Not all stocks are going down. Dividend stocks are stealthily rising – some of them, anyway. Investors apparently want to own companies that send them cheques every three months or so. Stocks that might pay dividends are also doing relatively well. You wonder why more companies don’t.
Take Mainstreet Equity, (MEQ-T) a real estate concern out of Calgary that focuses on smaller rental properties. Buying back more stock isn’t really an option. CEO Bob Dhillon owns about 40 per cent of it and the float is already pretty thin. Mr. Dhillon doesn’t rule out a dividend, but he seems reluctant to go in that direction now (technically, it’s the board’s decision, but he’s chairman and major shareholder so he has veto power). He wants to acquire more properties when prices are low and financing is cheap. He says he can borrow five-year money for less than 3 per cent and prices are softening.
Source: Globe and Mail
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
These dividend stocks tick both boxes: a very high yield and a bullish outlook from the Street. This is pretty crucial as not all dividend s...
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
We routinely cover earnings reports at The REIT Forum. Staying on top of new developments is one of the reasons we are able to find such att...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.