Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Syawal Adam
Feb 07, 2023 9:10AM ET
pay out now
1
0
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
⏰ React to the Market Faster with Custom, Real-Time News Get Started
4 big dividend moves: CorEnergy halts payout
By Davit Kirakosyan
Investing.com -- Here are some of the biggest dividend headlines that you may have missed on InvestingPro since yesterday. Sign up for real-time dividend coverage.
CorEnergy's dividend halt
CorEnergy Infrastructure (NYSE:CORR) shares plunged more than 12% yesterday after the company announced it will suspend dividend payments on its 7.375% Series A cumulative redeemable preferred stock and its common stock due to a combination of declining volumes and increased costs in its California systems.
The company will report its Q4 earnings on March 1 before the market opens.
A trio of dividend hikes
Northern Oil And Gas (NYSE:NOG) hiked its dividend by 13.3% to $0.34 per share, or $1.36 annualized, for an annual yield of 4.4%. The dividend will be payable on April 28, 2023, to stockholders of record on March 30, 2023, with an ex-dividend date of March 29, 2023.
Last month, BofA Securities upgraded the stock to Buy from Neutral with a price target of $38.00.
The company will report its Q4 earnings on Feb 23 after the market closes.
Independent Bank (NASDAQ:INDB) hiked its dividend by 4.5% to $0.23 per share, or $0.92 annualized, for an annual yield of 4%. The dividend will be payable on February 24, 2023, to stockholders of record on February 16, 2023, with an ex-dividend date of February 15, 2023.
FirstService (NASDAQ:FSV) hiked its dividend by 9.8% to $0.225 per share, or $0.9 annualized, for an annual yield of 0.6%. The dividend will be payable on April 11, 2023, to stockholders of record on March 31, 2023, with an ex-dividend date of March 30, 2023.
The company will report its Q4 earnings today before the market opens. Shares were down nearly 5% after-hours yesterday.
***
For rapid-fire, comprehensive coverage of dividends, buybacks, and all the biggest news that matters to investors, try InvestingPro.
Related Articles
Comments (3)
Abid Dogar
Feb 07, 2023 8:25AM ET
Abid Hussain
2
0
Ray Johnson
Feb 07, 2023 8:20AM ET
Details required, please I need a couche
1
1
Sherry Lander
Feb 07, 2023 8:20AM ET
Do you need a coach or a couch?
0
0
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.