Dividend Increases/Decreases for the Week of October 4

Below we provide a list of firms that raised their dividends during the week ending October 4. 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                          Almacenes Exito S.A. American Depositary Share, each representing eight (8) Common Shares (EXTO): now $0.0369 per share quarterly dividend, was $0.0116. Alphamin Resources Corp. (AFM:CA): now CAD 0.06 per share interim dividend, was CAD 0.03. American Financial (AFG): now $0.80 per share quarterly dividend, was $0.71. Arrow Financial (AROW): now $0.28 per share quarterly dividend, was $0.27. Bank OZK (OZK): now $0.41 per share … Read more

There Will Be Volatility

By Brian Nelson, CFA Last year, 2022, was a big test for equity investors, and the downside volatility that we witnessed during the year wasn’t comfortable, to say the least. Following the COVID-19 crash and rebound during 2020, and then the market surge in 2021, it wouldn’t be a stretch to say many investors’ heads are probably still spinning from all the volatility witnessed to start this decade. That said, part of what we’ve been warning about the past few years with respect to the equity market, especially in Value Trap, is that the proliferation of price-agnostic trading (e.g. quant, machine/algorithmic trading, etc.) will only lead to more and more market volatility, so while we were somewhat surprised by last … Read more

Dividend Increases/Decreases for the Week August 28

Below we provide a list of firms that raised their dividends during the week ending August 28. 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 Athene Holding Pfd C (ATH.PC): now $0.4826 per share quarterly dividend. Eastgroup Properties (EGP): now $0.79 per share quarterly dividend, was $0.75. FFW Corporation (FFWC): now $0.25 per share quarterly dividend, was $0.23. First Midwest Bancorp DP SH C (FMBIO): now $0.4375 per share quarterly dividend, was $0.277. Fresnius Medical Care AG Common Stock (FMS): now $0.491 per share annual dividend, was $0.45. Highway Holdings (HIHO): … Read more

Energy Sector In Shambles, Looks to Recover But Headwinds Persist

Image Source: ConocoPhillips – November 2019 Analyst and Investor Meeting IR Presentation Executive Summary: Though raw energy resource pricing is on the rebound, the outlook for the oil and gas industry remains stressed. Global demand for oil and related refined petroleum products remains subdued due to headwinds generated by the ongoing coronavirus (‘COVID-19’) pandemic. The OPEC+ oil cartel has responded by pledging to keep a significant amount of oil output off the market for an extended time. However, raw energy resource prices need to go much higher and be sustained at elevated levels before the space could become attractive from a longer-term perspective. In our view, the US upstream industry (specifically those in the shale patch) need WTI to move … Read more

Dividend Increases/Decreases for the Week of December 16

Below we provide a list of firms that raised their dividends during the week ending December 16. 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                Absecon Bancorp (ASCN): now $2.20 per share annual dividend, was $2.10. Algoma Central Corporation (ALC:CA): now CAD 1.35 per share special dividend, was CAD 0.17. Alpha Metallurgical (AMR): now $0.418 per share quarterly dividend, was $0.392. Ambev (ABEV): now $0.1457 per share annual dividend, was $0.08. AMEN Properties (AMEN): now $12.50 per share quarterly dividend, was $10.00. American Vanguard (AVD): now $0.03 per share quarterly … Read more