Archive for June, 2007

CORS ex-dividend on 7/16 (6%, special)

Friday, June 29th, 2007

Corus Bankshares will pay a special dividend of $1.00 on August 1 to holders as of Monday, July 16. That’s 5.8% of the share price of $17.260. The dividend will be paid out of existing assets. Corus is considering more special cash dividends before December 2010, when tax rates on dividends will rise from their […]

FIZZ ex-dividend on 7/18 (7%, special)

Thursday, June 28th, 2007

National Beverage will pay a special dividend of $0.80 on August 17 to holders as of Wednesday, July 18. That’s 6.7% of the share price of $11.870. FIZZ recently moved from the AMEX to NASDAQ. National Beverage is now the largest beverage company - by sales - listed on the market.

LUM ex-dividend on 7/9 (3%)

Wednesday, June 27th, 2007

Luminent, a mortgage REIT, will pay a regular quarterly dividend of $0.32 on August 8 to holders as of Monday, July 9. That’s 3.2% of the share price of $9.90, or a 13% annual yield.

PGR ex-dividend on 8/29 (9%, special)

Thursday, June 21st, 2007

The Progressive Corporation will pay a special dividend of $2.00 on September 14 to holders as of Wednesday, August 29. That’s 8.5% of the share price of $23.50. The Board also approved a new authorization for the Company to repurchase up to 100 million of its Common Shares over the course of the next 24 […]

AHM ex-dividend on 7/5 (3%)

Thursday, June 21st, 2007

American Home Mortgage Investment, a mortgage REIT, will pay a regular quarterly dividend of $0.70 on July 27 to holders as of Thursday, July 5. That’s 3.1% of the share price of $22.880, or a 12% annual yield. This represents a 38 percent drop in AHM quarterly dividend. Before this quarter, AHM has doubled its […]

GKK ex-dividend on 6/27 (2.1%)

Thursday, June 21st, 2007

Gramercy Capital, a commercial mortgage REIT, will pay a regular quarterly dividend of $0.63 on July 13 to holders as of Wednesday, June 27. That’s 2.1% of the share price of $30, or a 8% annual yield. The new quarterly dividend represents an increase per common share of $0.07, or 12.5 pct, over the dividend […]

JRT ex-dividend on 6/27 (2.5%)

Thursday, June 21st, 2007

JER Investors Trust, a mortgage REIT, will pay a regular quarterly dividend of $0.45 on July 31 to holders as of Wednesday, June 27. That’s 2.5% of the share price of $18, or a 10% annual yield.

FRP ex-dividend on 6/27 (2.2%)

Thursday, June 21st, 2007

Fairpoint Communications, a provider of phone, Internet and broadband services to rural areas, will pay a regular quarterly dividend of $0.40 on July 17 to holders as of Wednesday, June 27 (taxed as earning dividend). That’s 2.2% of the share price of $17.850, or a 9% annual yield.

RSO ex-dividend on 6/27 (3%)

Sunday, June 17th, 2007

Resource Capital, a commercial financial REIT, will pay a regular quarterly dividend of $0.41 on July 17 to holders as of Wednesday, June 27. That’s 2.9% of the share price of $14.200, or a 12% annual yield.

CT ex-dividend on 6/27 (2.3%)

Sunday, June 17th, 2007

Capital Trust will pay a regular quarterly dividend of $0.80 on July 15 to holders as of Wednesday, June 27. That’s 2.3% of the share price of $34.860, or a 9% annual yield.

RAS ex-dividend on 6/26 (3%)

Saturday, June 16th, 2007

RAIT Investment Trust, a commercial REIT, will pay a regular quarterly dividend of $0.84 on July 13 to holders as of Tuesday, June 26. That’s 2.8% of the share price of $29.980, or a 11% annual yield. The $0.84 per common share dividend represents an increase of $0.04 per common share, or 5.0 percent, over […]

IWA ex-dividend on 6/27 (1.8%)

Saturday, June 16th, 2007

Iowa Telecommunications Services, a Telecom provider, will pay a regular quarterly dividend of $0.41 on July 16 to holders as of Wednesday, June 27.

NCT ex-dividend on 6/28 (2.6%)

Friday, June 15th, 2007

Newcastle Investment, a diversified REIT, will pay a regular quarterly dividend of $0.72 on July 30 to holders as of Thursday, June 28. That’s 2.6% of the share price of $27.710, or a 10% annual yield.

BAMM ex-dividend on 6/18 (15%, special)

Tuesday, June 12th, 2007

Books-A-Million will pay a special dividend of $3.00 on July 5 to holders as of Monday, June 18. That’s 15.0% of the share price of $20.050.

CLP ex-dividend on 6/18 (22%, special)

Saturday, June 9th, 2007

Colonial Properties Trust, a REIT, will pay a special dividend of $10.75 on June 29 to holders as of Monday, June 18. That’s 22.5% of the share price of $47.830. The dividend stems from the sale of office and retail assets to joint ventures that Colonial Properties will manage, for a before-tax proceeds of $1.5 […]