Month: February 2013

Health Care REIT Posts Stronger Rental Income

Health Care REIT Inc.’s (HCN) fourth-quarter earnings more than doubled as the company saw stronger rental income and resident fees and posted a significantly higher gain on sales of properties.  HCN will benefit from an aging Baby Boomer generation’s growing demand for assisted and independent living facilities in the coming years. With a significant presence …

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PSA Profits up 24% – Increases Dividend 14%

Public Storage’s (PSA) fourth-quarter profit rose 24% as the real-estate investment trust posted wider margins, although revenue missed analysts’ expectations.  Public Storage reported income of $271.4 million, or $1.22 a share, up from $ 220.2 million, or 96 cents a share, a year earlier. Per-share earnings reflect effects from preferred and restricted shares. Excluding foreign …

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HFC pays 8th Special Dividend and Boosts Regular Dividend by 50%

Investors looking for a regular helping of special dividends should consider HollyFrontier Corporation (NYSE: HFC). The company just announced its 8th special dividend since August 2011.  In addition, HFC just juiced its regular dividend by 50%. Subscribers to my Get Rich Monthly Income Plan received $31.00 per share in dividends in 2012 with a yield …

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CSWC Announces $2.75 Special Dividend – Stock Trades at 49% Discount to NAV

The Capital Southwest Corporation (CSWC) board of directors has declared a cash dividend in the amount of $2.75 per share of common stock. This special dividend is a yield of 2.5% based on the current stock price. The dividend is payable on March 28, 2013 to shareholders of record on March 15, 2013. Capital Southwest …

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New BDC ETF is a Pure Play on High Yield Income

Market Vectors ETF Trust just launched the Market Vectors BDC Income ETF (NYSE: BIZD), the first exchange-traded fund (ETF) designed to provide pure-play exposure to business development companies (BDCs). BIZD is currently trading at $20.29 and will pay quarterly dividends and annual capital gains.  The initial dividend amount has not been announced yet but the …

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Icahn Enterprises Increases Annual Dividend by 185% – 5.86% Dividend Yield

Icahn Enterprises L.P. (NYSE: IEP) announced that the Board of Directors of its general partner has approved a modification to the Company’s distribution policy to provide for an increase in the annual distribution from $1.40, comprised of $0.40 in cash and $1.00 in depositary units, to $4.00 per depositary unit, payable in either cash or …

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Best Income Stocks for 2013 – Wyndham Worldwide (WYN)

One of the world’s largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality products and services through its global portfolio of world-renowned brands. The world’s largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world’s best-known hotel brands, with over 7,340 franchised …

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Diamond Offshore Declares Special Dividend

Diamond Offshore Drilling Inc (DO), the world’s fourth-biggest offshore driller by market value, reported a stronger-than-expected quarterly profit as contract drilling expenses fell.  The company rewarded investors with a special dividend payment. On February 5, 2013 the board of directors at Diamond Offshore Drilling Inc (DO) approved a dividend of $0.75 per share and a …

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