During my first finance class in my MBA program, we were taught basic valuation models for companies. Among these included the dividend discount model, which valued a company based on its current dividend and it ability to grow a dividend. If a company grew its dividend faster, it was valued more than a company who couldn't grow its dividend as quickly. Fast forward to today, whether you like it or not, we have collectively become yield hungry investors. The economy hasn't been doing that great, but the S&P 500 companies (NYSEARCA: SPY) seemingly continue to generate decent profits and grow their dividends. This has attracted pension funds, bond funds and macro funds into the S&P 500 because they an insatiable hunger for yield. ETFs such as iShares Select Dividend... more
The following is a list of companies trading ex-dividend on Monday, September 26th:
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. Orchid Island Capital (NYSE: ORC) declared a monthly dividend of $0.14 per share, or $1.68 annualized. The dividend will be payable on September 30, 2016, to stockholders of record on September 28, 2016, with an ex-dividend date of September 26, 2016. The annual yield on the dividend is 16.1 percent.
Philip Morris (NYSE: PM) declared a quarterly dividend of $1.04 per share, or $4.16 annualized. This is a 2% increase from the prior dividend of $1.02. The dividend will be payable on October 13, 2016, to stockholders... more
Looking for strong high dividend stocks? The kind that have steady growth in revenues, earnings and good dividend coverage?
You've come to the right place. Welcome to the business as usual niche world of shuttle tankers. It's estimated that the current world shuttle tanker fleet is only around 72 vessels, which is just a little more than 1% of the world's conventional tanker fleet.
Shuttle tankers may not be as sexy as the latest speed boat, but the thing is oil shippers can't live without them. In many ports, they must use shuttle tankers to monetize their oil, by getting it into port, where it will be distributed.
(Source: KNOP website)
We've owned KNOT Offshore Partners LP (NYSE: KNOP) and have written several articles about the company.
Earlier in the month, my shopping list for September was published on Seeking Alpha. At the time of publication, I was considering buying shares of Disney (NYSE: DIS), Starbucks (Nasdaq: SBUX), Abbott Laboratories (NYSE: ABT) and Verizon (NYSE: VZ) for mine and my wife's dividend growth portfolio. All companies were undervalued by my purchasing criteria (for our shopping list and investment rules, click here)
After some consideration, I decided to initiate a position in Disney. Shares were purchased at the price of $92.83 on 9/8/2016. While the dividend yield is on the smaller side at 1.51%, the average dividend raise over the past five years is north of 30%. With 6 consecutive years of dividend growth, I am willing to pay more than 5% above fair value to buy shares of the... more
September 23 MoPay SML Dog Equities
Yield (dividend / price) results from here verified by Yahoo Finance for 111 monthly dividend paying Small, Mid, & Large cap (MoPaySML) stocks from the USA & Canada as of market closing prices 9/23/16 revealed actionable conclusions discussed below. Small cap firms were valued at $200M(illion) to $2B(illion); Mid cap firms were worth $2B to $10B; Large caps were valued above $10B. The same scale was used to a list of Closed End Funds (CEFs), and a separate list of open end funds (also known as ETFs & ETNs) based on their total assets under management.
The Dividend Dogs Rule
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3)... more
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis. Companies that regularly increase dividends show confidence in future earnings growth potential. In the past week, 9 companies on my watch list announced dividend increases, including 2 of the stocks I own. The following table presents a summary.
The table is sorted by percentage increase, %Incr. Dividends are annualized and in US dollar, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend. (Some companies increase their... more
AT&T (NYSE: T) with its mouthwatering 4.7% yield, has served as an excellent safe haven for yield starved investors now that interest rates have fallen to their lowest point in recorded history.
That being said, over the past seven years the company's token dividend growth, of just $0.01 per quarter per year has become somewhat of an aggravation for many income investors. Since this equals 2.3% CAGR payout growth over the past seven years, which barely enough to keep up with inflation, this sentiment is understandable.
T Dividend data by YCharts
Previously I've written about why I think AT&T has the potential to grealy increase its dividend growth rate in the years, and decades to come.
With telecom, and technological change speeding up to... more
Meredith Corporation (NYSE: MDP) has never exactly been a household name, but many of its brands are.
The company is an old school magazine business that has been a chameleon over the years, constantly evolving and growing into a $1.6 billion multimedia powerhouse with a lineup of television stations, magazines, websites, and online apps.
For income investors, Meredith has been a reliable dividend-paying stock since 1947 and increased its payout for 23 consecutive years.
Furthermore, the stock offers an above-average 3.9% dividend yield and has seen its dividend compound by 12.6% per year over the last decade.
Higher-yielding dividend stocks usually do not record strong dividend growth, and MDP's stock also trades at a modest 14x forward earnings.
Let's take a... more
Units of TC PipeLines, LP (NYSE: TCP), the U.S. natural gas pipeline MLP of TransCanada (NYSE: TRP), have an extremely bright future and are currently undervalued in relation to the partnership's excellent growth potential. In short - investors can receive a secure 6.8% yield while they wait for the market to recognize the inherent value of TCP's asset base and solid financial performance.
TCP units are up 15% since my Seeking Alpha article last December rated it a BUY (see TCP: Recent Drop-Down Gives Access To Bullish New England Natural Gas Market). Add in the distributions and the gain is closer to 20%. In July, general partner TransCanada closed on its $15.8 billion acquisition of Columbia Pipeline Group [CPG]. With that acquisition, TRP became the general partner of... more
Own any utilities stocks? This sector had been on a tear in 2016, up until late July, after which it drifted down around 8% over the next seven weeks, until it started to rebound again recently, as investors seem to lose their rate hike fears, spurred on by the Fed's inaction this week.
Currently, the utilities sector leads all others for the past week, month, year and year to date:
As with many of our recent articles, we went back north across the border this week and found another monthly high dividend stock to add to your list of prospects. (The dollar amounts in this article will be in USD, unless otherwise noted. Even though it's based in Toronto, this company reports in US dollars, since that's where its operations are.)
Profile: Crius... more