STAG is a single tenant focused industrial REIT that offers a healthy monthly dividend payment (8.0% yield) and the potential for significant price appreciation.
We believe it will benefit from the current uncertainty amid the coronavirus outbreak given its high exposure to the e-commerce sector.
This article reviews the health of the business, valuation, risks, dividend safety, and concludes with our opinion about why it's worth considering if you are a long-term income-focused investor.
STAG Industrial (STAG) is a single tenant focused industrial REIT that offers a healthy monthly dividend payment (8.0% yield) and the potential for significant price appreciation. We believe it will benefit from the current uncertainty amid the coronavirus outbreak given its high exposure to... more
The board of directors of AT&T Inc. (NYSE: T) today declared quarterly dividends on the company’s 5.000% Perpetual Preferred Stock, Series A and the company’s 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. The Series C dividend is $240.7986111 per preferred share, or $0.2407986111 per depositary share. The dividends are payable on May 1, 2020, to stockholders of record at the close of business on April 9, 2020.... more
On March 27, 2020, the Fairholme Focused Income Fund (“FOCIX” or the “Fund”) distributed an Ordinary Income dividend of $0.05007 per share to shareholders of record as of March 26, 2020. The Fund’s Net Asset Value (“NAV”) was reduced by the amount of the distribution.... more
Investors remain concerned about AT&T's financial position, however, AT&T's financial position is very manageable. The company's debt and dividend are both comfortably handled.
The company financially is very strong. Even with a 1-year COVID-19 delay scenario, shareholder rewards should be significant. In a 2008 scenario, the company rebounded in 1-year.
I recommend investing in AT&T as a long-term position given its current respectable and sustainable dividend yield.
AT&T (NYSE: T) is one of the largest conglomerates in the world with a market capitalization of more than $200 billion and a dividend of more than 7%. The company was my top pick for 2019, beating the S&P 500 (NYSEARCA: SPY) by 50%. Recently, a Seeking Alpha article was published... more
Johnson & Johnson is an attractive pick at discounted valuations.
The company has multiple promising assets in its portfolio.
Investors should consider risks such as litigation risks, competitive pressures, and generic erosion of established brands.
Pharmaceutical and biotech stocks seem to have emerged as market saviors in these times of uncertainty. Johnson & Johnson (JNJ) is one such company which seems all too well suited to face the current bear market.
This diversified healthcare conglomerate has a presence in pharmaceuticals, medical devices, and consumer healthcare segments. Since all these business segments are relatively recession-proof, Johnson & Johnson can prove to be a very attractive investment opportunity in current times.
Johnson &... more
The last month has been shocking for the unitholders of Energy Transfer Partners, whose plunging unit price has pushed their distribution yield to a once unthinkable 25%.
Naturally this indicates that the market does not believe that it will be sustained much further into the future.
Given their history of tapping debt markets to fund a portion of their operations, this article explores the costs continuing this strategy and their ability to self fund during 2020.
It appears that unless their bond yields decrease fairly soon, they will be forced to either reduce their capital expenditure further than recently suggested or reduce their distributions.
I believe that fundamentally they have the ability to sustain these distributions during normal financial market conditions and... more
EPR Properties experiential real estate is ground central for being closed during the COVID-19 crisis.
As a result the stock has plummeted over 75% over the last few weeks.
What seems to be missed however is just how well the firm was prepared going into this, with a fortress balance sheet and plenty of cash on hand.
When a stock yields well above 20%, it makes sense to ask whether that really is sustainable. Right now, EPR Properties' (EPR) stock yields a whopping 27%, following a share price plunge of 77% from its 52-week high.
We think that there is a high likelihood of a dividend cut, although we still believe that EPR Properties is a solid long-term investment at the current price. A dividend cut and some near-term trouble should be more than offset by... more
The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.52 a share on the company’s common shares. The dividend is payable on May 1, 2020, to stockholders of record at the close of business on April 9, 2020.... more
Canadian Dividend All-Stars are companies that have raised dividends for at least five consecutive years.
Alimentation Couche-Tard came through for investors, while NFI Group became the first to cut the dividend in 2020.
Only one All-Star is expected to raise dividends this week.
In terms of dividend growth, it was a quiet one last week. No All-Stars were scheduled to announce an increase, and none did. This week, there is but one All-Star on tap to raise dividends. Before we get into that, let's first take a look what transpired over the last two weeks.
Of note, all figures are in Canadian dollars unless otherwise noted.
Recent dividend updates
Only one All-Star was due for an increase and the good news is that Alimentation Couche-Tard (OTCPK: ANCUF)(OTCPK:... more
Kurdistan-focused Genel Energy has recently presented solid 2019 results backed by higher oil production.
The company decided not to cut the dividend, as its financial position and cash flows are robust enough to weather the downturn.
Genel Energy is one of the most undervalued oil companies in the world with EV/EBITDAX of just 0.48x.
Genel Energy plc (OTCPK: OTCPK: GEGYF) (OTCPK: OTCPK: GEGYY), a small-cap London-listed oil company focused on production & exploration in Kurdistan, has recently presented its 2019 results. The figures and the company's decision not to cut the dividend impressed the investor community, and the stock quickly recuperated after touching a multi-year valuation nadir on March 18.
With a sizable cash pile and negative net debt together with capex... more