First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.121 per share payable on April 15, 2019, to shareholders of record as of April 2, 2019. The ex-dividend date is expected to be April 1, 2019. The monthly distribution information for the Fund appears below.... more
Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced the quarterly distribution on the common shares of one of its closed-end funds: Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Fund”).... more
First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on April 15, 2019, to shareholders of record as of April 2, 2019. The ex-dividend date is expected to be April 1, 2019. The monthly distribution information for the Fund appears below.... more
Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized an 11.6 % increase in the company’s quarterly cash dividend to $0.48 per share. The quarterly dividend is payable on May 31, 2019, to stockholders of record as of the close of business on April 26, 2019. Additionally, the Board of Directors increased the amount available for repurchases under its existing stock repurchase program by $500 million.... more
STORE Capital Corp. (STOR) makes a decent value proposition for DGI investors seeking to capture a growing stream of dividend income. The commercial property REIT has very convincing portfolio and dividend coverage stats, but the valuation is a bit stretched today, in my opinion. I think STORE Capital Corp. is about fairly valued, if not slightly overvalued today, and income investors may want to wait for a drop before scooping up some shares. An investment in STOR at today's price point yields 4.1 percent.
STORE Capital Corp.'s shares have staged a strong recovery this year. Year-to-date, STORE Capital Corp.'s share price has risen ~14 percent on the back of improving investor sentiment after the brutal sell-off at the end of last year. According to the Relative Strength Index, or... more
Although many Health Technology Sector companies have significantly outperformed the market on a long-term basis, they have significantly underperformed the market since the beginning of 2015. With only a few minor exceptions, this is true for most companies, especially the pharmaceutical companies, operating in this sector.
On the other hand, there are several examples where operating performance has been exemplary even though stock price performance has been dismal. In my long history analyzing stocks, I have concluded that the combination of strong operating performance coupled with low valuations usually represents great opportunity. The old adage “buy when there’s blood in the street” or Warren Buffett’s recent recommendation “be greedy when others are... more
Williams Companies, Inc (WMB) is benefitting from strong natural gas demand in the Northeast, as arctic blasts that pummeled the region during the 2019 winter caused higher utilization rates than usual by its customers.
This means that more people were staying indoors, burning high amounts of natural gas in order to stay warm, and companies like Williams, which sends gas to the Appalachia area via its pipelines, gained substantially from the event.
Furthermore, Williams continues to improve its financial position and is growing its dividend 10-15% in 2019, mainly due to the recent projects that have come online, or that will shortly, which we will discuss below. Therefore, dividend sustainability, at the very least, seems likely for the company.
This theme of new projects to... more
About six months ago, I penned a note on a hard money lender, Manhattan Bridge Capital. As the firm isn't widely followed, I figured I would post an update with their newly released December 31, 2018 financials and my thoughts on the company now.
As a reminder,
Manhattan Bridge Capital (LOAN) is a New York-based real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. LOAN offers short-term, secured, non-banking loans (sometimes referred to as “hard money” loans), which they may (at their option) renew or extend on, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located around the New... more
The Board of Directors of Marsh & McLennan Companies, Inc. (NYSE: MMC) today declared a quarterly dividend of $0.415 per share on outstanding common stock, payable on May 15, 2019, to stockholders of record on April 10, 2019.... more
Interest rates remain near historically low levels. This is great for the economy and the financial markets. But it remains terrible for those who want or need investment income. As usual in situations like this, there’s temptation to reach for as much yield as can be obtained in today’s environment. And the challenge, as always, is to steer clear of “sucker yields,” yields that look high because of price declines that anticipate dividend cuts. With all income seekers looking for the same thing, we need creative ways to assess dividend risk. Here are sone ideas generated by Chaikin Analytics content.
© Can Stock Photo / venimo
OK. We understand that we can’t simply sort equity-income candidates by yield and pick from the top. What we can do is look... more