Rogers Communications Stock Could Be a Solid Dividend Play
Americans’ cell phone bills have gotten quite expensive over the years, but north of the border, consumers are paying even more.
According to a recent report, Canadians are, on average, paying 20% more than Americans on their cell phone plans. For a 2GB data plan with unlimited talk and text, Canadians pay an average of $74.00 per month, compared to $60.00 in the U.S. For a 5GB data plan, the average Canadian bill is $87.00 per month, compared to $63.00 for Americans. (Source: “Why Are Cell Phone Plans so Expensive in Canada?” Cansumer, March 29, 2021.)
To our Canadian readers, here’s an idea: If you can’t beat ’em, join ’em.
I’m talking about being a shareholder of Rogers... more
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.36 per common share on its common shares. The dividend is payable on June 30, 2021, to shareholders of record on June 15, 2021.... more
Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable June 18, 2021 to shareholders of record on June 4, 2021.... more
The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on June 18, 2021, to shareholders of record on May 24, 2021.... more
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.... more
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared a monthly distribution of $0.05 per share for the month of May 2021. The following dates apply:... more
The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of sixteen cents ($0.16) per share. The dividend will be payable June 10, 2021 to shareholders of record at the close of business on May 27, 2021.... more
CEQP Stock Up 240% Year-Over-Year; Company Increases 2021 Guidance
What’s not to like about Crestwood Equity Partners LP (NYSE: CEQP)?
The company has done everything you’d expect a high-yield stock to do during the worst economic crisis in 100 years. Crestwood Equity Partners stock has provided substantial, reliable passive income during times of volatility and underlying strength when the markets have turned bullish.
Before the COVID-19-related stock market crash in February/March 2020, CEQP stock provided investors with an annual dividend of $2.50 per share, which in early February 2020 worked out to a 10.7% dividend yield.
On March 18, 2020, Crestwood Equity Partners stock bottomed at $2.25, which translated to an annual dividend yield of 111.1%. As of this... more
Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per common share, payable on June 25, 2021 to stockholders of record as of May 28, 2021. This dividend represents an increase of 7% as compared to the Company’s previously declared monthly common dividend of $0.14 for the month of April.... more