BKSC

Dividend Increases/Decreases for the Week of September 26

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Below we provide a list of firms that raised their dividends during the week ending September 26. 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                          Accenture (ACN): now $1.63 per share quarterly dividend, was $1.48. Bank of South Carolina (BKSC): now $0.23 per share quarterly dividend, was $0.21. City Holding (CHCO): now $0.87 per share quarterly dividend, was $0.79. Concentrix (CNXC): now $0.36 per share quarterly dividend, was $0.33. First United (FUNC): now $0.26 per share quarterly dividend, was $0.22. Honeywell International (HON): now $1.19 per share quarterly dividend, … Read more

Dividend Increases/Decreases for the Week of June 27

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Below we provide a list of firms that raised their dividends during the week ending June 27. 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                          AZZ (AZZ): now $0.20 per share quarterly dividend, was $0.17. Bank of South Carolina (BKSC): now $0.21 per share quarterly dividend, was $0.19. Cadiz Inc. 8.875% DEP PFD A (CDZIP): now $0.56 per share quarterly dividend, was $0.55. Chorus Aviation (CHR:CA): now CAD 0.08 per share quarterly dividend, was CAD 0.07. Euroholdings Ltd. (EHLD): now $0.14 per share quarterly dividend. First Bancorp (FNLC): now … Read more

CFA Institute Blog: “Hide-‘Til-Maturity” Accounting

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The Silicon Valley Bank collapse recalls the tussle over the accounting for financial instruments after the global financial crisis [GFC] in 2009, particularly the debate about whether some financial instruments should be carried at amortized cost (held-to-maturity, HTM) rather than at fair value (available-for-sale, AFS), or what is referred to as the “mixed measurement model.”  — Sandy Peters, CPA, CFA To read the article on the CFA Institute Blog >> —– Related: 4 Very Good Reasons Why We Don’t Like Dividends of Banking Stocks Banks & Money Centers: AXP, BAC, BBT, BK, C, DFS, FITB, GS, HBC, JPM, KEY, MS, NTRS, PNC, RF, STI, TFC, USB, WFC Valuentum does not believe the long-term dividend health of any financial institution can be accurately … Read more

Dividend Increases/Decreases for the Week September 25

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Below we provide a list of firms that raised their dividends during the week ending September 25. 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 Accenture (ACN): now $0.88 per share quarterly dividend, was $0.80. Artesian Resources (ARTNA): now $0.2571 per share quarterly dividend, was $0.2496. Bancolombia S.A. (CIB): now $0.309 per share quarterly dividend, was $0.285. Bank of South Carolina (BKSC): now $0.17 per share quarterly dividend, was $0.16. The First of Long Island (FLIC): now $0.19 per share quarterly dividend, was $0.18. Fortis (FTS): now CAD 0.505 per share … Read more

Dividend Increases/Decreases for the Week Ending March 29

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Below we provide a list of firms that raised their dividends during the week ending March 29. 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 Arcos Dorados Holdings (ARCO): now $0.11 per share annual dividend, was $0.10. Bank of South Carolina (BKSC): now $0.16 per share quarterly dividend, was $0.15. Banner (BANR): now $0.41 per share quarterly dividend, was $0.38. Columbus McKinnon (CMCO): now $0.06 per share quarterly dividend, was $0.05. ConnectOne Bancorp (CNOB): now $0.09 per share quarterly dividend, was $0.075. Dassault Systemes (DASTY): now EUR 0.65 per share annual … Read more

Dividend Increases for the Week Ending September 29

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Below we provide a list of firms that raised/lowered their dividends during the week ending September 29. 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 American Express Company (AXP): now $0.35 per share quarterly dividend, was $0.32. BancFirst (BANF): now $0.21 per share quarterly dividend, was $0.19. Bank of South Carolina (BKSC): now $0.15 per share quarterly dividend, was $0.14. CSB Bancorp (CSBB): now $0.22 per share quarterly dividend, was $0.20. Emera (EMRAF): now CAD 0.565 per share quarterly dividend, was $0.5225. The First of Long Island (FLIC): now $0.15 per … Read more

Dividend Increases/Decreases for the Week Ending September 23

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Below we provide a list of firms that raised/lowered their dividends during the week ending September 23. 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 8point3 Energy Partners (CAFD): now $0.2406 per share quarterly dividend, was $0.2325. ALPS Cohen & Steers Global Realty Majors ETF (GRI): now $0.382421 per share quarterly dividend, was $0.312204. Ameris Bancorp (ABCB): now $0.10 per share quarterly dividend, was $0.05. ATN International (ATNI): now $0.34 per share quarterly dividend, was $0.32. Bank of South Carolina (BKSC): now $0.14 per share quarterly dividend, was $0.13. BIOQUAL (BIOQ): … Read more

Dividend Increases for the Week Ending September 27

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Below we provide a list of firms that raised their dividends for the week ending September 27. 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 (or use our ‘Symbol’ search box in our website header). Firms Raising Their Dividends This Week Accenture (ACN): now $0.93 per share semi-annual dividend, was $0.81. Alico (ALCO): now $0.12 per share quarterly dividend, was $0.06. Bank of South Carolina Corp (BKSC): now $0.13 per share quarterly dividend, was $0.12. Banner Corp (BANR):  now $0.15 per share quarterly dividend, was $0.12. Campbell Soup (CPB): now $0.312 per share quarterly dividend, was $0.29. Hingham Institution for Savings (HIFS): now$0.27 per share … Read more

The Mortgage Refinancing Boom Could Be Ending

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Early Wednesday morning, the Mortgage Banker’s Association (MBA) announced that refinancing activity declined 20% from one week earlier. Adjusted for the Labor Day weekend, total mortgage applications dropped 13.5% from the previous week. Consistent with the dramatic upward movement in interest rates, refinancing activity is down 71% since it peaked during the week of May 3, 2013. Why Do We Monitoring Refinancing Activity? When homeowners refinance, a couple outcomes can occur that pump more dollars into the economy. First, with a refinanced mortgage, owners may choose to take equity out of the home, allowing for large purchases like vehicles or even home remodeling. CoreLogic recently reported that 2.5 million more residential properties have returned to positive equity in the second quarter … Read more

Why We Don’t Like Dividends of Banking Firms: 4 Very Good Reasons

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Untermyer: Is not commercial credit based primarily upon money or property? Morgan: No, sir. The first thing is character. Untermyer: Before money or property? Morgan: Before money or anything else. Money cannot buy it … a man I do not trust could not get money from me on all the bonds in Christendom. –Mr. JP Morgan’s testimony before the Pujo Committee (questioning from Samuel Untermyer), 1912-1913 Reason #1: A Bank Run Is Always Possible Though the history of banking dates back to as early as 2000 BC in Babylonia, the makings of the present-day banking system in the US really didn’t take hold until the beginning of the 20th century. Some financial historians may argue for a later date, but we … Read more