Dynex Capital, Inc. (NYSE: DX) announced today the Company’s Board of Directors has declared a cash dividend of $0.15 per common share for November 2019. The dividend is payable on December 2, 2019 to shareholders of record on November 22, 2019.... more
H&E Equipment Services, Inc. (Nasdaq: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on December 13, 2019 for stockholders of record as of the close of business on November 25, 2019.... more
As of Friday’s close, investors could buy Twitter (TWTR) at $29.21 and write a covered January 15, 2021 call option, strike price of $28, for $6.30 per share in proceeds. The proposition is investors can lock-in a 17% gain over 14 months, taking advantage of both option market expectations of a rebound in Twitter after a sharp downdraft, and the recent near elimination of online brokerage commissions/fees on options.
It’s not just stock traders seeing zero for commissions starting in October. Without doubt liquidity in the options market will rise dramatically in coming years, a side effect of large brokers moving to minimal exchange related fees under $1 per contract (100 underlying shares for standardized contract designs) for trading/holding/exercising options on equities. I... more
American Software, Inc. (Nasdaq: AMSWA) today announced that its Board of Directors declared a quarterly dividend of $.11 per share. The dividend is payable to the Class A and Class B Shareholders of the Company of record at the close of business on February 7, 2020, to be paid on or about February 21, 2020.... more
In this article I analyze the 28 Dividend Kings, an exclusive group of stocks that have increased their dividend for 50+ consecutive years. There is now one less Dividend King since San Jose Water (SJW) completed its merger with Connecticut Water Service (CTWS) on October 9th. The combined company is now the third largest water utility in the U.S. The top five stocks in the ranking model have remained the same. I continue to feel that 3M Company (MMM) is the top choice based on the current yield. Even though a recently rising stock price has brought the yield down to ~3.5% this is still higher than the trailing 5-year and 10-year averages. When a company of 3M’s quality has a yield between 3.5% and 4.0% it is probably a good time to buy. I already added to my position when... more
James Brumley says in Kiplinger Investing:
"Rich people often get perpetually richer for a reason, so it could be worthwhile to study what billionaires and high-asset hedge funds are plowing their long-term capital into."
Any collection of stocks is more clearly understood when subjected to yield-based (dog catcher) analysis. This big billionaire buy list is perfect for the dogcatcher process. Here is the November 8 data for 32 dividend-paying stocks and funds in the Kiplinger collection of 49 big billionaire buys.
Actionable Conclusions (1-10): Analysts Estimated 19.02% To 61.74% Net Gains For 10 Big Billionaire Buy Stocks Come November 2020
Four of 10 big billionaire buy top dividend stocks by yield were also among the top ten gainers for the coming year... more
Even though they operate in a highly cyclical, economically sensitive industry, Schlumberger (SLB) has managed to produce an excellent dividend history, with it being either maintained or increased every year since at least 1990. Although this trend appears likely to continue for the time being, there are warning signs that have begun to flash that call into question whether this will continue indefinitely into the future.
When assessing dividend coverage, I prefer to forgo using earnings per share and use free cash flow instead, since dividends are paid from cash and not from “earnings”. The graph included below summarizes their cash flows from the last three years:
Image Source: Author.
The first red flag is their dividend... more
The Board of Directors of TriCo Bancshares (Nasdaq: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.22 (twenty-two cents) per share on its common stock, no par value on November 5, 2019. The dividend is payable on December 30, 2019 to holders of record on December 13, 2019.... more
Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 22 cents per share payable December 16, 2019, to shareholders of record at the close of business on November 29, 2019.... more
Kraft Heinz Company (KHC) was formed when Heinz and Kraft merged in July 2015. The TTM net sales of KHC are about $25.3B. KHC has about 1.22B shares outstanding, trading recently at around $33 per share. Net debt stands at around $28.4B at the end of Q32019, giving KHC an EV of $68.7B. Annual dividend is currently at $1.60 per share, yielding 4.9%. The dividend was reduced from $2.50 per share in 2018. TTM Adj EBITDA is $6.17B. Hence, the market is valuing KHC at about 11 times TTM Adj EBITDA, which is below 13 times afforded to the Consumer Staples Sector of the S&P 500.
KHC faces many challenges in growing sales. Investing to grow sales will likely depress operating margin. To repair its balance sheet, KHC has some options but cutting its dividend again is the most prudent thing... more