Western Asset Mortgage Capital Corporation (WMC) is a REIT that invests primarily in Agency RMBS, which are residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency (such as GNMA) or a U.S. Government-sponsored entity (such as FNMA or FHLMC). The Company closed of its initial public offering …
While dividend yields continue to be depressed due to rising prices in known income stocks, there are some stocks flying under the radar with good dividend prospects. These stocks are frequently overlooked by income investors who are looking at the widely held blue-chip stock selections. These companies continue to focus on growing their business in …
Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced that its Board of Directors has declared a special dividend of $1.25 per share of common stock outstanding payable on October 26, 2012, to holders of record on October 12, 2012. The special dividend is an 11% dividend yield based on current stock prices. For the past two quarters BSET has paid …
Bassett Furniture Continues Turnaround with 11% Special Dividend Read More »
Fisher Communications Inc. (NASDAQ: FSCI) initiated a regular quarterly dividend and declared a special $10 cash dividend as the local-media company looks to boost its value to shareholders. The company said it plans to launch a quarterly dividend of 15 cents, beginning in the fourth quarter. The payout will cost roughly $5.33 million a year. Fisher intends to fund the …
Fisher Communications offers a 27% Special Dividend Read More »
SouFun Holdings Limited (NYSE: SFUN), the leading real estate and home furnishing Internet portal in China, today announced that its board declared a cash dividend of US $1.00 per share on the Company’s ordinary shares, which will be paid by September 28, 2012 to shareholders of record as of the close of business on September 6, 2012. Based on the current …
AOL Inc. (NYSE: AOL) authorized a special, one-time, cash dividend of $5.15 per share, payable on December 14, 2012 to shareholders of record at the close of business on December 5, 2012. AOL does not currently pay a regular dividend. Based on the current AOL stock price, the $5.15 special dividend will result in a dividend yield of 15%. …
Rentech Nitrogen Partners, L.P. (NYSE: RFN) engages in the production of natural gas-based nitrogen fertilizer and industrial products for agricultural uses. The company primarily offers ammonia, urea ammonium nitrate, urea granule and urea solution, nitric acid, and liquid carbon dioxide. Rentech went public as a master limited partnership (MLP) on November 4, 2011 at $20.00 …
Rentech offers a Big Dividend Yield from the Corn Drought Area Read More »
Altria Group, Inc. (MO) announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 7.3% to $0.44per common share versus the previous rate of $0.41 per common share. The quarterly dividend is payable on October 10, 2012 to shareholders of record as of September 14, 2012. The ex-dividend date is September 12, 2012. The new annualized dividend rate …
H&E Equipment Services, Inc. (NASDAQ: HEES) announced that its Board of Directors declared a one-time special cash dividend (the “Dividend”) of $7.00 per share, payable on September 19, 2012 to stockholders of record at the close of business on September 5, 2012. The aggregate amount of the payment to be made in connection with the Dividend will be approximately $246 million. The …
The following companies have announced recent dividend increases. These companies are all rated Bullish or better by their consensus equity summary score. HCC Insurance Holdings, Inc. (NYSE: HCC) announced its 66th consecutive quarterly cash dividend and the 16th consecutive year of dividend increases. HCC’ has declared a regular cash dividend of $0.165 per share, a 6.45% increase on …
Companies with Bullish Outlooks Increasing Dividends Read More »
