Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Seems Buffett, not Munger, first offered that quote. They both may have used it a few times over the years. I always look to see how stocks performed in the low tide years of 2008 and 2000.
I think I've been kicking tires for an REIT for 15 years. DLR certainly has performed well over the years. Yield is very small for a REIT that pays out almost all income.
LOL! Great quote
"When the Tide Goes Out, You Learn Who's Swimming Naked."
OK, never heard of ADES. RTX spinoff Carrier finally announced their initial div. CARR's yield is about 1.4% as I recall.
I've seen very very few div cuts in recent weeks, so I was surprised by WFC's announcement yesterday.
As Munger says, "When the Tide Goes Out, You Learn Who's Swimming Naked."
I need to replace ADES and GM. Current value near $150k.
I posted that MF piece only because it had detailed info on WFC's payout cut announcement yesterday. I have no bank stocks but WB sure likes them.
What stocks? "I need to replace some stuff that has eliminated their dividends."
So far..... only my small Boeing holding has eliminated or reduced its payout.
I HATE Wells Fargo, and I have about 5 accounts with them. They are one of the worst companies when it comes to customer service.
However, that article you posted says they have 10 great dividend stocks. Of course, as Motley Fool typically does, they give you the fish hook with no bait. Can't see any of them.
"What You Need to Know About Wells Fargo Slashing Its Dividend"
https://www.fool.com/investing/2020/06/30/wells-fargo-will-slash-its-dividend-in-q3-heres-wh.aspx
Anyone have any good value dividend stocks right now? I need to replace some stuff that has eliminated their dividends.
Three Steps to Protect Your Retirement from Coronavirus Market Swings
https://money.com/coronavirus-protect-retirement/?utm_source=facebook.com&utm_campaign=money_moneymagazine&utm_medium=social&fbclid=IwAR2CmOuZH9tEjC7A9H81llZGNFLtQhsLG33IGENaF11f_wp7pjilwKUFdnA
Couldn't get the numbers to post here, but I've owned this one in the past and total return sucks vs it's index.
https://finance.yahoo.com/quote/GYLD/performance?p=GYLD
This ETF Yields 10% and Cuts You a Check Every Month:
https://dailyinvestingadvice.com/this-etf-yields-10-and-cuts-you-a-check-each-month/
Goldman says buy dividend stocks amid diving yields
PUBLISHED AN HOUR AGOUPDATED AN HOUR AGO
Yun Li
@YUNLI626
KEY POINTS
“With the 10-year Treasury yield at just 1.5% and the Fed likely to cut two more times this year, investors should look for opportunities in dividend stocks,” says David Kostin, Goldman’s chief U.S. equity strategist.
The S&P 500 dividends rose by 9% in the first and second quarters this year, Goldman says.
AT&T, Kohl’s and data storage company Seagate Technology all sport a dividend yield of about 6%, Goldman notes.
https://www.cnbc.com/2019/08/19/goldman-says-buy-dividend-stocks-amid-diving-yields.html
Added more NGL ;ast week with a little help from the DIVY
NGL Energy Partners LP
July 23, 2019 5:52 PM EDT
NGL Energy Partners Announces Quarterly Cash Distribution
TULSA, Okla. --(BUSINESS WIRE)--Jul. 23, 2019-- NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended June 30, 2019 . This cash distribution is payable on August 14, 2019 to common unitholders of record at the close of business on August 7, 2019 .
Forward-Looking Statements
This press release includes “forward-looking statements.” All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. While NGL believes such forward-looking statements are reasonable, NGL cannot assure they will prove to be correct. The forward-looking statements involve risks and uncertainties that affect operations, financial performance, and other factors as discussed in filings with the Securities and Exchange Commission . Other factors that could impact any forward-looking statements are those risks described in NGL’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other public filings. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.” NGL undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. For further information, visit the Partnership’s website at www.nglenergypartners.com.
