Tag Archives: news
Select Income REIT Hikes Distribution
Real estate investment trusts (REITs) aren’t known for their fast dividend growth, but one company seems to be proving the skeptics wrong. On Monday, Select Income REIT (NASDAQ:SIR) announced a quarterly cash distribution of $0.51 per common share. This represents.
Cummins Inc. Bumps Quarterly Dividend 5.1%
New York, NY — For the seventh year in a row, Cummins Inc. (NYSE:CMI) has elected to slightly raise its quarterly dividend. On Tuesday, the Columbus-based engine maker declared a payout of $1.025 per share, to be paid on September.
Healthcare Services Group, Inc. Reports Earnings, Hikes Dividend
Housekeeping may not be the sexiest business in the world, but it has been a profitable formula for investors. On Tuesday, Healthcare Services Group, Inc. (NASDAQ:HCSG) stock announced a quarterly dividend of $0.18375 per common share, representing a 0.7% increase.
Plains All American Pipeline, L.P. Announces Distribution Cut
Energy partnerships could be great picks for income investors. Unfortunately, not all of them are going through sunshine and rainbows these days. For example, one of them just announced a distribution cut. On Monday, July 11, Plains All American Pipeline,.
Moody’s: Canadian Banks Could Be Forced to Cut Dividends
Low oil prices could force Canada’s big banks to slash their dividends, according to the latest report by Moody’s. On Monday, the investment ratings agency published a report analyzing the impact of a downturn in the oil and gas sector.
This Could Spark a Dividend Hike at Kinder Morgan Inc
Income investors were unimpressed when Kinder Morgan Inc (NYSE:KMI) cut its dividends last December. But now, there is a new deal that could boost the pipeline giant’s ability to restore its dividends. On Sunday, July 10, Kinder Morgan announced that.
U.S. Treasury Yields Recover from All-Time Lows
Markets turned to risk-off mode after the Brexit referendum, sending bond yields to record lows. Now U.S. government bonds are having a pullback, which has helped yields return to a more normal level. There was already good news for the.
Over 11 Million U.S. Households Spend Half of Their Income on Rent
A housing shortage has sent rents soaring across the country, leaving some Americans struggling to catch up. According to the Joint Center for Housing Studies of Harvard University’s latest State of the Nation’s Housing report, the cost burden for renters.
Alimentation Couche-Tard Inc Reports Record Profits, Hikes Dividend
New York, NY — Convenience stores may not be the most exciting business in the world, but they have been a lucrative investment for shareholders. On Monday, Alimentation Couche-Tard Inc (TSE:ATD.B) declared a payout of $0.0775 per share, to be.
U.S. Job Openings in May Fell to Lowest Level in 2016
The U.S. economy didn’t add that many jobs in May. Now, a new report just confirmed the month’s weakness in the labor market. On Tuesday, July 12, the Bureau of Labor Statistics released the latest “Job Openings and Labor Turnover.