Chasing the Yield

Investing for income through dividends and distributions

  • Capital Southwest (CSWC) increases dividend by 1.8%, announces special dividend of $0.06 per share

    Capital Southwest (CSWC) increases dividend by 1.8%, announces special dividend of $0.06 per share

    In consideration of the performance of our portfolio, improvements in our operating leverage, and elevated market interest rates, the Board of Directors has declared an increase in our regular quarterly dividend to $0.57 per share for the December 31, 2023 quarter. In addition, given the continued excess earnings being generated by our floating rate debt portfolio, our Board of…

  • Realty Income Corp (O) will acquire Spirit Realty Capital (SRC) in all stock transaction

    Realty Income Corp (O) will acquire Spirit Realty Capital (SRC) in all stock transaction

    Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (Spirit, NYSE: SRC), announced today that the two companies have entered into a definitive merger agreement by which Realty Income will acquire Spirit in an all-stock transaction valued at an enterprise value of approximately $9.3 billion. The leverage-neutral transaction is…

  • Arrow Financial (AROW) increases dividend by 3%, expands stock repurchase program

    Arrow Financial (AROW) increases dividend by 3%, expands stock repurchase program

     The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on October 25, 2023, declared a quarterly cash dividend of $0.27 per share payable December 15, 2023 to shareholders of record on December 1, 2023. This dividend marks the 42nd consecutive quarterly cash dividend declared by Arrow. With this dividend, Arrow will be resuming…

  • Exxon marks 41 consecutive years of dividend increases, raises payout 4.4%

    Exxon marks 41 consecutive years of dividend increases, raises payout 4.4%

    Exxon

  • Abbvie announces 4.7% dividend increase

    Abbvie announces 4.7% dividend increase

    AbbVie (NYSE:ABBV) announced financial results for the third quarter ended September 30, 2023. “We delivered another quarter of outstanding results driven by accelerating performance across our non-Humira growth platform, which is demonstrating double-digit growth,” said Richard A. Gonzalez, chairman and chief executive officer, AbbVie. “Based upon the strength and momentum of our business, we are once again…

  • MPLX LP (MPLX) announces 10% increase in dividend, marking 11 straight years of increases

    MPLX LP (MPLX) announces 10% increase in dividend, marking 11 straight years of increases

    The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the third quarter of 2023, or $3.40 on an annualized basis. This represents a 10% increase, or $0.075 increase per common unit, over the second quarter 2023 distribution. The distribution…