This release is a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of NGL Energy Partner LP’s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Therefore, distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190723005995/en/
Source: NGL Energy Partners LP
NGL Energy Partners LP
Trey Karlovich, 918.481.1119
Executive Vice President and Chief Financial Officer
Trey.Karlovich@nglep.com
or
Linda Bridges, 918.481.1119
Senior Vice President – Finance and Treasurer
Linda.Bridges@nglep.com
NGL Divy news should out this week .39 for sure Money in the Bank
ABR Arbor Realty Trust Reports First Quarter Results and Increases Quarterly Dividend to $0.28 per Share
8:21 am ET May 10, 2019 (Dow Jones) Print
Press Release: Arbor Realty Trust Reports First Quarter Results and Increases Quarterly Dividend to $0.28 per Share
Arbor Realty Trust Reports First Quarter Results and Increases Quarterly Dividend to $0.28 per Share
Company Highlights:
-- GAAP net income of $0.26 and AFFO of $0.33 per diluted common share1
-- Declares a cash dividend on common stock of $0.28 per share, a 4%
increase in our dividend from last quarter and 12% higher than a year ago
-- Issued $90.0 million of 5.75% senior unsecured notes due in 2024
Agency Business
-- Segment income of $13.1 million
-- Loan originations of $845.9 million
-- Servicing portfolio of $18.88 billion, up 2% from 4Q18 and 13% from a
year ago
Structured Business
-- Segment income of $15.0 million
-- Portfolio growth of 4% on $416.3 million of loan originations
UNIONDALE, N.Y., May 10, 2019 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced financial results for the first quarter ended March 31, 2019. Arbor reported
WMB Williams declares $0.38 dividend
Williams (NYSE:WMB) declares $0.38/share quarterly dividend, in line with previous.
Forward yield 5.63%
Payable June 24; for shareholders of record June 7; ex-div June 6.
See WMB Dividend Scorecard, Yield Chart, & Dividend Growth.
NGL Energy Partners Announces Quarterly Cash Distribution
TULSA, Okla.--(BUSINESS WIRE)--Apr. 24, 2019-- NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended March 31, 2019. This cash distribution is payable on May 15, 2019 to common unitholders of record at the close of business on May 7, 2019.
Additionally, the Board of Directors declared a distribution for the quarter ended March 31, 2019 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the Partnership Agreement. The Class A Preferred distribution will also be made on May 15, 2019.
http://www.nglenergypartners.com/investor-relations/press-releases/
Just got an offer to buy out my BPY between $19-21.
NGL Energy Partners LP Announces Third Quarter Fiscal 2019 Financial Results
6:35 am ET February 11, 2019 (BusinessWire) Print
NGL Energy Partners LP (NYSE:NGL) ("NGL," "our," "we," or the "Partnership") today reported net income for the quarter ended December31, 2018 of $110.5 million, compared to net income of $56.8 million for the quarter ended December31, 2017.
Highlights include:
-- Adjusted EBITDA for the third quarter of Fiscal 2019 was $132.6 million, compared to $122.6 million for the third quarter of Fiscal 2018; Fiscal 2019 year-to-date Adjusted EBITDA totals $308.3 million
-- Confirms Fiscal 2019 Adjusted EBITDA guidance of $450 million
-- Reduced indebtedness by $462.8 million since March 31, 2018 and significantly improved leverage
-- Redeemed all of our $367.0 million of outstanding 6.875% Senior Notes due 2021 in October 2018 and expects to redeem all outstanding 5.125% Senior Notes due 2019 in March 2019
-- Received approval from lenders to repurchase up to $150 million in common units
-- Growth capital expenditures and other investments totaled approximately $113.2 million during the third fiscal quarter and $303.6 million during the nine months ended December 31, 2018
-- Completed the sale of our Bakken saltwater disposal business for $91 million in gross cash proceeds on November 30, 2018
-- Entered into definitive agreements to sell our South Pecos water disposal assets for $238.8 million and to purchase DCP's natural gas liquids terminal business, both of which are expected to close by March 31, 2019
"We are pleased to announce another strong quarter of results with Adjusted EBITDA for the fiscal third quarter growing to $132.6 million. We are reaffirming our Adjusted EBITDA guidance of $450 million for this fiscal year. The steps we have taken over the past year to focus our business strategy and improve our balance sheet are clearly reflected in our financial results," stated Mike Krimbill, NGL's CEO. "Our compliance leverage is below our 3.25x target while our distribution coverage is improving and we expect will continue to do so. We now have the means and the authority to repurchase a significant amount of our own equity should the opportunity present itself, but we will remain prudent in our allocation of capital and management of our balance sheet. We are focused on delivering significant value to our unitholders now and in the foreseeable future."
