Dividend Plays (DPLAY)

[Alydyr]

BNY Mellon Increases Quarterly Common Stock Dividend by 15 Percent

http://www.cnbc.com/id/100628472

I own a ton of this BK and two other banks. This market is unbelievable. Essentially I'm picking up cash off of the floor right now. I'm sure you are too!

Will eventually slow down, but I'm enjoying the ride with only one short position (short the long bond).

[Alydyr]

Sold CVS at $55.35, my basis was $44.60 from last February 2012

Bidding to buy back at $55.32 now. Goal here is to book the LT capital gains, increase the basis, buy back before the X-dividend date and manage the quarterly estimates to the IRS and State.

Next estimate is due 4/15/2013.

Did the same today for a few trusts I manage.

Good luck!

[timhyma]

You have a VP of a bank running the trust, that has less than 2% of insiders having interest in the coampny.

They claim to have a book value of $58, but vary little cash.

No website, no employee head count (according to Yahoo)

Then- some fuzzy math:

On March 19, 2013, Company disposed of 1,288,456 ECT Common Units as a result of its offer to exchange up to 3,197,385 outstanding depositary units of Eastern American Natural Gas Trust for up to 4,120,059 outstanding ECT Common Units (the "Offer") upon the terms and conditions set forth in the prospectus (the "Prospectus"), dated and filed with the Securities and Exchange Commission (the "SEC") on February 13, 2013 (File No. 333-185397), and the accompanying letter of transmittal included as an exhibit to the Tender Offer Statement on Schedule TO filed by the Company with the SEC on February 13, 2013 (File No. 005-81162), as amended. The Offer expired on March 13, 2013 and settled on March 19, 2013.

Way to complicated for me- I'll pass

[dav1234]

ECT 10.35 p/m..way oversold.imo, in higher and adding

[dav1234]

ECT off a bunch..any thoughts?

[timhyma]

VLY- Revenue growth up 26%, Earnings up 55%, trading 1.3x book. Solid cash flow, so I believe the divy is safe- and to make 6% on anything nowadays is good, imo <bg>.

They also did a forward split last year- showing they are shareholder friendly, imo.

I think it goes back to the 52-week of $12.60ish in this market

[Alydyr]

VLY - 6.2% yield but down 15% over the last year. What do you see with this one?

I don't know much about this one.

[timhyma]

I took a bite of VLY also- pretty happy with the momentum thus far on the portfolios

[Alydyr]

WFC now up over 8% in just the last month. Investment banks raising targets. CSX over $24, so that is now in-play too for the technical gang.

I'm loaded up on three banks. WFC is one of them. This market is amazing right now.

http://www.cnbc.com/id/100557442

[timhyma]

9:02AM Mondelez Int'l authorized the repurchase of up to the lesser of 40 mln shares or $1.2 bln of Mondelez International's Class A Common Stock (MDLZ) 28.21 : Co announced that its Board of Directors has authorized the repurchase of up to the lesser of 40 million shares or $1.2 billion of Mondelez International's Class A Common Stock. The primary purpose of the program will be to offset dilution from the company's equity compensation plans.

[timhyma]

I bought a little VLY this morning at $10.49- goes ex-divy tomorrow

[dav1234]

CVRR in 32.25..huge divi % on tap

Distributions and Guidance

On Jan. 23, 2013, CVR Refining closed its initial public offering and sold an aggregate 27.6 million common units (including the underwriters' subsequently exercised option to purchase additional common units), or 18.7 percent of the limited partnership interests, to the public at $25 per common unit. Distributions are expected to be made within 60 days after the end of each quarter beginning with the quarter ending March 31, 2013, to unitholders of record on the applicable record date. The first quarter distribution will be adjusted to exclude the period from Jan. 1, 2013, through Jan. 22, 2013.

In its prospectus dated Jan. 16, 2013, the company forecasted that the first quarter distribution would be $1.21 per common unit on a full quarter basis. Based on higher crack spreads than forecast in the prospectus, CVR Refining is expanding full quarter guidance to $1.30 to $1.55 per common unit. Adjusted for the period of Jan. 23 through the end of the quarter, the updated guidance for distributions to unitholders is $1.10 to $1.35 per common unit.

The company is also raising its previous distribution guidance for the 2013 full year of $4.72 per common unit, as reported in its prospectus, to $5.50 to $6.50 per common unit. An adjustment will be made to exclude the period of Jan. 1, 2013, through Jan. 22, 2013, as noted above.

"The increase in our guidance for the first quarter and 2013 full year is driven by continuing strong crack spreads and continued strength in crude differentials," Lipinski said. "We expect 2013 to be a rewarding year for the company and its unitholders

[timhyma]

O- Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O), announced that in addition to the already upsized 15,000,000 share common stock offering that closed today, an additional 2,250,000 shares were purchased by the underwriters upon the exercise of their over-allotment option. With the full exercise of the over-allotment option, the total shares sold in the offering was 17,250,000 shares, and the total net proceeds from the offering, after underwriting discounts and offering expenses payable by the Company, is approximately $756 million.

