Dividend-News

Ellington Financial Inc: A Monthly Dividend Stock That Yields 9.5%

A High-Yield Real Estate Stock to Think About
It doesn’t take a rocket scientist to see why Ellington Financial Inc (NYSE: EFC) could be special.
In today’s market, most dividend stocks follow quarterly distribution schedules. Ellington Financial, however, pays investors monthly. Also in today’s market, most dividend stocks yield less than four percent. Ellington Financial, on the other hand, yields 9.5% at its current share price.
The only issue, of course, is that when something seems too good to be true, it often is. So it’s better to approach this high-yield, monthly dividend stock with caution.
Headquartered in Old Greenwich, CT, Ellington Financial Inc is a real estate investment trust (REIT). The company invests in a diverse array of financial assets, such... more

Published Mon, 14 Jun 2021 11:20:59 on Income InvestorsStock symbol(s): EFC

Safehold Increases Quarterly Stock Dividend by 4.8%

Safehold Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.17 per share for the second quarter of 2021. The dividend represents an annualized rate of $0.68 per share and is payable on July 15, 2021 to holders of record on June 30, 2021.... more

Published June 14, 2021 07:30 AM EDT on BusinessWireStock symbol(s): SAFE

Boston Properties Declares Regular Quarterly Dividend

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2021 to June 30, 2021 payable on July 30, 2021 to shareholders of record as of the close of business on June 30, 2021.... more

Published June 14, 2021 07:00 AM EDT on BusinessWireStock symbol(s): BXP

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced the declaration of its distribution for the month of June 2021 of $0.0975 per common share, payable as noted below.... more

Published June 11, 2021 04:15 PM EDT on BusinessWireStock symbol(s): ARDC

Rand Worldwide Announces Successful Completion of Debt Refinancing and Declares Special Dividend

Today, Rand Worldwide Inc. (OTCBB: RWWI), the nationwide technology experts for design, engineering, simulation and facilities management, announced that it has entered into an amended and restated credit agreement with its bank consisting of two credit facilities which replace the Company’s previous credit agreements. The first facility is a five-year $10 million line of credit, secured by all assets of the Company with borrowing levels subject to borrowing base limits with interest set at the one-month LIBOR rate plus a margin of 1.50%. The second facility is a five-year, $38 million term note loan with scheduled monthly principal payments of $633,333.33 over its five-year term, and interest paid monthly based on one-month LIBOR rate plus a margin of 1.50%. In connection with this... more

Published June 11, 2021 01:00 PM EDT on BusinessWireStock symbol(s): RWWI

Amen Properties Reports Results for First Quarter of 2021 and Announces Dividend

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2021. The Company posted quarterly revenue of $422 thousand and net income of $154 thousand. These results compare to revenue of $407 thousand and net income of $(1.5) million for the same quarter last year. The Company’s improvement in profitability was caused by excess depletion recorded in prior periods for some of the Company’s working interests and a loss of $(1.3) million recognized in 2020 as a result of the conversion of marketable securities.... more

Published June 11, 2021 12:45 PM EDT on BusinessWireStock symbol(s): AMEN

Graco Announces Regular Quarterly Dividend

The Board of Directors of Graco Inc. (NYSE: GGG) has declared a regular quarterly dividend of 18.75 cents ($0.1875) per common share, payable on Aug. 4, 2021 to shareholders of record at the close of business on July 19, 2021. The Company has approximately 169.7 million shares outstanding.... more

Published June 11, 2021 09:33 AM EDT on BusinessWireStock symbol(s): GGG

Philip Morris International (PMI) Announces New Three-Year Share Repurchase Program of up to $7 Billion, With Target Spending of $5 to $7 Billion; Declares Regular Quarterly Dividend of $1.20 Per Share

Regulatory News:... more

Published June 11, 2021 09:00 AM EDT on BusinessWireStock symbol(s): PM

Citizens Holding Company Announces Cash Dividend

Citizens Holding Company (Nasdaq: CIZN) announced today that its Board of Directors declared a cash dividend of $0.24 per share payable June 30, 2021, to shareholders of record as of June 18, 2021.... more

Published June 10, 2021 06:27 PM EDT on BusinessWireStock symbol(s): CIZN

Colgate Declares Regular Quarterly Dividend

The Board of Directors of Colgate-Palmolive Company (NYSE: CL) today declared a quarterly cash dividend of $0.45 per common share, payable on August 16, 2021 to shareholders of record as of July 21, 2021. The Company has paid uninterrupted dividends on its common stock since 1895.... more

Published June 10, 2021 04:35 PM EDT on BusinessWireStock symbol(s): CL