STBA

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

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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   Image: Bank Run in Michigan, USA, February 1933. Source: Public Domain. By Brian Nelson, CFA It’s sometimes easy to lose sight of the fragility of a banking firm’s business model. Let’s examine the reasons why we don’t like banking firms’ dividends. Reason #1: A Bank Run Is Always Possible. Reason #2: Others Have Tried to Invest in Bank Dividends and Have Failed. Reason #3: … Read more

Dividend Increases/Decreases for the Week Ending October 20

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Below we provide a list of firms that raised/lowered their dividends during the week ending October 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 1st Source (SRCE): now $0.20 per share quarterly dividend, was $0.19. Accenture (ACN): now $1.33 per share semi-annual dividend, was $1.21. AltaGas (ATGFF): now CAD 0.1825 per share monthly dividend, was CAD 0.175. Avianca (AVH): now $0.097 per share quarterly dividend, was $0.091. AVX (AVX): now $0.115 per share quarterly dividend, was $0.11. Canadian Banc Corp (CNDCF): now CAD 0.10883 per share monthly dividend, was CAD … Read more

Dividend Increases/Decreases for the Week Ending April 20

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Below we provide a list of firms that raised their dividends during the week ending April 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 American Water Works (AWK): now $0.455 per share quarterly dividend, was $0.415. AmeriServ Financial (ARSV): now $0.02 per share quarterly dividend, was $0.015. Antero Midstream GP (AMGP): now $0.108 per share quarterly dividend, was $0.075. Antero Midstream Partners (AM): now $0.39 per share quarterly dividend, was $0.365. Badger Daylighting (BADFF): now CAD 0.045 per share monthly dividend, was CAD 0.038. Banco Santander-Chile (BSAC): now $0.9563 per … Read more

Dividend Increases/Decreases for the Week of October 27

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Below we provide a list of firms that raised their dividends during the week ending October 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                          AbbVie (ABBV): now $1.55 per share quarterly dividend, was $1.48. Adecoagro (AGRO): now $0.1649 per share semi-annual dividend, was $0.1626. American Electric Power (AEP): now $0.88 per share quarterly dividend, was $0.83. Amphenol (APH): now $0.22 per share quarterly dividend, was $0.21. Associated Banc-Corp (ASB): now $0.22 per share quarterly dividend, was $0.21. Atlantic Union Bank (AUB): now $0.32 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week of January 31

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Below we provide a list of firms that raised their dividends during the week ending January 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                          AES (AES): now $0.1759 per share quarterly dividend, was $0.1725. ALLETE (ALE): now $0.730 per share quarterly dividend, was $0.705. Applied Industrial Technologies (AIT): now $0.46 per share quarterly dividend, was $0.37. Archrock (AROC): now $0.190 per share quarterly dividend, was $0.175. Arthur J. Gallagher (AJG): now $0.65 per share quarterly dividend, was $0.60. Baker Hughes (BKR): now $0.23 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week Ending October 25

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Below we provide a list of firms that raised their dividends during the week ending October 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 Agnico Eagle (AEM): now $0.175 per share quarterly dividend, was $0.125. AllianceBernstein (AB): now $0.63 per share quarterly dividend, was $0.56. American Electric Power (AEP): now $0.70 per share quarterly dividend, was $0.67. Armstrong World (AWI): now $0.20 per share quarterly dividend, was $0.175. The Bank of Princeton (BPRN): now $0.10 per share quarterly dividend, was $0.03. BJ’s Restaurants (BJRI): now $0.13 per share quarterly dividend, … Read more

Dividend Increases/Decreases for the Week Ending November 1

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Below we provide a list of firms that raised their dividends during the week ending November 1. 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 Abbvie (ABBV): now $1.18 per share quarterly dividend, was $1.07. ACCO Brands (ACCO): now $0.065 per share quarterly dividend, was $0.06. Amalgamated Bank (AMAL): now $0.08 per share quarterly dividend, was $0.06. American Assets Trust (AAT): now $0.30 per share quarterly dividend, was $0.28. Arbor Realty Trust (ABR): now $0.030 per share quarterly dividend, was $0.29. Artisan Partners Asset Management (APAM): now $0.65 per share quarterly … Read more