Archive for September, 2007

TNP ex-dividend on 10/18 (2.3%)

Friday, September 28th, 2007

Tsakos Energy Navigation will pay a regular semi-annual dividend of $1.650 on Oct 26th to holders as of Thursday, October 18. That’s 2.3% of the share price of $70.410, equivalent to a 5% yearly yield. The divided is up from the prior semi-annual dividend of $1.50 per share. TNP strong charter coverage, widespread newbuilding programme […]

DSCP ex-dividend on 9/27 (3%, special)

Tuesday, September 25th, 2007

Datascope, a medical devices manufacturer, will pay a special dividend of $1.100 on Oct 15th if you own the stock at market opening on Thursday, September 27. That’s 3.2% of the share price of $34.420. $1/share is a special dividend, with the remaining 10c/share being the company\’s regular quarterly dividend. The amount of the special […]

NCT ex-dividend on 9/27 (4%)

Tuesday, September 25th, 2007

Newcastle Investment, a diversified REIT, will pay a regular quarterly dividend of $0.720 on Oct 30th to holders as of Thursday, September 27. That’s 3.6% of the share price of $19.810, or a 15% annual yield.

CORS ex-dividend on 9/24 (2%)

Monday, September 24th, 2007

Chicago-based Corus Bankshares will pay a regular quarterly dividend of $0.250 on 10/9 if you own the stock at market opening on 9/24. In spite of weaker Q2 results and overall loan quality, Corus is still well capitalized. The holding company’s stock price has plummeted along with condominium loan quality (Stock trades 14% below […]

CT ex-dividend on 9/26 (2.2%)

Monday, September 24th, 2007

Capital Trust will pay a regular quarterly dividend of $0.800 on Oct 15th if you own the stock at market opening on Wednesday, September 26. That’s 2.2% of the share price of $36.63, or a 9% annual yield.

IWA ex-dividend on 9/26 (2%)

Monday, September 24th, 2007

Iowa Telecommunications Services, a Telecom provider, will pay a regular quarterly dividend of $0.405 on Oct 15th if you own the stock at market opening on Wednesday, September 26. That’s 2% of the share price of $21.30, or a 8% annual yield.

GKK ex-dividend on 9/26 (2.3%)

Friday, September 21st, 2007

Gramercy Capital, a commercial mortgage REIT, will pay a regular quarterly dividend of $0.630 on Oct 15th to holders as of Wednesday, September 26. That’s 2.3% of the share price of $27.270, or a 9% annual yield. GKK managed to maintain its dividend this quarter, but watch out for weakening fundamentals. Play the cool down.

JRT ex-dividend on 9/26 (3%)

Friday, September 21st, 2007

JER Investors Trust, a mortgage REIT, will pay a regular quarterly dividend of $0.450 on Oct 31st if you own the stock at market opening on Wednesday, September 26. That’s 3.3% of the share price of $13.460, or a 13% annual yield.

FRP ex-dividend on 9/26 (2.1%)

Friday, September 21st, 2007

Fairpoint Communications, a provider of phone, Internet and broadband services to rural areas, will pay a regular quarterly dividend of $0.397 on Oct 16th if you own the stock at market opening on Wednesday, September 26 (taxed as earning dividend). That’s 2.1% of the share price of $19.350, or a 8% annual yield.

NHI ex-dividend on 9/26 (2%)

Tuesday, September 18th, 2007

National Health Investors, a health care financial REIT, will pay a regular quarterly dividend of $0.500 on Nov 9th if you own the stock at market opening on Wednesday, September 26.

RAS ex-dividend on 9/19 (6%)

Tuesday, September 11th, 2007

RAIT Investment Trust, a commercial REIT, will pay a regular quarterly dividend of $0.460 on Oct 12th to holders as of Wednesday, September 19. That’s 5.5% of the share price of $8.320, or a 22% annual yield. RAIT has been hammered by the mortgage meltdown, but strong fundamentals, high dividend yield and some insider buying […]

THO ex-dividend on 9/25 (5%, special)

Wednesday, September 5th, 2007

Recreational vehicle maker Thor Industries will pay a special dividend of $2.000 on Oct 8th to holders as of Tuesday, September 25. That’s 4.6% of the share price of $43.150. Thor already paid a $1 special dividend last September. Thor just reported a weak quarter with Sales down 7 percent year over year. Recreational vehicle […]