Dave's Dividends Payers

[Scotttrader80]

ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the April 2023 cash dividend for the Company's Common Stock of $0.08 per Common share.
April 2023 Common Stock Dividend Information

Month Dividend Holder of Record Date Payment Date
April 2023 $0.08 April 17, 2023 April 27, 2023

[Scotttrader80]

$ZIM,

According to their past dividends, its current X date is upon us for the March 2023 dividend

Past Dividends
Ex-dividend date Amount Record date Pay date
November 28, 2022 $2.95 November 29, 2022 December 7, 2022
August 26, 2022 $4.75 August 29, 2022 September 8, 2022
May 27, 2022 $2.85 May 31, 2022 June 8, 2022
March 22, 2022 $17.00 March 23, 2022 April 4, 2022

[blackcat]

Well- Spring qtr. Starts in Apr.

This has been a really nice stock of late. Been worth the premium to me.

[Scotttrader80]

$ECC

The Company is pleased to declare a monthly regular distribution of $0.14 per share on its common stock, payable on each of April 28, 2023, May 31, 2023 and June 30, 2023 to stockholders of record as of April 10, 2023, May 11, 2023 and June 12, 2023, respectively. Additionally, the Company is pleased to announce the declaration of a monthly variable supplemental distribution of $0.02 per share, payable on each of April 28, 2023, May 31, 2023 and June 30, 2023 to stockholders of record as of April 10, 2023, May 11, 2023 and June 12, 2023, respectively.

.16 cents per share this quarter

[Scotttrader80]

10 Monthly Dividend Stocks with Over 5% Yield

https://finance.yahoo.com/news/10-monthly-dividend-stocks-over-114203329.html

[OldJames]

Appreciate that

[blackcat]

For stability, you might look at PDI. They haven't changed their divi in years.

https://finance.yahoo.com/quote/PDI/history?period1=1516579200&period2=1674345600&interval=capitalGain%7Cdiv%7Csplit&filter=div&frequency=1d&includeAdjustedClose=true

[OldJames]

Thanks for the reply. Overall it sounds like you’re happy with them? I noticed that they cut the dividend quite drastically in 2020 but it seems to have bounced back. Them and Ellington financial seem to be the best two of the three I mentioned. I’m also curious how these will fair if/when we do see a recession. Looking for more stability these days.

[blackcat]

ECC is my mid-range divi stock. In 3/2020, when the recession hit, they reduced the divi from .20 to .08. fairly radical, but I decided to hold and add because I thought mgmt was reasonably bright. 7/21 they raised it to .10, 10/21 raised to .12, 12/21 they delivered the first of the special dividend which was .50, making up some lost ground. As you noted there have been several since- one which will be paid this coming week.4/22 the divi was raised to ,14. All things considered, I think they've given back the lost dividends about as quickly as they could.

[OldJames]

Hey all, looking for others thoughts/input between $EFC, $OXLC & $ECC for a long term buy and hold.
I’ve owned some $EFC for a while and just keep reinvesting dividends. I like the management and the predictability of the share price and dividend.
$OXLC seems to be an up and comer and the share price is low but the recent fine they paid instead of dispersing profits to shareholders makes me think they don’t have long term shareholders best interests at heart.
$ECC has a decent amount of AUM and kicks out special dividends to shareholders and the dividend seems attractive enough.

Appreciate any input. Thanks

[GO4AWILDRIDE]

bcat

The judge only allowing the DA until 12/19/2022 to file an appeal.

The judges original ruling was to deny the DA from interfering with the companies board of directors decision to despense the DIVI.

Monday we will see if the appeal will be denied in its entirety.

EDIT: did not see the latest notice which I now post.

Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the State of Washington Supreme Court has continued the temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”) while the Washington Supreme Court considers if it will hear the state’s appeal. The TRO will remain in effect until there is a further order issued by the Court.

Albertsons Cos. has filed a motion to expedite the Washington Supreme Court’s review.
The underlined point is most important, the Washington Supreme Court CONSIDERS IF IT WILL HEAR THE STATES APPEAL.

GO4AWILDRIDE

[blackcat]

It isn't going to work that way. You'll likely get your divi sooner or later, but not right away.

Washington state court blocks Albertsons special dividend

By Mike Scarcella

(Reuters) - Washington's state supreme court on Friday blocked Albertsons Companies Inc from paying a special dividend ahead of its acquisition by Kroger Co, a court order showed.

