The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $1.75 per share on the common stock of the Corporation. The dividend is payable April 3, 2017 to NewMarket shareholders of record at the close of business on March 15, 2017. This raises our dividend by 15 cents per share, which represents a 9% increase from the previous payment.... more
Gulf Island Fabrication, Inc. (Nasdaq: GIFI), announced today that its board of directors declared a dividend of $0.01 per share on Gulf Island Fabrication, Inc.’s approximately 14.7 million shares of common stock outstanding.... more
Global real estate investment company Kennedy Wilson (NYSE: KW) today announced a 21% increase in the common dividend per share to $0.17 per quarter or $0.68 on an annualized basis. The Company will pay a quarterly dividend to shareholders of record as of March 31, 2017 with a payment date of April 6, 2017. This is the sixth consecutive annual dividend increase, over which time the quarterly dividend has increased by 325%.... more
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (“HVAC”) services, today announced that its board of directors declared a quarterly dividend of $0.07 per share on Comfort Systems USA, Inc. common stock. The dividend is payable on March 21, 2017 to stockholders of record at the close of business on March 10, 2017.... more
The Board of Directors of Arconic (NYSE: ARNC) today declared (a) a quarterly common stock dividend of 6 cents per share payable on May 25, 2017, to shareholders of record at the close of business on May 5, 2017; (b) a dividend of 93.75 cents per share on Arconic’s $3.75 cumulative preferred stock (“Class A Stock”) payable on April 1, 2017, to holders of the Class A Stock at the close of business on March 10, 2017; and (c) a dividend of $6.71875 per share on Arconic’s 5.375% Class B Mandatory Convertible Preferred Stock (“Class B Stock”), payable on April 1, 2017, to holders of record of the Class B Stock at the close of business on March 15, 2017. The dividend on the Class B Stock is equivalent to a dividend of $0.671875 per Depositary Share (each... more
Gap Inc. (NYSE: GPS) today announced that its board of directors authorized a first quarter fiscal year 2017 dividend of $0.23 per share, payable on or after April 26, 2017 to shareholders of record at the close of business on April 5, 2017.... more
Mannatech, Incorporated (Nasdaq: MTEX), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.125 per share of common stock, payable on Wednesday, March 29, 2017, to shareholders of record at the close of business on Wednesday, March 8, 2017. The dividend reflects a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.... more
New Residential Investment Corp. (NYSE: NRZ) is a buy. The mortgage investment company reported another super strong quarter in terms of core earnings, extending its excellent record of covering its dividend. What's more, the odds are tilted in favor of more dividend hikes in 2017, which New Residential Investment can easily afford. Last but not least, New Residential Investment's shares are everything but expensive, and are throwing off a robust ~11 percent dividend yield.
A year ago I branded New Residential Investment Corp. the best high-yield income vehicle on the Street. The mortgage investment company indeed has a lot going for itself, including a low valuation on a run-rate core earnings basis, an experienced and shareholder-friendly executive team that puts a lot of... more
The Board of Directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.5425 per share, payable on April 30, 2017, to shareholders of record on March 31, 2017.... more
Procter & Gamble (NYSE: PG) has paid a dividend for 126 consecutive years and has grown its dividend for 60 years in a row. Therefore, it is only natural that its shareholders are looking forward to the next dividend hike, which is expected to be announced in early April. The big question is the size of the raise that the shareholders should be expecting.
While this Dividend Aristocrat has historically offered exceptional returns to its shareholders, it has been facing increasing challenges during the last decade. To be sure, the company is experiencing declining sales for a 5th year in a row while it has essentially failed to grow its earnings per share during the last 9 years.
The main reason for the relatively poor performance in the last few years is the continuously... more