[dav1234]

edit AT divi .40/yr..7.2% @ 5.46

[dav1234]

AT..beaten up on big divi reduction.attractive here..imo..9%divi..monthly

[dav1234]

SDT..SDR..PER recovering nicely

[timhyma]

Sold UVE at 4.49 this morning for a 45% gain from the July 2012 buy- This one hasn't moved much, and with the change of command, I'm a bit worried the stock will drop. The divy comes out next week, so will probably see a small drop in price following.

Banking a 35% gain plus a couple dividend payements in 6 months is always a good thing

[timhyma]

Wells Fargo: Doubling An Already Juicy Dividend
http://seekingalpha.com/article/1250271-wells-fargo-doubling-an-already-juicy-dividend?source=yahoo

[timhyma]

CSX- I'm holding the 10% gain so far. Very happy with the performance, and glad I waited for the "right" entry <vbg>.

[timhyma]

1:11AM Realty Income prices upsized 15.0 mln share common stock offering at $45.90 per share to fund property acquisitions (O) 46.62 : The offering was upsized from the original amt of 10 mln shares

[Alydyr]

Averaged up from my CSX base of $22.28. Just purchased another block at $23.63.

Wire services are reporting the new one year high today, this is closing in on an all time high and insiders have been buying.

Enough of a basis for me to buy more today.

[dav1234]

SDR,SDT,PER oversold imo

[Alydyr]

Your CSX is up against that $23 resistance again. Has to finally get thru that.

IMHO, this will be trading at all time highs ($28 or so) within the next twelve months.

If this makes it thru and sustains $23.50, I'll probably look to average up.

[timhyma]

SLCA- I flipped this one a few times, and put some shares into a long term account at $18.50. I didn't get the dividend announcement I was looking for, but the stock set new 52-week highs after the earnings release.

This is from seeking alpha-

Ben Swanley - Morgan Stanley
I was hoping you could discuss for me a little bit more about what you plan to do with all of this free cash flow you’re about to generate.

Don Merril

I guess the way we think about it is that both the management team and the board is always looking then at best use of cash and our focus is to try and generate the highest total return for our shareholders, as you might imagine.

We have a number of great options. We can reinvest in our business. We have a lot of growth projects that have extremely high returns.

We continue to look at some highly accretive M&A alternatives. As you are probably aware, as many folks on the call today, there are many assets that are for sale right now in the sand business and so that’s one potential but there’s others there as well from an M&A front.

We’ve done share repurchases in the past and, of course, dividends. So at the end of the day we have to evaluate all of that in terms of our business strategy and what we can do to best grow the company.

Right now we do see a lot of M&A opportunities and we tend to look there, as I said. We’ve been talking a lot to investors and we know there’s interest in dividends. And so we haven’t made any firm decision at this time around some of the different avenues here but we’re exploring all of them and keeping them open and at the end we want to focus on what we can do to bring the highest total return to our shareholders.

[bar1080]

Re: O. Naturally, the first thing I checked was the auditor, KPMG. Audit certification is clean. It pays a realistic div... about 5%. It sure owns a lot of real estate. It's an REIT, not an mREIT.

I trust you haven't traded in and out of it 5 times. LT chart looks great.

And best of all... IHUBbers aren't doing cartwheels over it.

I'm kinda looking for a quality REIT. Thanks.

[timhyma]

lol- I bought it in August under $42

[dav1234]

depends..i have traded (and held substantial freebies) AINV,RSO,CRR,TWO,RAS for years and collected (and continue to collect) a bucketload of divi's.

[bar1080]

Tim, I've never heard of it but offhand I like the fact that there's zero activity on the IHUB O board. I consider popularity on IHUB to be an extremely reliable contrarian indicator. LOL!

[bar1080]

I think plain Jane SPY is usually about the best. Div is about 3% but overall it's beaten almost all the gimmick high yield junk.

I almost bought ARR. Held off and saved myself a lot of money. It's just a crap shoot on interest rates. That's all it is. Over many decades mREIT's haven't done well. And I hate monthly div stocks which are gimmicks for retirees.

I only invest for the long term.

[timhyma]

What's your thought on O?

[dav1234]

yup,it was just a trade thankfully..any MLP's u like?

[bar1080]

I saved you money from Alpine Fund junk. What bowsers those funds are!

[dav1234]

agree, i own a small amount

[bar1080]

Tell us what you know about Mortgage REITs which are extremely complicated investments? Historically they haven't done well. ARR's having a rough time now. Div cut. Several went kaput a few years ago.

[chloebware]

ARR worth a look!

[Alydyr]

Long ADM at $31.95. Animals looked hungry went I left Georgia at those area farms.

