Chasing the Yield
Investing for income through dividends and distributions
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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…
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Talk of Amazon (AMZN) mobile service scares wireless telecom investors
Amazon.com may be planning to offer mobile phone service to its Prime subscribers. The Wall Street Journal reported Amazon has been in talks with wireless carriers about providing low-cost or free mobile service as a perk for its loyal customers. This news sent shockwaves through the telecom industry. Shares of AT&T (T), Verizon (VZ) and…
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Albemarle (ALB) becomes world’s largest lithium producer
Lithium is a key ingredient for making batteries that power electric vehicles, smartphones and other devices. As the demand for these products grows, so does the need for lithium. But where does lithium come from and who controls its supply? One company that has a big stake in the lithium market is Albemarle, a Charlotte,…