Your Ad Here
Showing posts with label 5-8% Dividend. Show all posts
Showing posts with label 5-8% Dividend. Show all posts

Thursday, February 24, 2011

Seadrill (SDRL) Increases Quarterly Dividend to $0.675; Yields 7.3%; Declares Special $0.20 Dividend

Seadrill (Nasdaq: SDRL) has declared a quarterly dividend of $0.675 per common share, $2.70 annualized. The dividend is a 44.4% increase from the current rate of $0.4675.

Yield on the dividend is 7.3%.

The Board also declared a special dividend of $0.20 per share.

Yield on the special dividend is 0.5%.

Disclosure I am Long SDRL shares. 

Sunday, February 20, 2011

Reynolds American Boosts Quarterly Dividend 8.2% To 53 Cents

Reynolds American Inc. (RAI) raised its quarterly dividend 8.2% as the tobacco company, like many other companies of late, looks to return value to shareholders.

The company boosted the dividend to 53 cents from its previous 49-cent level, bringing the annual rate to $2.12 a share.

"This increase aligns the dividend with the company's recently increased payout target and demonstrates the company's commitment to returning value to shareholders," said President and Chief Executive-elect Daniel Delen.

Many companies have been looking to return value to shareholders in recent months, using their cash piles to buy back stock or implement or boost dividends.

Earlier this month, Reynolds said its fourth-quarter profit climbed 44%, driven by higher pricing and productivity improvements.

Shares rose 0.8% to $33.50 in light premarket trading. As of Tuesday's close, the stock had risen 29% in the past year.

Disclosure None

Earnings: National Health Investors up 20% NHI

National Health Investors (NYSE: NHI) announced today a 20 percent increase in its normalized funds from operations.

For the fourth quarter, NHI reported a Normalized FFO of $20 million, or 72 cents per basic share, compared to $16.7 million, or 60 cents per share, a year ago. The company reported Funds From Operations of $19.7 million, compared to $18.6 million for the year-ago quarter; and net income of $17 million, compared with $16.3 million in the year-ago quarter. Analysts, on average, had estimated earnings of 71 cents per share on an FFO of $20.1 million, according to Thomson Reuters.

Murfreesboro-based National Health Investors is a long-term health care real estate investment trust based in Murfreesboro. Its portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, medical office buildings and an acute care hospital.

Fourth quarter 2010 Normalized FFO: $20 million
Fourth quarter 2009 Normalized FFO: $16.7 million
Fourth quarter 2010 net income: $17 million
Fourth quarter 2009 net income: $16.3 million

Market reaction: NHI released it’s earnings report before the market opened Thursday. Shares closed Wednesday at $46.25. The 52-week range for the stock is $33.50 to $49.

National Health Investors, Inc., a real estate investment trust (REIT), invests in health care properties, primarily in the long-term care industry in the United States. As of December 31, 2008, it had investments in real estate assets and mortgage notes receivable investments in 123 health care facilities consisting of 83 long-term care facilities, 1 acute care hospital, 4 medical office buildings, 14 assisted living facilities, 4 retirement centers, and 17 residential projects for the developmentally disabled in 17 states. The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to federal income tax, if it distributes at least 90% of its REIT taxable income to its shareholders. National Health Investors, Inc. was founded in 1991 and is based in Murfreesboro, Tennessee.

Disclosure I am long NHI shares.