Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $23 per share. The quarterly dividend is payable on June 29, 2018 to shareholders of record as of June 15, 2018.... more
William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading publisher of educational materials, announced that its Board of Directors, at a meeting of the Board on March 22, 2018, declared a dividend of $1.15 per share of its Common Stock payable on June 22, 2018 to holders of record at the close of business on May 17, 2018.... more
The industrial sector has broken down recently. I’m always happy to place a contrarian bet on high quality names when the market’s sentiment has shifted against them. However, it’s important that investors pay attention to the fundamentals when looking at beaten down names, and not just share price movements. Many names are down significantly from their 52-week highs, yet that doesn’t exactly mean that they’re cheap. Illinois Tool Works (ITW) is an example of this: these shares have fallen nearly 20% from its highs, yet the stock still trades above its historical average and well above levels that I would deem attractive from a fundamental perspective. ITW is without a doubt, a very high quality company, and it’s big decline placed it on my watch list,... more
GameStop's (GME) stock has been in a constant free-fall for the last couple of years. The latest bad news hit earlier this month when GameStop's CEO announced his departure. The gaming market is changing, and there are certainly headwinds ahead, but I see the current stock price as a bargain for the following reasons:
GameStop's performance over the last couple of years isn't nearly as bad as the collapsing stock price would indicate. If anything, there are some positives like consistent free cash flow and improving margins. GameStop has a clean balance sheet, which includes a positive net cash position. The dividend currently yields 11.16% and is supported by free cash flow. The stock is attractively valued based on multiple valuation models. GameStop Financial... more
In my quest to find new dividend growth stocks to add to my dividend growth stock portfolio, I wanted to perform a detailed stock analysis over a Dividend Aristocrat that I currently do not own. My focus has been in the consumer staple industry of later and I wanted to branch out to see if there were any potential investment opportunities in other industries. That is why I am performing a detailed dividend stock analysis over Leggett & Platt, Incorporated (LEG) today!
I love companies that have a diversified product offering. LEG definitely checks this box, as they are a market leader in the manufacturer of products that can be found in a residential, office, industrial, automobile, or retail store! What's crazy is that LEG is diversified within each of the segments listed... more
Barings Global Short Duration High Yield Fund (BGH), formerly known as Babson Capital Global Short Duration High Yield fund before it changed its name on September 12, 2016. The name change was intended to clarify the trust's relationship to Babson Capital Management LLC, the investment advisor, which concurrently changed its name to Barings LLC. At that time, the management announced all other aspects would remain unchanged. The fund has an inception date of 10/25/2012.
This CEF was brought to my attention from my previous article on AWF, "CEF AWF: High Yield Undervalued" and it definitely peaked my interest and I felt compelled to dig deeper into the fund.
BGH's investment objective seeks to generate as high a level of current income as they determine is... more
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, announced today that its board of directors declared a quarterly cash dividend of $0.19 per common share, payable June 29, 2018 to stockholders of record at the close of business on June 15, 2018.... more
For many dividend investors, 2018 has turned out to be a tumultuous year. Some of the market's most cherished stocks have seen extended declines - and investors are being faced with tough decisions about how to approach their investment strategies. This means that some long-standing rules might need to be revised in order to remain competitive in increasingly volatile markets. The underlying interest rate environment is another factor that poses challenges for dividend investors, and we believe that this is a scenario that requires increased exposure to the safe-haven SPDR Gold Trust ETF (NYSEARCA: GLD). We are long GLD and believe that dips in the ETF should be viewed as new buying opportunities while the current market environment maintains key characteristics... more
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that its Board of Directors has declared a dividend of $0.105 per share/unit for the second quarter 2018, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership units.... more