Investing for income through dividends and distributions
Prudential (PRU) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items.https://products.gobankingrates.com/r/d9360ea31bf06ea8b9d0ef49288e28fb?subid= This quarterly report represents an earnings surprise of 24.67%. A quarter ago, it was expected that this…
ONEOK (NYSE:OKE) reported quarterly earnings of $0.77 per share which beat the analyst consensus estimate of $0.75 by 2.67 percent. This is a 140.63 percent increase over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $3.39 billion which beat the analyst consensus estimate of $2.98 billion…
Black Hills reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.35 by 14.29 percent. This is a 21.21 percent increase over earnings of $0.33 per share from the same period last year. Black Hills Corp Earnings Rise In Q2 | Markets Insider (businessinsider.com)
High Yield Portfolio takes a big hit and I attempt to rebalance that portfolio to maintain a high dividend with less risk.
I made all my moves and hopefully I have things better balanced with less risk for my High Yield Portfolio. The yield is still high but at more moderate at about 8% versus the 12% in the prior mix. The safety of the dividends and distributions are much safer although still at a higher risk…
I almost pulled the trigger on selling off my holdings in Hoegh LNG Partners until my cooler head prevailed. Let’s hope I made the right decision. After the announcement of their 98% dividend cut investors were dumping their shares and the stock price opened today at $7.05 down from $17.87 at the close yesterday. That’s…