Rocky Brands, Inc. (Nasdaq: RCKY) today announced that its board of directors has approved a $0.01 increase of its quarterly dividend to $0.12 per share of outstanding common stock, which will be paid on June 15, 2018 to all shareholders of record as of the close of business on May 31, 2018.... more
JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca:AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”).... more
A Stock Ignored By Investors Dick's Sporting Goods (DKS) has had a rough go of it lately as increased competition, as well as lower traffic from consumers, have weighed. The company's recent decision to pull assault weapons from its shelves may cause a bit of shorter term pain, but the net impact over the long term should be a positive one in the eyes of consumers. Still, 2017 wasn't exactly a banner year for DKS as comps fell slightly for the entire year after a -2% showing in the critical fourth quarter. However, DKS recently raised its dividend rather substantially and it is now paying shareholders 2.7% to hold the stock. Given how cheap the shares have become and its higher yield, DKS actually looks somewhat enticing here for the first time in a while.... more
Apollo Commercial Real Estate Finance (ARI) continues to be an interesting high-yield dividend stock for investors that seek recurring dividend income from a commercial real estate finance company. Apollo Commercial Real Estate has a rate-sensitive balance sheet that could lead to net interest income gains in the next several quarters. Shares are reasonably valued on a run-rate core earnings basis, and income investors can lock in a 10.0 percent dividend yield at today's price point.
Apollo Commercial Real Estate Finance - Portfolio Overview Apollo Commercial Real Estate Finance primarily invests in first mortgage loans, subordinate loans, and commercial mortgage-backed securities. The REIT has aggressively grown its first mortgage loan business in the last three to four... more
This latest earnings season has moved forward in a most impressive fashion - and this has helped investors rationalize some of the concerns attached to the Dow Jones flash crash activity that began in early February 2018. But there are still real questions with respect to whether or not these flash crashes were the beginning of something larger. Might we still be in-store for a much bigger collapse in the stock benchmarks? Rising geopolitical tensions and U.S. Treasury yields moving above 3% suggest that there could be some headway before we are able to see another run higher in the Dow Jones Industrials ETF (NYSEARCA: DIA). We are bearish on DIA but will continue to monitor key developments in the energy sector as a means for identifying new strategies in our exposure to... more
The U.S. Treasury's reopening today of a 10-year TIPS generated a real yield of 0.934%, the highest for any 9- to 10-year auction since January 2011. There have been 44 auctions of this term over those 7-plus years.
This is CUSIP 9128283R9, which originally auctioned on January 18, 2018, with a real (after-inflation) yield to maturity of 0.548%, setting its coupon rate at 0.500%. Because today's auction resulted in a substantially higher yield, investors got this TIPS at a discount - about $97.13 for about $101.16 of value, after accrued inflation is added in.
Both nominal and real yields have been climbing sharply in recent months, as investors price in near-certain future interest rates moves by the Federal Reserve, combined with a surging federal deficit. Here is the... more
The Board of Directors of Invacare Corporation (NYSE: IVC) announced that it declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable July 20, 2018 to shareholders of record on July 6, 2018.... more
Third Century Bancorp (OTCPINK:TDCB), an Indiana corporation and parent company of Mutual Savings Bank announced today that on May 16, 2018 the Board of Directors declared a dividend of $0.06 per share for shareholders of record on June 15, 2018. The dividend payable date is July 2, 2018.... more
Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.40 per share to shareholders of record June 15, 2018, payable June 29, 2018.... more
Given oil prices are still north of $70/barrel, Chevron (CVX) has been able to improve performance relative to a few years ago. However, I won't be buying the stock and consider it one of the least desirable dividend stocks today for the following reasons:
Chevron is too focused on growing the dividend payment and has sacrificed prudent financial decisions to make that possible. While a 3.49% annual dividend yield is nice, Chevron hasn't actually been able to support this payment with free cash flow since 2012. What I mention above underscores my belief that oil stocks aren't well suited to provide large dividends anyway. Large capital budgets and performance that's tied to commodity pricing aren't always optimal. There are much better stocks that provide similar... more