The court extended a block put in place by a lower court, and said the block would remain in place until a further order of the court.

[Scotttrader80]

ZIM do your DD

[blackcat]

Nice one to end the year with.

PIMCO Dynamic Income Fund (NYSE:PDI) declares $0.65/share special dividend.
Payable Dec. 22; for shareholders of record Dec. 15; ex-div Dec. 14.

[Scotttrader80]

I have, have you noticed I swing trade ORC, have been for YEARS!!!

[GO4AWILDRIDE]

blackcat

Thanks for the heads up, dipped my toes in for 4K shares.

Like the advance notice of the upcoming DIVI's thru March of 2023 as well as the special $0.50 DIVI.

GLTU


GO4AWILDRIDE

[blackcat]

This would be a good way to start out the year. Think I posted it earlier, but can't spot the post.

Eagle Point Credit (NYSE:ECC) declares $0.50/share special dividend.
Payable Jan. 24; for shareholders of record Dec. 23; ex-div Dec. 22.

[GO4AWILDRIDE]

Scottrader80

Have you noticed that the DIVI has been shrinking?

Was .325 then .275 then .225 and now .16.

That trend is not a good sign for future DIVI payouts.

EDIT: IT ALSO HAD A 1-5 REVERSE SPLIT ON 8/31/2022

GLTU


GO4AWILDRIDE

[Scotttrader80]

ORC Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of November 2022. The dividend of $0.16 per share will be paid December 28, 2022 to holders of record of the Company’s common stock on November 30, 2022, with an ex-dividend date of November 29, 2022.

.16 cents Monthly

[Scotttrader80]

10 Best Shipping and Container Stocks to Buy Now

https://finance.yahoo.com/news/10-best-shipping-container-stocks-120044555.html

[Scotttrader80]

10 Stocks That Pay Dividends Monthly

https://finance.yahoo.com/news/10-stocks-pay-dividends-monthly-152244003.html

[GO4AWILDRIDE]

blackcat

I will have already received $6.85 per share of the SPECIAL DIVI way before the Senate will have time to react to this merger.
Albertsons has already hired top of the line antitrust legal teams.
So a fight may ensue to allow this to be completed.

White & Case LLP and Debevoise & Plimpton LLP are serving as antitrust legal counsel to Albertsons Cos.

GO4AWILDRIDE

[blackcat]

Just keep in the back of your mind that this merger *may* not go through.

Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter.

https://www.msn.com/en-us/money/companies/serious-concerns-these-senators-are-pushing-back-on-the-25-billion-kroger-albertsons-merger/ar-AA138Q9Q

[GO4AWILDRIDE]

blackcat

I have uncovered more info on this SPECIAL DIVI.

KROGER is paying $34.10 to buy out ACI, the SPECIAL DIVI will drop the purchase price by the $6.85.

ACI will create a spinoff co called SPINCO which the share holders of ACI will receive shares of.

This appears to be a WIN WIN WIN: SPECIAL DIVI, CASH AND SHARES IN A SPINOFF CO CALLED SPINCO

See this link: https://ir.kroger.com/CorporateProfile/press-releases/press-release/2022/Kroger-and-Albertsons-Companies-Announce-Definitive-Merger-Agreement/default.aspx


GO4AWILDRIDE

[blackcat]

Actually 22nd.


When does settlement occur?

For most stock trades, settlement occurs two business days after the day the order executes, or T+2 (trade date plus two days). For example, if you were to execute an order on Monday, it would typically settle on Wednesday. For some products, such as mutual funds, settlement occurs on a different timeline.

[Scotttrader80]

The Special Dividend is payable on November 7, 2022, to stockholders of record as of the close of business on October 24, 2022.

with the record date, you gotta own it by October 21st x date (3 day settlemnt rule)

Lots of companies doing special divies never give a clear X date, like they want people to mess up

[blackcat]

There's concern over the whether the merger will complete. Personally, I don't think it will, but WTHDIK?
Yes, I expect the stock to tank and, much as I like Special dividends, this isn't one I'll be playing.

U.S. senators inspecting antitrust issues are set to hold a hearing on grocery chain Kroger Co's (NYSE: KR) plan to acquire rival Albertsons Companies Inc (NYSE: ACI) in a $25 billion deal.

Chair of the Senate Judiciary Committee antitrust panel, Democratic Senator Amy Klobuchar, and Republican Senator Mike Lee expressed serious concerns about the merger, Reuters reported.

