Featured Articles
Raytheon Company Hikes Dividend 9%, Offers 40% One-Year Total Return (RTN)
Ned Piplovic | March 26, 2018
The Raytheon Company (NYSE:RTN) announced its 14th consecutive boost to its annual dividend by hiking its quarterly payout nearly 9% to boost its current yield to 1.63%. While company’s current yield of 1.63% seems low compared to other industries, this stock is best suited for investors looking for steady asset appreciation with reliable dividend income over the long term. Under…
Allstate Corporation 5.625% Series G Non Cumulative Perpetual Preferred Stock
Tim McPartland | March 25, 2018
Date Issued 3/26/2018 Shares Issued 20,000,000 Overallotment 3,000,000 Security Ticker Symbol ALL-G OTC Grey Market ALLSP Market Traded ON NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2018 Quarterly Dividend .352 Annual Dividend 1.406 Securities may be redeemed, at the issuers option, as early as 04/15/2023 for a redemption price of $25/share plus accrued dividends…
CAI International 8.50% Series A Fixed-to-Floating Cumulative Redeemable Perpetual Preferred Stock
Tim McPartland | March 23, 2018
Date Issued 3/22/2018 Shares Issued 1,600,000 Overallotment 240,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol CAI-A OTC Grey Market CNNLP Market Traded ON NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2018 Quarterly Dividend .531 Annual Dividend 2.125 Securities may be redeemed, at the issuers option, as early as 03/30/2023 for a redemption…
Mid-America Apartment Communities Offers 4% Dividend Yield (MAA)
Ned Piplovic | March 23, 2018
Mid-America Apartment Communities, Inc. (NYSE:MAA) continues to offer its shareholders rising annual dividend payouts and a current 4.1% yield that rewards investors with above-average dividend income rates. In addition to eight consecutive years of annual dividend hikes, the company managed to avoid dividend cuts over the past two decades. The share price rose almost 10% between March 2017 and mid-October…
Manhattan Bridge Capital Boosts Quarterly Dividend Payout 9% (LOAN)
Ned Piplovic | March 23, 2018
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), which currently sports a dividend yield in excess of 7%, recently announced that it will be boosting its quarterly dividend distribution for the next period by more than 9% above current rates. At present, the company’s current dividend yield is around 80% higher than industry and sector averages. Manhattan Bridge Capital has also seen…
