Dividend-News
Daily dividend news for investors in dividend stocks
BDCL And Its 16.7% Yield Might Warrant Your Consideration
Why Consider BDCL Again? The primary reason to buy any of the 2x Leveraged High-Yield ETNs, such as the UBS ETRACS 2x Leveraged Long Wells Fargo® Business Development Company ETN (NYSEARCA: BDCL), is the high current yields. I have written about my portfolio where the most important constraint is to only include securities with current yields above 15%. Other constraints are the typical retail IRA account restrictions which preclude the use of short-selling, margin borrowing, most options strategies and futures contracts. Some brokerage firms also impose additional constraints on IRA accounts. I suspect that there are many individuals, particularly those either partially or totally retired, who either have somewhat similar constraints or might possibly benefit from adopting them. There... more
SeekingAlphaStock symbol(s): CEFL,LBDC,MORL,MRRL,REML,SMHB,SMHD
Buckeye Partners: Don't Get Tricked Chasing This 7% Yielder
Buckeye Partners LP (NYSE: BPL) is going private, having agreed to be acquired by IFM - a large Australian infrastructure fund - for a 28% premium to the May 9 unaffected close. Yield-oriented investors may find the company's 7%+ yield attractive. However, in all likelihood, the deal will close prior to the Q4 payout, not giving some investors the annualized yield they expect.
Fundamental developments at the company have also been strong recently, causing some investors to want to take a closer look at BPL as an investment opportunity. For instance, the company appears to be recovering well from Hurricane Dorian's impact to operations and the company's Texas Partners terminal in Corpus Christi is generating delivery value for the business. Ultimately, these are likely to be... more
SeekingAlpha
Revisiting A Dividend Portfolio Of The World's Best Dividend ETFs
Prologue
In February 2017, I wrote what has turned out to be, in terms of page views, my second most popular article ever for this platform. That article? A Dividend Portfolio Built From The World's Best Dividend ETFs.
In short, that article took advantage of the combined filtering criteria of 5 world-class, dividend-focused ETFs in an attempt to find between 12-15 stocks which an investor desirous of starting their own dividend-focused portfolio could seriously consider as a starting point.
Five months later, in July 2017, I followed that with my most popular article, 20 Top Stocks For A Monthly Dividend Portfolio, which built on the work of the first article but selected a few additional stocks such that one would receive at least some dividends each and every month. At the... more
SeekingAlphaStock symbol(s): CVX,DGRO,HD,HDV,IBM,JNJ,KO,MCD,MO,MRK,MSFT,PEP,PFE,PG,SCHD,...
FS KKR: An Ideal Income Stock With Dividend Yield Of 12.5%.
FS KKR Capital Corp. Stock Price
FS KKR Capital Corp. (NYSE: FSK) generates a 12.5% yield because it and its markets are not well understood. It had its worst year with loss in 2018. Management has made changes and the stock has stabilized at around $6 per share. The market cap is about $3 billion. FSK is a strong buy.
The Business
FSK, as the business is commonly called, is a private loan company. Its market is companies with an EBITDA between $25 and $50 million, which are mid-market companies. Its businesses diversified lending to about 200 clients in 24 industries. The top 10 clients represented 20 % of the portfolio.
As a business grows, it tends to outgrow FSK because larger companies can get lower cost money from bank syndication. FSK loans come with... more
SeekingAlpha
First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for October
First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be October 1, 2019. The monthly distribution information for the Fund appears below.... more
BusinessWireStock symbol(s): FSD
First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for October
First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be October 1, 2019. The monthly distribution information for the Fund appears below.... more
BusinessWireStock symbol(s): FMY
First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.077 Per Share for October
First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.077 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be October 1, 2019. The monthly distribution information for the Fund appears below.... more
BusinessWireStock symbol(s): FAM
First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.121 Per Share for October
First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.121 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be October 1, 2019. The monthly distribution information for the Fund appears below.... more
BusinessWireStock symbol(s): FDEU
First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for October
First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be October 1, 2019. The monthly distribution information for the Fund appears below.... more
BusinessWireStock symbol(s): FIF
Independent Bank Corp. Announces Quarterly Dividend
The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.44 per share dividend. The dividend will be payable on October 11, 2019, to stockholders of record as of the close of business on September 30, 2019.... more
BusinessWireStock symbol(s): INDB