[dav1234]

WHZ..buying here low-mid 14's..solid divi,imo

[timhyma]

Still holding- 5% yield is nice.

[dav1234]

EDPFY..http://online.barrons.com/article/SB50001424052748704372504578284082457262060.html?mod=obnetwork#articleTabs_article%3D1

[jeffn]

seems AMNF is treating you nicely, if you are still holding it.

[timhyma]

SYY set a new 52-week high

[timhyma]

Another 52-week high for O at $45 <vbg>

[timhyma]

IRS- six month report:

HIGHLIGHTS

Net income for the first six months of 2013 was ARS 245.9 million increasing 209.7% compared to the same period of last year.
For the first six months of 2013, IRSA's revenues increased by 19.0% to ARS 1,086.0 million, and EBITDA grew 45.4% to ARS 666.0 million.
Revenues and EBITDA from the Shopping Centers segment grew 20.4% and 16.8%, respectively, in the first semester of fiscal year 2013 as compared to 2012. The portfolio occupancy stood at 98.8%.
The offices segment shows 96.5% occupancy in our portfolio.
In November 2012, the transaction whereby IRSA increased to 74.50% its interest in Rigby 183 LLC, owner of the Madison 183 building in Manhattan, was completed.

[Alydyr]

Averaged up WFC at $35.06.

I need to back off the financials now, I have a good bit on BK, WFC & a smaller position in USB.

Good luck!

[Alydyr]

Long WMT $69.57. Sold last November at $68.20 and had hoped to buy back at a lower price.

Today's collapse was enough for me to re-enter.

[timhyma]

Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol: AMNF) today reported record sales and profits for the fourth quarter and for the year ended December 31, 2012.

Net sales in the fourth quarter were $7,089,753, reflecting an increase of 19% from the $5,981,843 posted in 2011’s fourth quarter. Pre-tax profit from continuing operations for the same period in 2012 was $908,676 compared to 2011’s fourth quarter profit of $644,063, an increase of 41%. Net income for the fourth quarter of 2012 reached $657,260 comparing favorably to 2011’s fourth quarter net income of $487,434, an increase of 35%. Earnings per share for the fourth quarter of 2012 were $0.020 compared to $0.015 in 2011, an increase of 33%. All fourth quarter 2012 results described above are records.

For the twelve months ended December 31, 2012 sales were $27,960,113 up 13% from the $24,834,623 reported in calendar year 2011. Income from continuing operations before taxes rose 21%, from $3,743,460 a year ago to $4,544,584 in 2012. Net income for the year ended December 31, 2011 amounted to $2,391,566 compared to $2,888,663 in 2012, an increase of 21%. Basic income per common share for 2012 amounted to $0.090 versus $0.071 in 2011, an increase of 27%. All annual 2012 numbers reported above are new records for the fourth year in a row.

Edmond J. Pera, President and CEO stated, “We are extremely gratified with our results this year as all sales and earnings for the 2012 quarters exceeded the comparable periods a year ago.”

Pera continued, “The severe drought in most of the United States during 2012 has resulted in higher costs for many of our raw material ingredients. These conditions caused us to institute a price increase on some of our core products effective in January 2013, the first in almost two years. We believe that our ability to hold prices down during this time period allowed us to continue to gain market share. We do not believe that our current price increase will materially affect sales, but will allow us to maintain our margins.”

Pera concluded, “The company recently initiated an upgrade to its manufacturing facility with new equipment that will allow us to add new product offerings to our portfolio. We expect the equipment to be up and running sometime in the second half of 2013. We are cautiously optimistic that the new manufacturing capabilities will lead to new sales opportunities.”

Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto and Alfredo sauce. Armanino’s Organic line includes classic Basil Pesto. Frozen pastas and meatballs are also offered by Armanino Foods.
http://finance.yahoo.com/news/armanino-foods-distinction-inc-announces-160000725.html

[Alydyr]

I've only owned UPS for two weeks, up over $4/share and announced a divvy increase and a stock buyback.

Naturally, this is a large play for Berkshire. Why stray from the people who trade for the Oracle of Omaha? Certainly not I.

http://www.cnbc.com/id/100462215

[Alydyr]

Thanks, I had not seen that update.

I have or had most of those listed. LEE is a publisher in Omaha, so I've stayed away from that.

I've held DVA since last April when that was trading at $89.

I didn't know about the Heinz deal, I wish I did.

[timhyma]

Speaking of Warren- he increased his stake in MDLZ
http://finance.yahoo.com/news/buffetts-firm-discloses-stakes-adm-232943877.html

[Alydyr]

Long GM $27.87. No dividend (yet) and probably not for awhile.

Government still owns about 20% of GM, but things have improved over the last three years.

Stock hammered today, so I saw an opportunity to fill in a portfolio hole and to move cash from the sidelines.

Long term hold is my intent here.

Berkshire added to their existing shares during the 3rd Qtr of 2012.

Good luck.