"As food prices remain elevated, too many American families are struggling to put food on the table," the report noted that both senators wrote to Federal Trade Commission Chair Lina Khan.

"This merger raises considerable antitrust concerns."

The merger will bring under one roof nearly 5,000 stores.

The companies intend to divest some stores, with Albertsons ready to spin off a separate unit to ease antitrust concerns.

[GO4AWILDRIDE]

blackcat

So why has the PPS not risen to match the $6.85 SPECIAL DIVI in your opinion?

I was talking to TDAMERITRADE and they guided me to YAHOO FINANCE to find the article you posted.

Thank you for your quick response.

Next question: Will the PPS tank on the 10/21 to match this SPECIAL DIVI?

GO4AWILDRIDE

[blackcat]

BOISE, Idaho, October 14, 2022--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today announced its Board of Directors has declared a special cash dividend of $6.85 per share of Class A common stock (the "Special Dividend"). The Special Dividend is payable on November 7, 2022, to stockholders of record as of the close of business on October 24, 2022. The Special Dividend has been declared in connection with the Company entering into an Agreement and Plan of Merger, dated October 13, 2022 by and among the Company, The Kroger Co. and Kettle Merger Sub, Inc. (the "Merger Agreement"). Details regarding the Merger Agreement and the transactions contemplated by the Merger Agreement can be found in the combined press release issued by the Company and The Kroger Co. on October 14, 2022.

[GO4AWILDRIDE]

Anyone see the following for ACI

What do you know about the $6.85 DIVI with a 10/21 EX-DATE?

It has a 11/7 PAY DATE.

Found this on my TDAMERITRADE account.

GO4AWILDRIDE

[Scotttrader80]

regardless, they're paying .16 cents as the announcement says

[GO4AWILDRIDE]

Scottrader80

YES but this is after a 1-5 reverse stock split.

The DIVI was $0.045 per share which should have gone to $0.225 but it fell to $0.16 which is a 40% drop.

GO4AWILDRIDE

[Scotttrader80]

ORC Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of September 2022. The dividend of $0.16 per share will be paid October 27, 2022 to holders of record of the Company’s common stock on September 30, 2022, with an ex-dividend date of September 29, 2022. The Company plans on announcing its next common stock dividend on October 12, 2022.

[hotdawg]

I missed that one.

[The_Free_Nebula]

UAN ex-divvy date 11 Aug - paid off that $10.5 divvy on 22 Aug and the price has fully recovered by 25 Aug. Not a bad deal at all

[hotdawg]

I got it in a little late will try to get the next one out sooner.

[Scotttrader80]

meaning anyone has to BUY in by before the close of business TODAY to qualify for that handsome divy.

Thanks, Dawg

[hotdawg]

SBLK giving out 1.65 for ex date 08/24

[Scotttrader80]

ECC Declared a special distribution to common stockholders of $0.25 per share to be paid on October 31, 2022 to stockholders of record as of October 11, 2022.

[hotdawg]

There is 1 share for sale at 700.00 last was 525.00. no interest in this ticker.

[Scotttrader80]

PLWN Pinelawn cemetaries is paying a quarterly dividend of over $19.00 a share yet they arent trading any volume today, hmmmm

[hotdawg]

Picked up a few this morning we will see what happens.

[hotdawg]

CIX looks good for the divi but what about the sudden rise in price

[Scotttrader80]

CRF 2022/2023 dividend guidance

https://ih.advfn.com/stock-market/AMEX/cornerstone-total-return-CRF/stock-news/88829678/cornerstone-funds-announce-continuing-monthly-dist

[Scotttrader80]

CIX Special Dividend paying $1.75

https://finance.yahoo.com/news/compx-announces-special-dividend-1-201500309.html

[The_Free_Nebula]

I snagged a few. Chart looks good. Market inching back up. May take a hit on Ex date but I think it may bounce back quickly next week

[Scotttrader80]

thanks for the heads up, $10.00 is a nice divy

[The_Free_Nebula]

UAN - pays $10.05 divvy this Qtr. Ex 0 Date 11 Aug 22 - Payout 22 Aug 22

[The_Free_Nebula]

folks must have liked what they heard this morning.

[Scotttrader80]

EGLE https://finance.yahoo.com/news/eagle-bulk-shipping-inc-reports-212400857.html

dividend is $2.20 this Q