NRG Energy, Inc. (NYSE: NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable on May 17, 2021 to stockholders of record as of May 3, 2021.... more
PEP Stock Remains a Top Pick for Dividend Investors
In a world of soaring tickers, dividend announcements often get ignored. After all, if you can earn a double-digit profit from one upswing in a company’s share price, who cares about a few percentages of dividend yield?
However, when a company has the ability to increase its dividend payment to shareholders year after year for a long time, it’s often a sign of durable competitive advantage. And if there’s one thing that every income investor should do, it’s to consider businesses with durable competitive advantages.
And that’s why the latest dividend announcement from PepsiCo, Inc. (Nasdaq: PEP) deserves attention.
On February 11, PepsiCo announced a five-percent increase to its annual dividend rate from $4.09... more
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on June 8, 2021, to holders of record at the close of business on May 17, 2021.... more
Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD $0.250 per stapled unit for the month of April 2021. The distribution will be paid by Granite on May 14, 2021 to stapled unitholders of record at the close of trading on April 30, 2021. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Thursday, April 29, 2021 on the Toronto Stock Exchange and on the New York Stock Exchange.... more
Euronav Stock Pays High Dividends During Record Year
If you’re an income-starved investor looking for a high dividend yield, you might want to put Euronav NV (NYSE: EURN) on your radar. The company, together with its subsidiaries, ships and stores crude oil worldwide. Euronav also offers floating storage and offloading (FSO) services.
The company’s fleet consists of two “V-Plus” vessels, 45 “VLCCs” (two to be delivered), 26 “Suezmaxes,” and two “FSO” vessels. This makes Euronav the largest NYSE-listed independent crude oil tanker company in the world. (Source: “All Vessels,” Euronav NV, last accessed April 15, 2021.)
As an oil and gas midstream company, Euronav operates in a cyclical industry. That means EURN... more
Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced that its board of directors has declared a cash dividend of $0.07 per share of common stock for April 2021. The dividend will be payable on May 14, 2021 to stockholders of record as of April 30, 2021.... more
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the first quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).... more
WWE (NYSE: WWE) announced that its Board of Directors today declared the Company’s regular quarterly dividend of $0.12 per share for all Class A and B shares of common stock. The record date for the dividend will be June 15, 2021 and the payment date will be June 25, 2021.... more