Chasing the Yield
Investing for income through dividends and distributions
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Caterpillar (CAT) increases dividend by 8.3%, its 29th straight year
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by ten cents, an 8% increase, to one dollar and thirty cents ($1.30) per share of common stock, payable August 18, 2023, to shareholders of record at the close of business on July 20, 2023. “We continue to generate…
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Headwinds get stronger for Highwoods Properties (HIW)
With a focus on Sunbelt cities Highwoods Properties (HIW) has positioned itself as a relatively stable player in the market. As the economic outlook softens and remote work trends continue to shape the industry, Highwoods faces new hurdles that warrant careful consideration. While Highwoods Properties has maintained a solid foundation, the rise of remote and…
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Realty Income (O) increases dividend by 0.2%, it’s 121st annual increase
It ain’t nuttin… but it’s close to it. Regardless I’d rather see any increase than none at all. All kidding aside, Realty Income has a healthy 5% dividend yield so it’s still a quality dividend stock with a great track record. Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced its…
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MDU Resources Group (MDU) takes next step to become a pure-play regulated utility and pipeline company
MDU’s decision to spin off Knife River Corporation as an independent entity demonstrates the company’s commitment to streamlining its operations. Previously, Knife River accounted for approximately 30% of MDU’s earnings, while the remaining business was divided between construction services (48% of profits), a regulated utility (39%), and pipelines (13%). The separation of Knife River allows…
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KKR Real Estate Finance Trust (KREF) dividend at risk
KKR Real Estate Finance Trust (KREF), a commercial mortgage REIT, is encountering difficulties due to its office loan exposures. Recent financial filings have raised concerns about dividend safety and future performance. KREF owns a diverse portfolio of $8 billion in loans secured by multifamily, office, industrial, life science, and hospitality properties. It employs a mix…
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Arrow Financial (AROW) risks NASDAQ delisting
Arrow Financial, a regional bank in New York, faces the risk of being delisted from the NASDAQ stock exchange after failing to file its 2022 annual report and its first quarterly report with the SEC on time. The bank was to submit a plan to NASDAQ by June 2, 2023 to show how it will…