ARCP

Stocks Catapult Back To Near All-Time Highs

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It appears that we may get a Santa Claus rally after all. Call it window dressing. Call it drinking at the Fed’s punch bowl. Call it what you will. But the Dow Jones Industrial Average (DIA) polished off its biggest two-day gain in six years to propel itself back to near all-time highs again. The S&P 500 (SPY), shown above, is now within throwing distance of setting new record ground, and spirits remain high as we approach the Christmas holiday and New Year. Collapsing prices at the gas pump, though highlighting risks to global economic growth, may be helping to spread the holiday cheer. For clarification, we continue to be optimistic about the future returns in the newsletter portfolios, but … Read more

Nothing Wrong at the Monthly Dividend Company

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“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” — Warren Buffett One of the most important duties of our team is to keep bad ideas from creeping into your portfolio–bad ideas like American Realty Capital (ARCP). Accounting issues at American Realty Capital have recently cost its stockholders dearly, with the REIT’s shares down 30% from the announcement. Only after the fact did brokerage houses JP Morgan, BMO Capital and Capital One downgrade the REIT’s shares. Even some of the most-read REIT authors on blogs had bought into ARCP’s hype. Not us. Realty Income (O)—nicknamed the Monthly Dividend Company–remains our standout dividend growth REIT pick, and investors have flocked to its shares amid the chaos. Realty Income’s shares … Read more

Firms Raising Their Dividends in the Week Ending March 1

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The flurry of dividend increases continues. Below we provide a list of firms that upped their dividends for the week ending March 1. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports, please click here. Firms Raising Their Dividends This Week Acadia Realty Trust (AKR): now $0.21 per share quarterly dividend, was $0.18. American Realty Capital Properties (ARCP): now $0.075 per share monthly dividend, was $0.7458. Big 5 Sporting Goods Corporation (BGFV): now $0.10 per share quarterly dividend, was $0.075. CBL & Associates Properties, Inc. (CBL): now $0.23 per share quarterly dividend, was $0.22. Cedar Fair (FUN): now $0.625 per share quarterly distribution, was $0.40. Chico’s (CHS): … Read more

Dividend Increases/Decreases for the Week Ending January 24

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Below we provide a list of firms that raised their dividends during the week ending January 24. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Air Products and Chemicals (APD): now $1.34 per share quarterly dividend, was $1.16. Applied Industrial Technologies (AIT): now $0.32 per share quarterly dividend, was $0.31. Bank of the James Financial Group (BOTJ): now $0.07 per share quarterly dividend, was $0.04. Cambridge Bancorp (CATC): now $0.53 per share quarterly dividend, was $0.51. Capital Products Partners (CPLP): now $0.35 per share quarterly dividend, was $0.315. CNX Midstream Partners … Read more

Dividend Increases/Decreases for the Week Ending February 21

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Below we provide a list of firms that raised their dividends during the week ending February 21. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Advance Auto Parts (AAP): now $0.25 per share quarterly dividend, was $0.06. Allstate (ALL): now $0.54 per share quarterly dividend, was $0.50. AMERISAFE (AMSF): now $0.27 per share quarterly dividend, was $0.25. Analog Devices (ADI): now $0.62 per share quarterly dividend, was $0.54. Armada Hoffler Properties (AHH): now $0.22 per share quarterly dividend, was $0.21. BankUnited (BKU): now $0.23 per share quarterly dividend, was $0.21. Blackhawk … Read more