Dividend yield

Gabelli Global Utility & Income Trust Resets Dividend Rate to 4.00% for Its Series B Cumulative Puttable and Callable Preferred Shares

Monday, November 18, 2019 - 6:20pm

The Series B Preferred Shares, which trade on the NYSE American under the symbol GLU Pr B were issued on December 19, 2018 at $50.00 per share.

Key Points: 
  • The Series B Preferred Shares, which trade on the NYSE American under the symbol GLU Pr B were issued on December 19, 2018 at $50.00 per share.
  • The Series B Preferred will pay distributions quarterly at an annualized dividend rate of 4.00% of the $50.00 per share liquidation preference for the next eight quarterly dividend periods (Year 2 and Year 3), beginning with the dividend payment on March 26, 2020.
  • At least 30 days prior to the end of Year 3, the Funds Board of Trustees will determine and publicly announce a reset fixed dividend rate that will apply for all future quarterly dividend periods.
  • Long-term capital gains, qualified dividend income, and ordinary income, if any, will be allocated on a pro-rata basis to all distributions to preferred shareholders for the year.

Global Dividends Grew in Q3, but a Marked Slowdown Is Underway

Monday, November 18, 2019 - 2:12pm

A slowdown in global dividend growth is underway, according to the latest Janus Henderson Global Dividend Index (JHGDI).

Key Points: 
  • A slowdown in global dividend growth is underway, according to the latest Janus Henderson Global Dividend Index (JHGDI).
  • View the full release here: https://www.businesswire.com/news/home/20191118005490/en/
    Only US dividends reached an all-time record in Q3, up 8.0% on an underlying basis, well ahead of the global average.
  • The largest dividend payer in the US this year will be AT&T, jumping ahead of Apple, Exxon Mobil and Microsoft.
  • It was a difficult quarter in Australia with two fifths of companies in the index cutting dividends.

HomeTrust Bancshares, Inc. Announces a 17% Increase in Quarterly Cash Dividends

Friday, November 15, 2019 - 9:37pm

The dividend is payable on December 5, 2019 to shareholders of record as of the close of business on November 26, 2019.

Key Points: 
  • The dividend is payable on December 5, 2019 to shareholders of record as of the close of business on November 26, 2019.
  • As a result of our continued higher net income and strong capital position, we are pleased to increase our quarterly cash dividend by 17% just one year after initiating of our first cash dividend in November 2018, said Dana Stonestreet, Chairman, President and Chief Executive Officer.
  • This increase, combined with the recent authorization of our eighth stock repurchase program, continues our commitment to provide higher returns for our shareholders while managing our capital position.
  • HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank.

EPR Properties Declares Monthly Dividend for Common Shareholders

Friday, November 15, 2019 - 9:26pm

EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its monthly cash dividend to common shareholders.

Key Points: 
  • EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its monthly cash dividend to common shareholders.
  • The dividend of $0.375 per common share is payable December 16, 2019 to shareholders of record on November 29, 2019.
  • This dividend represents an annualized dividend of $4.50 per common share, an increase of over 4% over prior year and the Companys ninth consecutive year with an annual dividend increase.
  • EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns.

AG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on December 17, 2019

Friday, November 15, 2019 - 9:21pm

AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced today that its Board of Directors (the Board) has declared fourth quarter 2019 preferred stock dividends.

Key Points: 
  • AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced today that its Board of Directors (the Board) has declared fourth quarter 2019 preferred stock dividends.
  • In accordance with the terms of its 8.25% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock), the Board declared a quarterly cash dividend of $0.51563 per share on its Series A Preferred Stock.
  • In accordance with the terms of its 8.00% Series B Cumulative Redeemable Preferred Stock (the Series B Preferred Stock), the Board declared a quarterly cash dividend of $0.50 per share on its Series B Preferred Stock.
  • Dividends for the Series A Preferred Stock, the Series B Preferred Stock, and the Series C Preferred Stock are payable on December 17, 2019 to preferred shareholders of record on November 29, 2019.

46th Consecutive Year of Dividend Increases for United Bankshares, Inc.

Friday, November 15, 2019 - 9:30pm

Dividends per share of $1.37 for the year 2019 represents an increase over the $1.36 per share paid for the year of 2018.

Key Points: 
  • Dividends per share of $1.37 for the year 2019 represents an increase over the $1.36 per share paid for the year of 2018.
  • The year 2019 marks the 46th consecutive year of dividend increases to United shareholders.
  • United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 46 consecutive years.
  • United Bankshares, Inc. is the parent company of United Bank, the largest community bank headquartered in the D.C. Metro region.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Friday, November 15, 2019 - 8:00pm

Wells Fargo & Company (NYSE: WFC) today announced dividends on 11 series of preferred stock.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced dividends on 11 series of preferred stock.
  • A quarterly cash dividend of $325.00 per share was declared on its 5.20% non-cumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share.
  • A quarterly cash dividend of $320.31 per share was declared on its 5.125% non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share.
  • A quarterly cash dividend of $328.13 per share was declared on its 5.25% non-cumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share.

Malaga Financial Corporation Announces Special Year End 2019 Stock Dividend in Addition to First Quarter 2020 Cash Dividend

Friday, November 15, 2019 - 6:57pm

Malaga Financial Corporation announced today that its Board of Directors had declared a special 5% stock dividend on the companys common stock outstanding, payable on or about December 27, 2019 to shareholders of record at the close of business on December 13, 2019.

Key Points: 
  • Malaga Financial Corporation announced today that its Board of Directors had declared a special 5% stock dividend on the companys common stock outstanding, payable on or about December 27, 2019 to shareholders of record at the close of business on December 13, 2019.
  • The dividend will be issued in the form of additional shares of common stock.
  • Randy C. Bowers, President and CEO, remarked, We are pleased to declare a special year-end stock dividend in addition to our 62th consecutive quarterly dividend.
  • This is the 8th consecutive year that we have declared a special year-end dividend along with the quarterly cash dividend.

Badger Daylighting Ltd. November 2019 Cash Dividend

Friday, November 15, 2019 - 3:30pm

CALGARY, Alberta, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Badger Daylighting Ltd. (Badger) is pleased to announce its November 2019 cash dividend.

Key Points: 
  • CALGARY, Alberta, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Badger Daylighting Ltd. (Badger) is pleased to announce its November 2019 cash dividend.
  • Badger today announced that the directors of Badger declared a cash dividend for the month of November 2019 of $0.0475 per share, which equates to $0.57 per share on an annualized basis.
  • Payment will be made on or about December 15, 2019 to shareholders of record on November 30, 2019.
  • Badger expects that the dividend will be an eligible dividend for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.

Sutter Rock Capital Corp. Provides Additional Clarity on Dividend Distribution

Friday, November 15, 2019 - 1:30pm

(Sutter Rock or the Company) (Nasdaq:SSSS) today defined the character of the dividend declared on November 5, 2019.

Key Points: 
  • (Sutter Rock or the Company) (Nasdaq:SSSS) today defined the character of the dividend declared on November 5, 2019.
  • As part of the November 6, 2019 earnings announcement , Sutter Rock also disclosed that it anticipated declaring an additional dividend by year end.
  • Sutter Rocks $0.20 per share dividend and the anticipated additional dividend are expected to be reported as capital gains dividends and treated as long-term capital gains by stockholders.
  • Sutter Rock estimates the additional dividend to range between $0.05 and $0.50 per share.