, dividend growth of at least 5% over the past 1, 3, and 5 years, dividend growth rate among the top 5% in the stock's respective industry Projected PE > 0 (in other words, the.... more
15 Companies Compounding Shareholder Wealth With Higher Dividends
Compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. So, what’s more powerful than compound interest? Compound dividends! Compound dividends are like compound interest on steroids – you are not only earning on reinvested dividends, but the dividend rate is increasing. Here are several companies compounding their shareholders' wealth with increased cash dividends:Republic Services, Inc. (RSG) provides nonhazardous solid waste collection, transfer, and disposal services. July 28th the company increased its quarterly dividend 10% to $0.22 per share. The dividend is payable on October 17, 2011 to stockholders of record on October 3, 2011. The yield... more
RockTenn Announces Dividend
RockTenn today reported that its Board of Directors declared a dividend of $0.20 per share on its Class A Common Stock to shareholders of record at the close of business on August 9, 2011. The dividend, which will be paid on August 22, 2011, represents an annual dividend rate of $0.80 per share.... more
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
The Board of Directors of Valero Energy Corporation (NYSE: VLO) has declared a regular quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend is payable on September 14, 2011 to holders of record at the close of business on August 17, 2011.... more
Health Care REIT, Inc. Declares Second Quarter Dividend
Health Care REIT, Inc. (NYSE: HCN) announced today that its Board of Directors declared a cash dividend for the quarter ended June 30, 2011 of $0.715 per share. The dividend will be the company's 161st consecutive quarterly payment, payable August 19, 2011, to stockholders of record on August 9, 2011.... more
Medtronic: Dividend Dynamo or Blowup?
Let's examine how Medtronic (NYSE: MDT) stacks up in four critical areas to determine whether it's a dividend dynamo or a disaster in the making. 1. YieldFirst and foremost, dividend investors like a large forward yield. But if a yield gets too high, it may reflect investors' doubts about the payout's sustainability. If investors had confidence in the stock, they'd be buying it, driving up the share price and shrinking the yield.... more