Dividend Increases/Decreases for the Week Ending November 2

Below we provide a list of firms that raised their dividends during the week ending November 2. 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 Aircastle (AYR): now $0.30 per share quarterly dividend, was $0.28. AllianceBernstein (AB): now $0.69 per share quarterly dividend, was $0.62. American Assets Trust (AAT): now $0.28 per share quarterly dividend, was $0.27. Apollo Global Management (APO): now $0.46 per share quarterly dividend, was $0.43. Arbor Realty Trust (ABR): now $0.27 per share quarterly dividend, was $0.25. Black Stone Minerals (BSM): now $0.37 per share quarterly dividend, … Read more

2,350-2,750 on the S&P? Could the Coronavirus Catalyze a Financial Crisis?

Image: We think a rather modest sell-off in the market to the target range of 2,350-2,750 on the S&P 500 is rather reasonable in the wake of one of the biggest economic shocks since the Global Financial Crisis. The chart above shows how far markets have advanced since 2011, and an adjustment lower to the target range of 2,350-2,750 is rather modest in such a context and would only bring markets to late 2018 levels (note red box as the target range). The range reflects ~16x S&P 500 12-month forward earnings estimates, as of February 14, adjusted down 10% due to COVID-19. When companies like Visa talk about a couple percentage points taken off of growth rates, one knows that … Read more

Dividend Increases/Decreases for the Week of May 12

Below we provide a list of firms that raised their dividends during the week ending May 12. 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                          Alpha Metallurgical (AMR): now $0.50 per share quarterly dividend, was $0.44. Annaly Capital Management 6.95% PFD SER F (NLY.PF): now $0.6345 per share quarterly dividend, was $0.6076. Apollo Global Management (APO): now $0.43 per share quarterly dividend, was $0.40. Ark Restaurants (ARKR): now $0.1875 per share quarterly dividend, was $0.1250. Armada Hoffler Properties (AHH): now $0.195 per share quarterly dividend, was $0.190. Artesian Resources … Read more