Recent Tweets

Recent Tweets

Is VEREIT’s Dividend Safe?

VEREIT (VER) offers a high dividend yield near 6.5%, making the REIT potentially attractive for many income investors. However, with VEREIT's dividend frozen since 2015 and its adjusted funds from operations (AFFO) per share expected to decline for a fifth straight year in 2019, how safe is VEREIT's dividend? Let's take a closer look at the business and its long-term dividend safety profile.

March 29th, 2019|

Is Tanger’s Dividend Safe?

Tanger Factory Outlet Centers' (SKT) dividend yield has soared from 4% in early 2017 to 7% today. Despite the REIT's track record of increasing its dividend each year since becoming a public company in May 1993, some income investors are worried about the payout's safety. Let's take a closer look at Tanger's recent struggles and assess how safe the retail REIT's dividend appears to be going forward.

March 22nd, 2019|

BT’s Dividend Safety in Light of New CEO, Turnaround Struggles

BT Group (BT), the largest provider of broadband and mobile services in Britain, sports a 6% dividend yield. Given the generally stable nature of many telecom stocks, BT may appear to be an attractive holding for a retirement portfolio. However, with the company's turnaround efforts struggling, a new CEO taking the helm, and a need to increase investments in its network, is BT's dividend safe? Let's take a closer look at the firm's unusually high dividend yield.

March 22nd, 2019|

Public Storage: Uninterrupted Dividends Since 1981

Public Storage (PSA) was founded in 1972 and is America’s largest self-storage REIT, owning over 2,400 storage rental properties in 38 states and seven European countries. The company also owns a 42% stake in PS Business Parks (PSB), which leases out commercial space to small and mid-size businesses, and 35% of Shurgard Europe, which owns Public Storage's European properties. Approximately 81% of the REIT's properties are in the U.S. and account for the majority of its cash flow. Here is Public Storage's breakdown of revenue and net operating income (NOI) for 2018:

March 22nd, 2019|

Crown Castle: A Quality Wireless Infrastructure REIT

Founded in 1994, Crown Castle International (CCI) began operating as a real estate investment trust (REIT) in 2014 for tax purposes and is the largest provider of shared wireless infrastructure in the country. Crown Castle owns and leases more than 40,000 towers and 65,000 miles of fiber supporting small cell networks across every major U.S. market. The company also has a small cell platform with 65,000 small cell nodes on air or under deployment.

March 22nd, 2019|

Reviewing Enbridge’s Dividend Safety After Major Project Delay

After a busy 2018 in which Enbridge (ENB) rolled up its MLPs to simplify its corporate structure, management delivered some bad news on March 1, 2019, announcing a one-year delay on the firm's $6.8 billion Line 3 Replacement Project. Shares fell as much as 6% the next trading day, causing some income investors to wonder what this means for Enbridge's dividend safety and long-term outlook. Let's take a look at how bad this news really is and what it could mean for Enbridge's dividend.

March 22nd, 2019|

Antero Midstream Completes Simplification Transaction

In October 2018 Antero Midstream GP LP (AMGP) and Antero Midstream Partners LP (AM) announced plans for AMGP to acquire AM in a stock and cash deal. In connection with this transaction, AMGP converted into a corporation, was renamed Antero Midstream Corporation, and began trading under the ticker symbol AM on March 13, 2019. Antero Midstream Partners LP public unit holders ultimately received a modest premium and will be more than made whole on their previously communicated distributions and growth profiles, according to management. In this note we will provide an overview of the combined company and take a look at Antero Midstream Corporation's dividend safety.

March 21st, 2019|

Analyzing Boeing’s 737 Crashes and Dividend Safety

Shares of Boeing (BA) slumped more than 10% this week following news of the second crash of its most important plane model in the last five months. With regulators and airlines worldwide grounding their 737 MAX fleets until more is known, Boeing faces increased scrutiny and potentially fast-rising financial obligations. Income investors attracted to the stock's double-digit dividend growth rate and long-term prospects may be wondering what this tragic event means for Boeing's dividend profile and future. Let's take a look.

March 15th, 2019|

Walmart: 45 Consecutive Years of Dividend Growth

Founded in 1945 in Bentonville, Arkansas, Walmart (WMT) is the world’s largest retailer and operates on a truly staggering scale. For example, its 2.2 million employees serve 275 million consumers per week in 27 nations via a network of more than 11,000 stores that collectively sell over $500 billion of merchandise per year. Approximately 50% of Walmart’s stores are located in international markets, which the company entered in 1991. These locations serve about 100 million customers per week under 56 different banners (store brands). While Latin America, the UK, and Canada are important regions, the majority of Walmart’s sales and profits are derived from the company’s U.S. stores (64% of revenue) and Sam’s Club (12%).

March 15th, 2019|

Apple: A Tech Icon and Quality Dividend Grower

Apple (AAPL) was one of the pioneers in personal computing but has since grown to become one of the world's most dominant forces in consumer electronics with more than $260 billion in annual revenue. Today the company produces numerous consumer devices, including smartphones, desktop and laptop computers, tablets, smartwatches, voice-controlled smart speakers, TV boxes, and various phone accessories.

March 15th, 2019|