Latest Dividend News

5 Safe And Cheap Dividend Stocks To Invest In (June 2020)

This article is part of our monthly series, where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms.It's always a good idea to keep your wish list ready by separating the wheat from the chaff.We go over the filtering process to select just five stocks from more than 7,500 companies that are traded on US exchanges, including OTC networks. We provide two groups of five stocks, each with... Read more

NOBL: Outstanding Dividend Growth, Market-Beating Shareholder Returns, Compelling Price And Valuation

The Dividend Aristocrats offer investors outstanding dividend growth, dividend yields, and market-beating shareholder returns.NOBL provides investors an easy and cheap way to invest in the Dividend Aristocrats.Recent underperformance and price weakness present something of a buying opportunity for investors.As economic and market conditions improve, there are fewer and fewer compelling investment opportunities available for investors. The Dividend Aristocrats are some of the few... Read more

Domtar: The 7%+ Dividend Yield Should Return

Recently the paper company, Domtar, completely suspended their dividend due to the economic fallout from the coronavirus.Management have indicated their desire to reinstate their shareholder returns once operating conditions allow, which could mean a future dividend yield of 7%+ on current cost.Based on their historical free cash flow, it appears that they can easily afford to cover their previous dividend payments during normal operating conditions.Whilst they are moderately... Read more

BlackRock Science And Technology Trust: High Yield Tech Monthly Payer, 12% Dividend Growth

BST yields 5.5%, pays monthly, and issues a 1099 at tax time.It has a four-year dividend growth rate of 11.82%.It's selling at a -.50% discount to NAV vs. usually selling at a premium over the past two years.Looking for attractive yields in the Tech sector? As we've often noted in our articles, high or even moderate dividend yields are hard to come by in the Tech sector. That's a shame, because it has been one of the best-performing sectors in recent years. 2020 has... Read more

Gorman-Rupp: A Fast-Growing Future Dividend King That Keeps 'Pumping' Out The Dividends

Gorman-Rupp was founded in 1933, during the Great Depression.The company is a classic American "boot-strap" success story, founded on a shoe-string budget by two intrepid entrepreneurs during the worst economic catastrophe in US history.We define wide moat as sustaining average profitability within the top 25% of peers, and GRC is very close to reaching that standard.Gorman-Rupp is a classic mission-critical provider of "picks and shovels" in this coming... Read more

A Healthy Yield From A Healthy Enough Company: Aviva

Aviva is a U.K. insurance behemoth in unexciting lines of business, which allows it to be a consistent earner.It has lacked focus, and its unloved shares have gone down to a point where the yield is almost 12%.The recent dividend suspension should be a one-off, and once the dividend is restored, it will be a consistent payer again.Aviva (OTCPK: AIVAF) is an unexciting but steady insurance conglomerate with a strong yield. The share price has languished for years, and the recent... Read more

Canadian All-Star Stocks: Dividend Increases - Week Of June 8

Canadian Dividend All-Stars are companies that have raised dividends for at least five consecutive years.Laurentian Bank became the latest All-Star to cut the dividend.Only one All-Star, Andrew Peller, is expected to raise dividends this week.We are in the tail end of the most recent earnings season, and dividend growth has been virtually non-existent - at least here in Canada. Since the last update, Canada's banks reported earnings. Typically, it would have resulted in dividend... Read more

AllianzGI Dividend, Interest & Premium Strategy Fund, AllianzGI Equity & Convertible Income Fund Declare Quarterly Distributions

The Boards of Trustees of AllianzGI Dividend, Interest, & Premium Strategy Fund (NYSE: NFJ) and AllianzGI Equity & Convertible Income Fund (NYSE: NIE) (collectively, the “Funds”) announced today they have declared the following quarterly distributions.... Read more

3M: Historically High Dividend Rightly Points To Undervaluation

3M's operational problems have probably been worsened by COVID-19. It may take quarters, if not years before investors will see real organic growth here. Nevertheless, 3M is now strongly undervalued. This is true even if we leave aside the massive share buybacks of recent years. Besides, the relatively safe yield of 4 percent (payout ratio around 65 percent) may generate a welcome cash flow in economically uncertain times. Introduction After the COVID-19 crash,... Read more

Garmin® shareholders approve quarterly dividend through March 2021 and Garmin announces record date and payment date for June 2020 dividend installment

At Garmin Ltd.’s (Nasdaq: GRMN) annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.44 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to the USD), payable in four equal installments. The Board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of the... Read more

HPI: 7.7% Yielding CEF, But Trading At Premium To NAV

A zero-interest-rate environment has triggered the demand for preferred equities over the last two months.The fund recently reported a monthly distribution of $0.1235, which currently makes up a 7.68% yield.The fund has outperformed the iShares Preferred and Income Securities ETF over the last decade.This time, we will present our readers with the John Hancock Preferred Income Fund (HPI), which was incorporated in August 2002. It is a closed-ended fund that is primarily focused on... Read more

REITs Will Bend, They Will Not Break: Incredible Opportunity At 7% Yield And 9% Discount For RNP

REITs have sold off and have been slow to recover - this is a once in a decade buying opportunity.Real estate is incredibly durable, and those who own it will look good as this crisis subsides.We compare two funds from one of our favorite managers in the space.An incredible opportunity has emerged in RNP, an eREIT CEF that holds close to 50% of its portfolio in preferred stocks and bonds, yet trades at 9% discount and yields 7.7%. Co-produced with Beyond Saving One of the... Read more

Capital Southwest Corp.: 13% Yield, 2nd And 3rd Quarter Dividends Maintained, No K-1

CSWC yields 13.6% with strong 1.4X coverage.Mgt. maintained the distributions for June and Sept.CSWC has 90% 1st lien investments in its portfolio.Capital Southwest Corporation (NASDAQ: CSWC) is an internally managed business development company, BDC, specializing in credit and private equity and venture capital investments in lower and middle market companies. It doesn't invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and... Read more

Special Opportunities Fund, Inc. Dividend Declaration

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a quarterly cash dividend on the Fund’s 3.50% Convertible Preferred Stock, Series B.... Read more

Dividend King NW Natural Is Once Again Overpriced

NWN was briefly in value territory earlier this year.But the stock has rebounded sharply, and despite the company's exemplary dividend history, it's way too expensive.NWN is an avoid. Image source Very few stocks in the entire world can match the dividend increase streak of a small utility in Oregon. NW Natural (NWN) is a gas utility that serves about 2.5 million customers in Oregon and Washington combined, along with a very small water utility business, producing... Read more

Penske Automotive Offers Value With Or Without The Dividend

PAG shares are still well off their highs despite a huge rebound rally.Investors appear to be pricing in more weakness than I see as reasonable.With the stock at just 8.8 times normalized earnings, I see valuation upside with or without resumption of the dividend. Image source The COVID-19 outbreak has disrupted many industries, not the least of which has been automobile production and sales in the US. Penske Automotive Group (PAG) is a big player in the car retail space in... Read more

Taubman Centers Declares Quarterly Preferred Dividends

The Board of Directors (the “Board”) of Taubman Centers, Inc. (the “Company”) (NYSE: TCO) today declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K). The preferred dividends are payable June 30, 2020 to shareholders of record on June 15, 2020.... Read more

The Marketing Alliance Declares Quarterly Dividend of $0.05; Announces Planned Change in Distribution Payment Frequency

The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced that its Board of Directors has declared a $0.05 per share cash dividend for shareholders of record on June 19, 2020, to be paid on or about June 30, 2020.... Read more

Synovus Announces Quarterly Dividends

The Board of Directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends:... Read more