Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share. The dividend is payable on June 25, 2018, to shareholders of record as of the close of business on June 1, 2018. The quarterly dividend represents an indicated annual dividend rate of $1.24 per share.... more
After a long bull market that started in the aftermath of the financial crisis, an increasing number of investors are worrying about when the next recession is likely to occur. I won’t try to answer that question as recessions are inherently unpredictable and nearly impossible to forecast. What I will, however, say is that a recession is coming, sooner or later. And given that we are already in an unusually long bull market (2nd longest ever), this could occur rather sooner than later.
Source: USA Today
The S&P 500 (SPY) has nearly quadrupled since bottoming in March 2008. There have been 6 bear markets for the S&P 500 over the past 50 years, according to Yardeni Research, and they occur about every 3 and half years on average. So, we are well... more
“Recession Proof” Dividend Stocks Yes, it’s time to talk about the “R” word. I don’t claim to know exactly when the next recession is going to arrive. But what I do know is that a recession coupled with a bear market for stocks is coming. It could arrive as soon as 2019 or 2020, or a bit later perhaps, but history has shown that this is an inescapable fact of economic life.
Having invested and traded very actively throughout the 2008 financial crisis I know that many stocks will get hammered in the next significant stock market downturn. It’s not inconceivable that the broader market could end up seeing another 40-50% decline from peak to trough, and the high flying FANGs will likely get hurt the most.
STORE Capital Corp. (NYSE: STOR) is a high-quality commercial property REIT with a sustainable dividend and a conservative AFFO payout ratio. The REIT has a solid lease portfolio with a high percentage of investment-grade rated contracts and a high degree of tenant diversification. Further, the real estate investment trust has grown its dividend at a fast clip in recent years, improving the REIT's value proposition. An investment in STORE Capital Corp. comes with an entry yield of 4.9 percent, and the yield on cost will most likely rise going forward.
STORE Capital Corp.'s shares have rebounded hard and fast from the February 2018. The REIT's shares, however, are still down 1.8 percent year-to-date.
Here's STORE Capital Corp.'s 1-year share chart.
2017 was not a fun year for holders of New York Community Bank (NYCB). Your author started buying at the end of January last year. NYCB stock was already sliding, following the inability to close the proposed merger agreement for Astoria Financial (NYSE: AF). At the time, it seemed NYCB should recover quickly enough with the rest of the banking sector surging following Trump's election victory. Instead, the bank now finds itself at levels below where it was prior to November 8th, 2016:
NYCB data by YCharts
Even including the generous dividend from NYCB, it's disappointing being down on my cost basis here, since virtually every other US bank I own is up 30%+ since the election. Ironically, that election result is probably why the bank is so beaten down now - the New York... more
Actionable Conclusions (1-10): Analysts Peg Top Ten MoPay SML Stocks to Net 16.8% to 42% Gains To May, 2019 Four of the ten top-yield MoPay stocks (shaded in the chart above) were also among the top ten gainers for the coming year based on analyst 1 year target prices. Thus the yield strategy for this MoPay group, as graded by analyst estimates for May, proved 40% accurate.
The following probable profit-generating trades were decided by estimated dividend returns from $1000 invested in each highest yield stock. That dividend and the aggregate one year analyst median target price, as reported by YCharts, created the 2018-19 data. Ten probable profit-generating trades projected to May 17, 2019 were:
Crius Energy [KWH.UN.TO] netted $419.90 based on a median target estimate from five... more
I know Kung Foo, Karate, Bond Yields and forty-seven other dangerous words.
- The Wizard
For forty-four years I have trafficked in the bond markets. I have seen massive inflation, Treasury yields in the stratosphere and risk asset spreads that could barely be included on a chart. At four investment banks I ran Capital Markets, and was on the Board of Directors of those companies, and I have witnessed both extreme anger and one fist fight. It is funny, you know, how people behave when money is sitting there on the table.
One of the things rarely discussed in the Press are the mandates of money managers. Almost no one is unconstrained and virtually everyone is bound by regulations, the tax laws and FINRA and SEC stipulations. Life insurance companies and casualty companies and... more
Janus Henderson Group plc (NYSE: JHG, ASX: JHG) wishes to confirm that shareholders on the register at 5.00pm on 21 May 2018, the Record Date, will be entitled to a first quarter dividend in respect of the three months ended 31 March 2018 of 36.0 US cents per ordinary share.... more
Each week - time permitting - I will publish articles here, exclusive to SA readers - providing what I believe are the top-most stocks within four distinct sectors I follow - technology, industrial, healthcare, and consumer discretionary. In this specific article, I will focus purely on stocks within the industrial sector.
Every stock included within these articles are researched to the best of my ability, and combine both key fundamentals, and some technical analysis (specifically price/volume activity)...
The objective of this method of analysis is to combine both fundamental and price/volume activity towards identifying quality companies which are potentially under accumulation (often indicating the early stages of a trend).
On a practical level, I maintain a... more
We're returning to a very different theme for us - unlike most of our other articles, this is an article about a stock with no common dividends.
"Historically, we've chosen to use our cash to de-lever and to grow the business rather than pay dividends. One of the terms of our refinancing in the fall of last year is that we are unable to pay dividends on common stock until January 2021 unless we raise equity capital." (Source: Q1 '18 earnings call)
But don't despair; Global Ship Lease (GSL) has a preferred series with a very attractive 9.13% dividend.
Profile: Global Ship Lease is a containership lessor publicly traded since 15th August 2008 on the New York Stock Exchange. GSL is a Marshall Islands Corporation with administrative offices in London. It... more