Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly dividends under the Fund’s managed distribution plan.... more
EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per common share. The dividend will be paid on January 29, 2021 to stockholders of record as of January 19, 2021.... more
First Republic Bank (NYSE: FRC), a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding series of its perpetual preferred stock.... more
GLP Stock’s 5-Year Average Dividend Yield Is 12.4%
Global Partners LP (NYSE: GLP) is an excellent example of a safe high-yield dividend stock that provides investors with shelter during times of economic upheaval. Admittedly, “safe” is a tough word to use when it comes to high-yield dividends, but Global Partners has proven itself when times have been good, bad, and brutal.
While there remains a lot of uncertainty around the COVID-19 pandemic and its impact the U.S. and global economies, Global Partners continues to perform well. That bodes well for the midstream oil and gas company—and for income-starved investors.
Global Partners is one of the largest independent owners, suppliers, and operators of gas stations and convenience stores in the northeast U.S. It also... more
First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the “Preferred Stock”):... more
Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global manufacturer of highly-engineered industrial materials, today announced that its Board of Directors has declared an interim dividend of 12.5 cents per ordinary share.... more
PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today its initial distribution of $0.108 per common share payable Jan. 29, 2021. Based on the Fund’s initial offering price of $20.00 per share, this equates to an annualized distribution yield of 6.48%. The Fund also declared today monthly distributions of $0.108 per common share for February 2021. The distribution schedule appears below:... more
Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of 1.35 cents per share on December 31, 2020, payable on January 25, 2021 to shareholders of record on January 11, 2021. This represents the 392nd consecutive monthly dividend since the Trust’s inception in May 1988.... more