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 …
CVR Energy Inc. (CVI) has declared a special $5.50 per-share dividend and also unveiled plans to initiate a per-share quarterly dividend of 75 cents. The special dividend is payable Feb. 19 to shareholders of record on Feb. 5. CVR Energy will begin paying the quarterly dividend of 75 cents a share in the second quarter. The special dividend will have a 9.57% dividend …
Pacific Coast Oil Trust (ROYT) owns net profits interests in the sale of oil and natural gas production. The Company pays monthly dividends with an annual dividend yield of 9.8%. Pacific Coast Oil Trust just increased its dividend by 8.4% to $0.151 per month, payable on February 14, 2013, to unitholders of record on February 4, 2013. …
This Company Just Raised its Monthly Dividend by 8.4% Read More »
Coca-Cola Enterprises, Inc. (NYSE: CCE) produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, juices, sports drinks, juice drinks, coffee-based beverages, and teas. Coca-Cola Enterprises is a great total income play with a 13.0% payoff and a projected increase in EPS of 10% in 2013 and 2014. Coca-Cola Enterprises made the Goldman …
Best Income Stocks for 2013 – Coca-Cola Enterprises Inc. (CCE) Read More »
Government Properties Income Trust (NYSE: GOV) is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, …
Homeowners Choice, Inc. (HCII) announced that its board of directors has declared a regular quarterly cash dividend on its common shares in the amount of $0.225 per share, which represents a 12.5% increase over the previous quarterly rate of $0.20 per share. Homeowners Choice has a current dividend yield of 3.74%. In addition, the board declared a …
Homeowners Choice is a Strong Buy with Special Dividend Read More »
Annaly Capital Management, Inc. (NLY) announced that its Board of Directors has authorized the repurchase of up to $1.5 billion of its outstanding common shares over a 12 month period. Annaly currently has 975 million shares outstanding with a market cap of $15.59 billion. The buyback is 9.62% of the current market cap. Based on FY 2013 …
Mortgage REITs have garnered increased attention among investors in recent weeks after the Federal Reserve announced stimulus measures focused on the purchases of mortgage backed securities. The Market Vectors Mortgage REIT Income ETF (MORT), which seeks to replicate the price and yield performance of the Market Vectors Global Mortgage REITs Index, has gained over 20 …
Mortgage REITs are Still an Attractive High Yield Dividend Play Read More »
The overall tone at the start of the earnings season is looking downbeat. The S&P 500 index is on pace for its fourth day of declines over concern the global economic slowdown was hurting profits and causing companies to lower their outlooks. The index is testing the technical support level of 1,440. If the overall …
Be Prepared for Earnings Season with these Stocks 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 »
