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Stocks Trading Ex-Dividend on 12/22/2016

Published Thu, 22 Dec 2016 11:22:35 +0100 on StreetInsider

The following is a list of companies trading ex-dividend on Thursday, December 22nd:

Portland General Electric (NYSE: POR) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. The dividend will be payable on January 17, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.1 percent.
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. Principal Financial Group (NYSE: PFG) declared a quarterly dividend of $0.43 per share, or $1.72 annualized. This is a 4.9% increase from the prior dividend of $0.41. The dividend will be payable on December 27, 2016, to stockholders of record on December 5, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.2 percent.
Ladder Capital (NYSE: LADR) announced the declaration by its Board of Directors (“Board”) of a fourth quarter 2016 dividend of $0.46 per share of Class A common stock.This declaration reflects a 9.1% increase in Ladder’s recurring quarterly cash dividend, effective in the current quarter, to $0.30 per share from $0.275 per share. The fourth quarter dividend also includes an additional year-end distribution attributable to our 2016 REIT taxable income of approximately $0.16 per share of Class A common stock. As discussed below, the full fourth quarter dividend of $0.46 per share will be paid in a combination of cash and stock on January 24, 2017 to stockholders of record as of the close of business on December 27, 2016 (the “Record Date”).Stockholders may elect to receive the fourth quarter 2016 dividend in all cash (a “Cash Election”), or all shares of Ladder’s Class A common stock (a “Share Election”). Election forms and materials will be mailed to registered shareholders promptly after the Record Date, and will be due by January 12, 2017. Stockholders who do not return an election form, or who otherwise fail to properly complete an election form, will be deemed to have made a Share Election.In no event will any stockholder making a Cash Election receive less than $0.30 per share of such stockholder’s dividend in cash. The Board currently intends to continue paying a regular cash dividend of $0.30 per share in subsequent quarters, subject to business and market conditions and future Board approvals. The total amount of cash payable to all stockholders will be equal to $0.30 multiplied by the total outstanding shares of Class A common stock as of the Record Date (the “Cash Amount”). If the aggregate amount of cash to be distributed to stockholders making Cash Elections exceeds the Cash Amount, then the Cash Amount will be prorated among such stockholders, and the remaining portion of the fourth quarter 2016 dividend will be paid to such stockholders in shares of Ladder’s Class A common stock plus cash in lieu of any fractional shares. The total number of shares of Class A common stock to be distributed pursuant to the fourth quarter 2016 dividend will be determined based on stockholder elections and the volume weighted average price per share of Class A common stock on the New York Stock Exchange for the three trading days after the date that election forms are due. Shares of Class A common stock distributed as part of Ladder’s fourth quarter 2016 dividend shall accrue dividend and other benefits together with all other shares of Ladder’s Class A common stock.
General Electric (NYSE: GE) declared a quarterly dividend of $.24 per share, or $0.96 annualized. This is a 4.3% increase from the prior dividend of $.23. The dividend will be payable on January 25, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.1 percent.“GE has continued to deliver for our shareholders in 2016,” said GE Chairman and CEO Jeff Immelt. “We have a disciplined capital allocation strategy with a plan to return approximately $30 billion of cash to shareholders this year. This dividend increase is in line with our multi-year capital allocation framework to have a dividend payout ratio of 45-50% and then grow the dividend in line with earnings. We are positioned for long-term transformational growth across our Digital Industrial businesses.”
Surrey Bancorp (OTC: SRYB) declared a special dividend of $0.36 per share. The dividend will be payable on January 13, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.3 percent.
General Growth Properties (NYSE: GGP) declared a special dividend of $0.26 per share. The dividend will be payable on January 27, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 1 percent.
Highwoods Properties (NYSE: HIW) declared a special dividend of $0.80 per share. The dividend will be payable on January 10, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 1.6 percent.
Global Medical REIT (NYSE: GMRE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on January 10, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 8.4 percent.
Xcel Energy (NYSE: XEL) declared a quarterly dividend of $0.34 per share, or $1.36 annualized. The dividend will be payable on January 20, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.3 percent.
QAD Inc. (Nasdaq: QADB) declared a quarterly dividend of $0.072 per Class A common stock, or $0.288 annualized. The dividend will be payable on January 5, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 1.1 percent.
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. (AMEX: JW.A) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. The dividend will be payable on January 13, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.2 percent.
Balchem Corp. (Nasdaq: BCPC) declared an annual dividend of $0.38 per share, or $0.38 annualized. This is an 11.8% increase from the prior dividend of $0.34. The dividend will be payable on January 20, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 0.4 percent.
Invesco Mortage Capital (NYSE: IVR) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend will be payable on January 26, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 11.1 percent.
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here. Equity Residential (NYSE: EQR) declared a quarterly dividend of $0.50375 per share, or $2.015 annualized. The dividend will be payable on January 13, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 3.2 percent.
New York Mortgage Trust (Nasdaq: NYMT) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on January 26, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 14.7 percent.
Limoneira (Nasdaq: LMNR) declared a quarterly dividend of $0.055 per share, or $0.22 annualized. This is a 10% increase from the prior dividend of $0.05. The dividend will be payable on January 17, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 1.1 percent.
Albany International (NYSE: AIN) declared a quarterly dividend of $0.17 per share, or $0.68 annualized. The dividend will be payable on January 9, 2017, to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The annual yield on the dividend is 1.4 percent.... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
NEW YORK MORTGAGE TRUST 6.02   9.7 0.62 0.80 13.36
INVESCO MORTGAGE CAPITAL 16.10   0.0 -1.03 1.68 10.47
LADDER CAPITAL 16.72   9.1 1.84 1.36 8.08
PRINCIPAL FINANCIAL GROUP 52.17   9.7 5.36 2.16 4.23
HIGHWOODS PROPERTIES 45.66   28.0 1.63 1.90 4.18
GENERAL GROWTH PROPERTIES 22.06   37.4 0.59 0.88 4.01
EQUITY RESIDENTIAL 74.76   42.2 1.77 2.16 2.88
PORTLAND GENERAL ELECTRIC 52.34   22.1 2.37 1.45 2.78
XCEL ENERGY 56.50   22.9 2.47 1.62 2.68
LIMONEIRA CO 23.73   50.5 0.47 0.30 1.21
CALERES 26.60   12.7 2.09 0.28 1.02
ALBANY INTERNATIONAL 72.62   27.2 2.67 0.72 0.99
QAD 33.45   0.0 -0.02 0.24 0.71
BALCHEM 92.82   38.2 2.43 0.47 0.50
GENERAL ELECTRIC 9.96   0.0 -2.62 0.04 0.40