PSBQ

Dividend Increases/Decreases for the Week of June 20

by

Below we provide a list of firms that raised their dividends during the week ending June 20. 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                          Acme United (ACU): now $0.16 per share quarterly dividend, was $0.15. AG Mortgage Investment Trust (MITT): now $0.21 per share quarterly dividend, was $0.20. Artis Real Estate Investment Trust PFD SER E (AX.PR.E:CA): now CAD 0.4498 per share quarterly dividend, was CAD 0.0450. ATN International (ATNI): now $0.275 per share quarterly dividend, was $0.240. Canlan Ice Sports (ICE:CA): now $0.50 per share special dividend, … Read more

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

by

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 of June 23

by

Below we provide a list of firms that raised their dividends during the week ending June 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                          Cadiz Inc. 8.875% DEP PFD A (CDZIP): now $0.56 per share quarterly dividend, was $0.55. Calvin B. Taylor Bankshares (TYCB): now $0.34 per share quarterly dividend, was $0.33. Darden Restaurants (DRI): now $1.31 per share quarterly dividend, was $1.21. Decisive Dividend Corporation (DE:CA): now CAD 0.04 per share monthly dividend, was CAD 0.035. Dream Impact Trust (MPCT.UN:CA): now CAD 0.0533 per share monthly dividend, … Read more

Dividend Increases/Decreases for the Week of June 24

by

Below we provide a list of firms that raised their dividends during the week ending June 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      AMEN Properties (AMEN): now $10.00 per share quarterly dividend, was $7.50. Conifex Timber (CFXTF): now CAD 0.20 per share special dividend. Darden Restaurants (DRI): now $1.21 per share quarterly dividend, was $1.10. First Farmers Financial (FFMR): now $0.42 per share quarterly dividend, was $0.40. Healthcare Trust 7.125% PFD SER B (HTIBP): now $0.4453 per share quarterly dividend, was $0.4206. Horizon Bancorp (HBNC): now $0.16 per share … Read more

Dividend Increases/Decreases for the Week December 31

by

Below we provide a list of firms that raised their dividends during the week ending December 31. 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 Bancolombia S.A. (CIB): now $0.0661 per share quarterly dividend, was $0.0612. BrightSpire Capital (BRSP): now $0.18 per share quarterly dividend, was $0.16. Broadstone Net Lease (BNL): now $0.265 per share quarterly dividend, was $0.255. Cadiz Inc. 8.875% DEP PFD A (CDZAP): now $0.56 per share quarterly dividend. Green Stream Holdings (GSFI): now $0.001 per share special dividend. Grupo Aval Acciones y Valores S.A. (AVAL): now $0.022 … Read more

Dividend Increases/Decreases for the Week Ending June 21

by

Below we provide a list of firms that raised their dividends during the week ending June 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 ALPS Cohen & Steers Global Realty Majors ETF (GRI): now $0.3726 per share quarterly dividend, was $0.3464. ALPS Equal Sector Weight ETF (EQL): now $0.4145 per share quarterly dividend, was $0.3067. Bank of Commerce (BOCH): now $0.05 per share quarterly dividend, was $0.04. Cross Timbers Royalty Trust (CRT): now $0.090063 per share monthly dividend, was $0.082025. Darden Restaurants (DRI): now $0.88 per share quarterly dividend, was … Read more

The Mortgage Refinancing Boom Could Be Ending

by

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

by

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

Dividend Increases/Decreases for the Week Ending June 19

by

Below we provide a list of firms that raised their dividends during the week ending June 19. 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 CBA Florida (CBAI): now $0.0062 per share liquidating distribution. Dividend 15 Split Corp IIA (DVDDF): now CAD 0.10 per share monthly dividend, was suspended. Dividend Select 15 (DVVDF): now CAD 0.0496 per share monthly dividend, was CAD 0.0489. Financial 15 Split Corp (FNNCF): now CAD 0.04583 per share monthly dividend, was CAD 0.0458. Franklin Limited Duration Income Trust (FTF): now $0.0736 per share monthly dividend, was … Read more

Dividend Increases/Decreases for the Week June 18

by

Below we provide a list of firms that raised their dividends during the week ending June 18. 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 AG Mortgage Investment Trust (MITT): now $0.07 per share quarterly dividend, was $0.06. America First Multifamily Investors (ATAX): now $0.11 per share quarterly dividend, was $0.09. Benchmark Electronics (BHE): now $0.165 per share quarterly dividend, was $0.16. Calamos Long/Short Equity & Dynamic Income Trust (CPZ): now $0.14 per share monthly dividend, was $0.13. Canadian Banc Corp (CNDCF): now 0.1017 per share monthly dividend, was CAD 0.0942. … Read more