Secure Your Future With These Stocks
Many investors lost money over the past couple of years, but the endowments at prestigious universities suffered even worse. Investment performance at Harvard and Yale "badly trailed" the results at the average college, as The Wall Street Journal so delicately put it. I'm shocked -- but not because of these endowments' lackluster returns. With exotic strategies and illiquid investments, Princeton registered a 24% loss in 2009, while Cornell took a 26% hit, and Harvard suffered a 27% drop. Compare those losses to the 18% drop for the median large endowment. Worse yet, many such institutions fund their operating expenses with the capital from endowments like these. If they don't generate capital gains, they may be forced to cut budgets and slash salaries.... more
Which Banks Will Raise Their Dividend First?
Virtually every major U.S. bank slashed its dividend during the credit crisis. One factor that has kept those dividends at rock-bottom levels is the lingering uncertainty concerning new capital adequacy standards. In Basel, regulators finally agreed on global minimum capital standards this month. In light of the new requirements, which banks will raise their dividend soonest? What is this Tier 1 capital you speak of?The new standard that banks much achieve is a minimum 4.5% common equity ratio and a 6% Tier 1 capital ratio. Tier 1 capital is the highest grade of capital, consisting of equity capital (common shares and non-cumulative preferred shares) and disclosed reserves.... more
Can These Dividend Stocks Keep Paying You?
Many investors lost money over the past couple of years, but the endowments at prestigious universities suffered even worse. Investment performance at Harvard and Yale "badly trailed" the results at the average college, as The Wall Street Journal so delicately put it. I'm shocked -- but not because of these endowments' lackluster returns. With exotic strategies and illiquid investments, Princeton registered a 24% loss in 2009, while Cornell took a 26% hit, and Harvard suffered a 27% drop. Compare those losses to the 18% drop for the median large endowment. Worse yet, many such institutions fund their operating expenses with the capital from endowments like these. If they don't generate capital gains, they may be forced to cut budgets and slash salaries.... more
These 3 Stocks Bring In the Dividends
Many investors lost money over the past couple of years, but the endowments at prestigious universities suffered even worse. Investment performance at Harvard and Yale "badly trailed" the results at the average college, as The Wall Street Journal so delicately put it. I'm shocked -- but not because of these endowments' lackluster returns. With exotic strategies and illiquid investments, Princeton registered a 24% loss in 2009, while Cornell took a 26% hit, and Harvard suffered a 27% drop. Compare those losses to the 18% drop for the median large endowment. Worse yet, many such institutions fund their operating expenses with the capital from endowments like these. If they don't generate capital gains, they may be forced to cut budgets and slash salaries.... more
CreXus Investment (CXS) Declares $0.17 Quarterly Dividend; 5.5% Yield
CreXus Investment Corp. (NYSE: CXS) declared the third quarter 2010 common stock cash dividend of $0.17 per common share, $0.68 annualized. This dividend is payable October 28, 2010 to common shareholders of record on September 30, 2010. The ex-dividend date is September 28, 2010. Yield on the dividend is 5.5%.... more
Kohlberg Capital (KCAP) Declares $0.17 Quarterly Dividend; 11.3% Yield
Kohlberg Capital Corporation (Nasdaq: KCAP) declared a cash dividend of $0.17 per share, $0.68 annualized. The dividend is payable on October 29, 2010 to shareholders of record as of October 8, 2010. The ex-dividend date is October 6, 2010. Yield on the dividend is 11.3%.... more
Valspar (VAL) Declares $0.16 Quarterly Dividend; 2% Yield
The Valspar Corporation (NYSE: VAL) announced today that the Company’s Board of Directors have declared a quarterly dividend of $0.16 per share, $0.64 annualized. The dividend is payable October 15, 2010 to all common stockholders of record on October 1, 2010. The ex-dividend date is September 29, 2010. Yield on the dividend is 2.0%.... more
Penn West Energy Trust (PWE) Affirms September '10 Cash Dividend
Penn West Energy Trust (NYSE: PWE) confirms that its September 2010 cash distribution will be CDN$0.09 per trust unit payable on October 15, 2010 to unitholders of record on September 30, 2010. The ex-distribution date is September 28, 2010. The CDN$0.09 per unit is equivalent to approximately US$0.085 per unit (before deduction of any applicable Canadian withholding tax) using currency exchange of one Canadian dollar equals US$0.95.... more
Invesco Mortgage Capital (IVR) Increases Quarterly Dividend 35% to $1.00; Yields 18%
Invesco Mortgage Capital Inc. (NYSE: IVR) declared a dividend of $1.00 per share, $4.00 annualized. The dividend is a 35% increase from the previous rate of $0.74. The dividend will be paid on October 27, 2010 to shareholders of record on September 30, 2010. The ex-dividend date is September 28, 2010. Yield on the dividend is 18%.... more
Polo Ralph Lauren (RL) Approves $0.10 Per Share Quarterly Cash Dividend
Polo Ralph Lauren Corporation (NYSE: RL) has declared a quarterly dividend of $0.10 per share on Polo Ralph Lauren Corporation Common Stock. The dividend is payable on October 15, 2010 to shareholders of record at the close of business on October 1, 2010. Annual yield is 0.50%... more