MVB Financial Corp. (Nasdaq: MVBF) (MVB) has declared a quarterly cash dividend of $0.04 per share payable on June 15, 2019, to shareholders of record at the close of business on June 1, 2019.... more
The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.10 per share, payable on July 19, 2019, to stockholders of record of its Common Stock at the close of business on June 21, 2019.... more
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As a dividend growth investor, I'm always looking for a great blend of dividend safety and growth, as well as yield.
When we consider that the primary issue for most investors is that they make things more complicated than they need to be, the strategy of investing in Dividend Champions is simple yet effective. For every General Electric, there are companies like Pepsico and Altria to make up for those types of investments that end up not working out, even though the writing was arguably on the wall and had one followed the dividend safety scores assigned by Simply Safe Dividends, they would have avoided both of the dividend cuts from GE.
One such company that has recently grabbed my attention is Leggett & Platt (LEG).
Between its high dividend... more
Dividend aristocrats hitting 52-week lows is a fairly rare occurrence. Typically, these are the types of opportunities that I try to capitalize on as a dividend growth investor who pays a lot of attention to value. However, in the case of 3M Company’s (MMM) recent sell-off, I’m not yet willing to bite. MMM has proven itself to be an absolutely wonderful investment over the years, yet the company has really struggled in recent quarters and I think it is still fighting against several significant headwinds. For a while now, I’ve thought that 3M’s fair value sat somewhere in the $180 area. The company recently crossed below that threshold. Yet, I’m looking for a bit wider margin of safety before adding to my current position.
I first bought shares of MMM back in July of 2015... more
Leggett & Platt, Inc. History and Background
If you ever catch yourself sleeping on a bed or walking out in the morning to hop in your car on your daily commute, there is a chance the same company was involved in both of them. That company is Leggett & Platt, Inc. (LEG). They have been around since 1883, formed by two gentlemen, and ended up being a massive company.
For more background on LEG, here is information from their investor relations page, "Leggett & Platt is the leading U.S.-based manufacturer of: a) components for bedding; b) automotive seat support and lumbar systems; c) specialty bedding foams and private-label compressed mattresses; d) components for home furniture and work furniture; e) flooring underlayment; f) adjustable beds; g) high-carbon drawn... more
iShares High Yield Corporate Bond ETF (HYG) focuses on corporate bonds that have ratings below investment grades. The ETF tracks the Markit iBoxx USD Liquid High Yield Index. HYG provides exposure to a broad range of U.S. high yield corporate bonds. In addition, it provides a vehicle for investors seeking higher income. However, high yield corporate bonds such as HYG may perform poorly in an economic recession as default rates will almost certainly spike. Since we are in the latter stage of the current economic cycle, we think investors may want to wait till the beginning of the cycle to invest.
Data by YCharts
High credit risk
High yield corporate bonds are below investment grades bonds. These bonds tend to be riskier than investment... more
How would you like to own a share of a company that has the above listed characteristics? Park Electrochemical Corp. (PKE) is such a company.
Long history of special dividend payout and strong balance sheet
Park Electrochemical is a high-tech materials company that recently focuses solely on the aerospace industry vertical after selling its electronics vertical business Nelco. PKE designs, manufactures and sells advanced composite materials used in aerospace applications to fabricate light-weight, high-strength structures such as engine nacelles and engine thrust reversers. PKE also sells lightning strike protection materials and film adhesive materials for aerospace applications. The company also fabricates primary and secondary structures and assemblies, and low-volume tooling.... more
Cineplex Inc. (OTCPK: CPXGF) is the largest theater chain in Canada with a 75% market share currently. The Cineplex name has a storied history of its own, but the modern version of the story starts in 2003 when the Cineplex Galaxy Income Fund began trading on the TSX. At the time, income trusts were a popular security in Canada that came with low tax rates in exchange for a minimum distribution at least 90% of the company’s net cash flows to investors.
In October 2006, the Canadian government changed the way these publicly traded income trusts were taxed, and this resulted in an immediate decline in market value as well as drying up of these kinds of securities. This event was later dubbed the “Halloween Massacre.”
By 2011, the business reorganized from an income trust to an... more
Headlam (Bloomberg ticker HEAD LN) is a U.K. floor coverings distributor listed on the London Stock Exchange, with a market capitalisation of £391m (approx. $500m). It paid a dividend of 25.0p per share in 2018, which represents a 5.4% dividend yield. The dividend is safe, as it represents a payout ratio of only 60% (on EPS of 42.2p), and the cost of its payment (£21.1m) is 1.8x backed by the £36.7m net cash on the balance sheet. Management has a history of raising dividends and has indicated that 2019 dividend will be "in line" with 2018. Details of Headlam's dividends and cash flows are shown below:
Headlam Dividends vs. EPS
Source: Headlam company reports.
Headlam Uses of Cash vs. Net Income (2007-18)
Source: Headlam company... more
By Sam Kovacs
As of today, Oxford Industries (NYSE: OXM) has a dividend yield of 2% and is trading at $74.00 per share. According to my M.A.D. assessment, OXM has a Dividend Strength Score of 76 and a Stock Strength score of 91.
This article will present and discuss the factors which show why I believe that dividend investors should invest in Oxford Industries.
Oxford Industries is an apparel company, which designs, sources, markets and distributes products bearing the trademarks of its company-owned lifestyle brands (mainly Tommy Bahama) as well as certain licensed and private label apparel products.
M.A.D. assessments are presented in two sections: dividend strength and stock strength.
You might ask what... more