Dividend-News
Daily dividend news for investors in dividend stocks
QTS Realty Trust: Data Center REIT With Yields Up To 7.3%, Plus Very Attractive Options Yields
QTS has two preferreds which yield 5.4% to 7.3%, with strong coverage.
Its common yields 3.6%, but one of its covered call options yields 8%, and one of its cash secured put options yields 11%.
QTS has outperformed its sector and the market over the past month, quarter, year and year to date.
Looking for virus-resistant income vehicles? Data center REITs such as QTS Realty (QTS) have outperformed the market and the Technology Sector SPDR ETF (XLK) over the past month, quarter, year and year to date:
Profile:
QTS is an industrial REIT, providing data center solutions across a diverse footprint spanning more than 6 million square feet of owned data center space throughout primarily North America and Europe. Through its software-defined technology platform, QTS is able to... more
SeekingAlphaStock symbol(s): QTS.PA
Insights At A Glance: Updating MLP Yield Scenario Analysis And Midstream Insider Buying
Since our initial stress test of the Alerian MLP Infrastructure Index’s (AMZI) yield, the index underwent its quarterly rebalancing with related constituent changes, and a few MLPs announced distribution cuts.
Management teams have taken advantage of these historically high yields by continuing to use this downturn as a buying opportunity.
In the last six trading days alone, there have been over $4 million of insider transactions among constituents of the Alerian Midstream Energy Index (AMNA).
By Bryce Bingham
Since our initial stress test of the Alerian MLP Infrastructure Index’s (AMZI) yield (read more), the index underwent its quarterly rebalancing with related constituent changes, and a few MLPs announced distribution cuts. In terms of constituent changes, Holly... more
SeekingAlphaStock symbol(s): CNXM,DCP,ENLC,EPD,HEP,MMP,NBLX,NS,OKE,PAGP,TGE
New York Community Bancorp: Modestly Undervalued But Dividend Limits Long Term Appeal
New York Community Bancorp's shares have declined back to an attractive valuation.
The company will almost certainly benefit from low benchmark interest rates although not to the same degree as during the last interest rate cycle.
The company's persistent lack of meaningful growth in book value will continue to inhibit the potential for long term capital gains.
Indeed, the company's preferred shares may be more appealing than the common stock.
New York Community Bancorp (NYCB) attracts frequent attention for its high dividend yield. The high dividend payout ratio, however, limits the company's potential appeal from a capital appreciation standpoint since it limits the company's ability to grow book value and, thus, incremental growth in earnings per share... more
SeekingAlpha
The Potential Impact Of Coronavirus On Dividends
Investors who rely on dividends for a large part of their income should prepare for significant dividend cuts and suspensions in 2020.
Is it reasonable to think that the coronavirus pandemic has the potential to be as damaging to the global economy and to dividends as previous world wars, pandemics, depressions and financial crises?
I think the answer has to be yes.
Investors who rely on dividends for a large part of their income should prepare for significant dividend cuts and suspensions in 2020.
In recent weeks, stock markets around the world have crashed as a direct result of the coronavirus pandemic.
In most corrections and market crashes, dividend investors are able to shrug off paper losses and focus on what really matters; their reliable stream of dividend... more
SeekingAlphaStock symbol(s): ITVPF,JDWPF,KGFHF,MAKSF,SAGKY
Crestwood Equity Partners: Another Safe 50+% Yield
CEQP is very cheap like many midstream O&G companies with a 50% yield and trades at 1:1 with 2019 DCF.
CEQP actually has 83% of its revenues coming from fixed-fee take or pay contracts.
Assuming no growth in EBITDA for 2020, CEQP can self-fund 80% of CAPEX and common distributions with ample room on its revolver.
Introduction
I have written two articles since the beginning of the market crash due to the outbreak of coronavirus on two high yield midstream O&G companies that had well covered 50%+ dividend yields. Those articles were based on Enable Midstream Partners (ENBL) and EnLink Midstream (ENLC).
The purpose of those articles was to show that the companies had high fixed-fee components to their revenue structure, low leverage, but most importantly, were... more
SeekingAlpha
AT&T: Tasty Yield, Not Attractive Long Term
AT&T has seen their dividend yield reach record levels.
The stock now has a dividend yield similar to the 7.6% peak during the financial crisis.
The company can easily cover the dividend via free cash flows by cutting a $4 billion stock buyback plan.
The 7.3% dividend yield is safe.
During the recent market collapse, AT&T (T) has seen their dividend yield soar to levels not seen since the financial crisis. The wireless and media giant has plenty of cash flows to survive and continue paying the dividend during a recession. My investment thesis has long been bullish on the stock closer to $30 and more bearish around $40 with the current situation no different.
Image Source: HBO Max website
Record Yield
Back in 2009, the stock dipped to only $21.44. At... more
SeekingAlpha
BNY Mellon High Yield Strategies Fund Declares Dividend
On March 26, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0215 per share of beneficial interest, payable on April 24, 2020 to shareholders of record at the close of business on April 9, 2020. The ex-dividend date is April 8 2020. The previous dividend declared in February was $0.0215 per share of beneficial interest.... more
BusinessWireStock symbol(s): DHF
The First Bancorp Declares First Quarter Dividend
The Board of Directors of The First Bancorp (Nasdaq: FNLC), the parent company of First National Bank, today declared a quarterly dividend of 30 cents per share. This first quarter dividend is payable April 20, 2020, to shareholders of record as of April 10, 2020. Based on the March 25, 2020 closing price of $19.99 per share, the annualized dividend of $1.20 per share translates to a yield of 6.00%.... more
BusinessWireStock symbol(s): FNLC
AEO Declares a Regular Quarterly Dividend of $0.1375 Per Share
American Eagle Outfitters, Inc. (NYSE: AEO) announced a quarterly cash dividend of $0.1375 per share, marking the company’s 63rd consecutive quarterly dividend. The $0.1375 dividend was declared on March 26, 2020 and is payable on May 14, 2020 to stockholders of record at the close of business on April 30, 2020.... more
BusinessWireStock symbol(s): AEO
CSB Bancorp, Inc. Declares First Quarter Cash Dividend
CSB Bancorp, Inc., (OTC Pink: CSBB) today announced that the Company’s Board of Directors has declared a first quarter cash dividend of $0.28 per share on its common stock, payable April 21, 2020 to shareholders of record as of April 7, 2020.... more
BusinessWireStock symbol(s): CSBB