Featured Articles
Market Carnage Presents Opportunity
Tim McPartland | January 20, 2016
The carnage we have witnessed in the stock markets the last week or two has been incredibly painful for most investors, including income investors. We go through many market cycles where various segments are decimated while others remain untouched. But we historically also have had periods where there is no place to hide -- we now are in the "no…
Self-Storage REIT Public Storage Sells New Preferred Shares
Tim McPartland | January 19, 2016
Giant self-storage REIT Public Storage (NYSE:PSA) has sold a new cumulative, redeemable preferred stock issue.Public Storage is a large and respected operator of self-storage properties worldwide and the organization’s financials appear impeccable. The company stands out as a rare REIT that generates about a billion dollars per year in net income, while carrying virtually no debt.In addition, Public Storage’s balance sheet looks to…
Public Storage 5.40% Cumulative Preferred Stock Series B
Tim McPartland | January 14, 2016
Date Issued 01/12/2016Shares Issued 11,000,000 Overallotment Shares 1,000,000S&P Rating BBB+ Moodys Rating A3Security Ticker Symbol PSA-B OTC Temporary Ticker PBSTPMarket Traded ON NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2016Quarterly Dividend .3375 Annual Dividend 1.35Securities may be redeemed, at the issuers option, as early as…
A Review of 2015 in the Model Portfolios
Tim McPartland | January 13, 2016
It is time to take a look back at 2015 and see how we performed in our model portfolios. Dividend Yield Hunter had two model portfolios active during the entirety of 2015 and one additional portfolio that was conceived and launched in August of 2015. A recap of these model portfolios and how they performed seems warranted. When 2015 began, I wrote…
Income Issues Hanging Tough Through Market Turmoil
Tim McPartland | January 7, 2016
News headlines basically scream "Worst Stock Market Start in History," referring to the first days of trading in 2016.Undoubtably, the first half of January 2016 has been tough for many investors as common stocks slid. Fortunately for many income investors, this huge common stock downdraft has left many, if not most, preferred stocks and baby bonds relatively unscathed.Seasoned income investors…