Tag: financials
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Bank stocks are getting clobbered
Shares of financial firms in the S&P 500 were down 3% in recent trading, worse than any other sector of the broad benchmark. Morgan Stanley, State Street and Fifth Third Bancorp were among the biggest losers, all shedding more than 4%. The same played out in Europe, with banking stocks in the Stoxx Europe 600…
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Sometimes we sweat in winter
Chevron more profitable, Bank of America sees 7 interest rate hikes, Caterpillar has supply chain issues, and much much more!
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Company Focus – Capital Southwest (CSWC)
Specs Capital Southwest Corp Share Price – $24.88 Financials / Asset Management & Custody Banks $576 million P/E 9.62 Dividend Yield – 7.62% Dividend Streak – 5 yrs Current as of January 20, 2022 Company Profile Capital Southwest Corporation (CSWC) is an internally managed investment company, which is engaged in providing customized financing to middle…
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Company Focus – KKR Real Estate (KREF)
Specs KKR Real Estate Finance Trust Share Price – 21.95 Financials / Mortgage REIT Market Cap – $1.34 billion P/E – 10.3 Dividend Yield – 7.84% Dividend Streak – 3 Yrs Current as of January 20, 2022 Company Profile KKR Real Estate Finance Trust Inc. is a real estate finance company. The Company focuses primarily…
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Teekay LNG (TGP) merger closed. Reinvested funds in KKR Real Estate (KREF) & Capital Southwest (CSWC)
On January 13th Teekay LNG completed their merger with Stonpeak and paid out $17.00 per common unit to shareholders. Teekay Corporation announces the closing of the previously announced merger of Teekay LNG Partners L.P. with investment vehicles managed by Stonepeak. As part of the Merger, Teekay sold all of its ownership interest in Teekay LNG,…
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2021 Yields in Review – Redux
Like an idiot I thought the market would be closed on Friday, January 31, 2022 so I did my wrap up last week. Well, here we go again!