CLX Clorox declares $0.96 dividend
Clorox (NYSE:CLX) declares $0.96/share quarterly dividend, in line with previous.
Forward yield 2.48%
Payable May 10; for shareholders of record April 24; ex-div April 23.
See CLX Dividend Scorecard, Yield Chart, & Dividend Growth
BIF-Brookfield Infrastructure Partners declares $0.5025 dividend
Feb. 6, 2019 6:49 AM ET|About: Brookfield In... (BIP)
Brookfield Infrastructure Partners (NYSE:BIP) declares $0.5025/share quarterly dividend, 6.9% increase from prior dividend of $0.47.
Forward yield 5.24%
Payable March 29; for shareholders of record Feb. 28; ex-div Feb. 27.
See BIP Dividend Scorecard, Yield Chart, & Dividend Growth.
Visit the ETF Screener and select the right ETFs for your
Press Release: NGL Energy Partners LP Announces Timing of Fiscal 2019 Third Quarter Earnings Release and Conference Call (Monday, February 11, 2019 at 10:00 am CST)
4:45 pm ET February 1, 2019 (Dow Jones) Print
NGL Energy Partners LP Announces Timing of Fiscal 2019 Third Quarter Earnings Release and Conference Call
TULSA, Okla.--(BUSINESS WIRE)--February 01, 2019--
NGL Energy Partners LP (NYSE:NGL) plans to issue its fiscal third quarter ended December 31, 2018 earnings press release pre-market open on Monday, February 11, 2019. Members of NGL's management team intend to host an earnings call following this release on Monday, February 11, 2019 at 10:00 am CST to discuss its financial results. Analysts, investors, and other interested parties may access the conference call by dialing (800) 291-4083 and providing access code 9478607. An archived audio replay of the call will be available for 7 days beginning at 10:00 am CST on February 12, 2019, which can be accessed by dialing (855) 859-2056 and providing access code 9478607.
An updated investor presentation will be posted on NGL's Investor Relations website at www.nglenergypartners.com/investor-relations/presentations after the filing of the Partnership's Quarterly Report on Form 10-Q.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. For further information, visit the Partnership's website at www.nglenergypartners.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190201005477/en/
CONTACT: Trey Karlovich (918) 481-1119
Executive Vice President, Chief Financial Officer
Trey.Karlovich@nglep.com
or
Once upon a time I made great money in propane stocks. However, I'm not convinced this is the time to get back in.
JMO, of course.
SPH-Suburban Propane Partners declares $0.60 dividend
Suburban Propane Partners (NYSE:SPH) declares $0.60/share quarterly dividend, in line with previous.
Forward yield 10.62%
Payable Feb. 12; for shareholders of record Feb. 5; ex-div Feb. 4.
See SPH Dividend Scorecard, Yield Chart, & Dividend Growth.
NGL Energy Partners Announces Quarterly Cash Distribution
6:30 am ET January 23, 2019 (BusinessWire) Print
NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended December 31, 2018. This cash distribution is payable on February 14, 2019 to common unitholders of record at the close of business on February 6, 2019.
Additionally, the Board of Directors declared a distribution for the quarter ended December 31, 2018 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the Partnership Agreement. The Class A Preferred distribution will also be made on February 14, 2019.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. For further information, visit the Partnership's website at www.nglenergypartners.com.
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index
Effective on January 24, 2019, NGL Energy Partners LP (NYSE: NGL) will replace ENLK as a constituent of the Index at ENLK's then-current weight.
