Featured Articles

Barnes & Noble Sees Share Price Jump 20% on Potential Acquisition News (BKS)
Ned Piplovic | October 5, 2018
The share price of Barnes & Noble, Inc. (NYSE:BKS) jumped more than 20% Thursday morning after the company announced the day before that its board had appointed a special committee to review potential buyout offers after multiple parties communicated interest in possibly acquiring the struggling bookstore giant. With an outstanding dividend yield of nearly 9%, is Barnes & Noble a…
THL Credit Inc. 6.125% Notes Due 2023
Tim McPartland | October 4, 2018
Date Issued 10/4/2018 Shares Issued 2,000,000 Overallotment Shares 300,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol TCRW Market Traded ON NYSE Interest Payment Paid on the 30th of March, June, September and December beginning on 12/30/2018 Quarterly Interest .383 Annual Interest 1.531 Securities may be redeemed, at the issuers option, as early as 10/30/2021 for a redemption…

Dividend Policy: Defined and Explained
Ned Piplovic | October 4, 2018
A company’s dividend policy generally refers to a set of decisions and a set of guidelines that outline how the company handles distributions of earnings or assets to its shareholders. The dividend policy is important because it outlines the magnitude, method, type and frequency of dividend distributions. At the highest level of decision making, companies have two basic options regarding what…

Higher Interest Rates Drive Preferred Stocks Lower
Tim McPartland | October 4, 2018
As the 10-year treasury yield spiked higher on Wednesday, Oct. 3, to the 3.16% area, holders of many preferred stocks and baby bonds have felt substantial pain. During the last few years, we have written many times about the need to stay in shorter maturity “term” preferreds, which have a mandatory redemption date, and baby bonds that offer maturities of…

AbbVie’s 4% Dividend Yield Continues Outperforming Peer Averages (ABBV)
Ned Piplovic | October 4, 2018
AbbVie, Inc. (NYSE:ABBV) maintains its perfect record of annual dividend hikes since its divestiture from Abbot Labs (NYSE:ABT) in 2013, and currently rewards its shareholders with an above-average dividend yield of 4%. The company’s current dividend yield is the third highest among its peers in the Major Drug Manufacturers industry segment and almost 60% above the simple average of the segment’s only…