News
Analyst: Avoid “Dividend Darlings” with High Valuations
Debt Investors Shifting Money to Dividend Stocks New York, NY — Yield-hungry debt investors shouldn’t blindly buy dividend stocks with high valuations. Investors are diverting cash to equity markets as they look for returns amid negative yields in most of.
Morgan Stanley Upgrades Kinder Morgan, Inc. (NYSE:KMI) Stock to Overweight
Analyst Raises Price Target on Kinder Morgan Stock to $24.00 After a huge drop last year, Kinder Morgan, Inc. (NYSE:KMI) stock has climbed quite a bit in 2016. Now, a major Wall Street firm is saying that there is more.
United Bancorp, Inc. (NASDAQ:UBCP) Hikes Dividends
Increases Quarterly Dividend Rate to $0.11 Per Share Some small banks can pay big dividends. United Bancorp, Inc. (NASDAQ:UBCP) is the latest example. On, August 18, United Bancorp announced that its board of directors has approved a quarterly cash dividend.
Aegion Corporation (NASDAQ:AEGN) Announces New Share Repurchase Program
Authorizes an Additional $10.0 Million in Stock Buybacks On, August 17, Aegion Corporation (NASDAQ:AEGN) announced that its board of directors has authorized a new share repurchase program. Via this program, the company will be able to repurchase up to $10.0.
Communications Systems Slashes Quarterly Dividend by 75%
Shares Tumble 6% After Cost-Cutting Measures Announced New York, NY — Communications Systems, Inc. (NASDAQ:JCS) (CSI) slashed its quarterly dividend by 75%, as the global provider of physical connectivity infrastructure and services says it is taking steps to reduce cost..
ITC Holdings Corp. Announces Dividend Hike
15% Increase in Quarterly Dividend Rate Just before being acquired, ITC Holdings Corp. (NYSE:ITC) decided to reward shareholders with one more dividend hike. On Wednesday, August 17, ITC Holdings announced that its board of directors has approved a quarterly cash.
UBS Analysts Warn Investors Off Emerging Markets
Growth May Not Be What it Seems Around 8:00 a.m. Eastern Standard Time, emerging market stocks capped off an epic rally by hitting a 13-month high. That being said, two analysts aren’t buying the hype. Bhanu Baweja and Manik Narain,.
U.S. Jobless Claims Decline Last Week, Report Says
Drops in Insurance Claims Signal Strong Job Market New York, NY — The number of Americans seeking unemployment benefits in new applications dropped last week, a trend in line with strengthening job market conditions. Initial claims for unemployment benefits, a.
Nomura: Mortgage REITs Could Benefit from Money Market Reform
Mortgage REITs Have Real Upside, Analysts Say For income investors interested in real estate, there are more than 200 real estate investment trusts (REITs) to choose from, with a small portion of them being mortgage REITs. And according to Japanese.
Briggs & Stratton Increases Quarterly Dividend by 4%
Gasoline Engine Maker’s Quarterly Profit Falls New York, NY — Briggs & Stratton Corporation (NYSE:BGG) said its board has approved a four percent increase in its quarterly dividend, as the world’s largest producer of gasoline engines for outdoor power equipment.