There will be no changes to the remaining constituents of the Index due to this event.
https://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-a-constituent-change-to-the-cushing-mlp-market-cap-index-300778234.html
Dividend Safety Scores: simplysafedividends.com
https://simplysafedividends.com/
The Ultimate Dividend Playbook: Income, Insight and Independence for Today's Investor by Josh Peters
amazon.com
https://www.amazon.com/Ultimate-Dividend-Playbook-Independence-Investor/dp/0470125128/ref=pd_sim_b_1
Something jicky about it. I wouldn't trust the company. Not sure why yet.
TGLS Tecnoglass declares $0.14 dividend
Tecnoglass (NASDAQ:TGLS) declares $0.14/share quarterly dividend, in line with previous.
Forward yield 7.23%
Payable Feb. 28; for shareholders of record Jan. 31; ex-div Jan. 30.
See TGLS Dividend Scorecard, Yield Chart, & Dividend Growth.
https://seekingalpha.com/dividends/dividend-news
NGL-Analyst: Outlook Positive for 'Water-Driven Turnaround Story'
Research Report
Source: Streetwise Reports (1/4/19)
This master limited partnership's presentation to analysts provided Raymond James with multiple reasons for long-term investment.
In a Dec. 20, 2018, research note, Raymond James analyst Justin Jenkins reported that following NGL Energy Partners LP's (NGL:NYSE) Analyst Day, which focused primarily on the company's water solutions segment, "we came away from our trip with increased conviction in the long-term story" and "we continue to believe ample long-term value [in NGL] exists."
In general, Jenkins noted, water solutions will keep driving cash flow for the limited partnership (LP) and "is propelling its ongoing efforts to right-size its capital structure and generate discounted cash flow per unit growth (along with enhancements to its other businesses, with notable success in the crude oil segment)."
Further, to supplement these operational improvements, management garnered about $1.8 billion in cash from sales of assets during the past year or so. "With both coverage and leverage improving due to these trends, and an attractive current yield, we continue to like the total return value proposition of NGL," he added.
Jenkins highlighted these points from his time spent with the LP's management:
1. The geographic area with the most significant growth opportunity for NGL is the Permian Basin, as it produces more water than any other basin. Its water:oil ratio is 3:1 or 4:1 versus that of other basins, at about 1:1.
2. NGL has a first mover advantage. For example, with its recently acquired ranch properties, it intends to provide integrated services to its potential exploration and production customers.
3. The economics of disposal wells seem attractive, with an average returned EBITDA of 60–65%.
Jenkins left Analyst Day "incrementally more positive on the water services platform NGL has built" and believes the business should be viewed as any traditional mainstream business is.
He commented briefly on NGL's other segments as well. With respect to crude oil logistics, he noted volumes on the Grand Mesa pipeline continue to be robust and are likely ahead of forecasts. "If volumes remain resilient, even in the face of the recent decline in oil prices, there could be upside potential to financials related to Grand Mesa."
Concerning the liquid logistics segment, competition in the space seems to be easing, according to management. "While commodity volatility remains, we still believe FY19 guidance is achievable and that upside potential actually exists for this business in the near-to-intermediate term," Jenkins wrote.
As for refined products, dropping commodity prices are reducing the working capital requirements for the segment, in which the MLP continues with operational improvements.
Finally, in the capital allocation division, "buybacks are a large part of the conversation," indicated Jenkins, adding that, looking forward, NGL should see "incremental optionality for deploying capital."
Jenkins concluded that "as NGL's integrated water solutions platform exhibits consistent execution and growth, coupled with the addition of unit buybacks, we believe the limited partnership's equity can bounce off its depressed multiples." NGL stock, on which Raymond James has an Outperform rating, is currently trading at around $10.54 per share.
streetwisereports.com
BPT -BP Prudhoe Bay Royalty Trust declares $1.0029 dividend
BP Prudhoe Bay Royalty Trust (NYSE:BPT) declares $1.0029/share quarterly dividend, -27.3% decrease from prior dividend of $1.3801.
Forward yield 15.92%
Payable Jan. 22; for shareholders of record Jan. 16; ex-div Jan. 15.
See BPT Dividend Scorecard, Yield Chart, & Dividend Growth.