Hot Dividend Stocks To Invest In Right Now

DryShips Inc (DRYS) filed a 6-K on July 10th containing a press release announcing a $2.5 million common stock dividend for the quarter ended June 30th to be paid to shareholders of record on July 20th. The press release updated DRYS cash position and outstanding debt balances in addition to other information.

Updated Key Information as of July 10, 2017:

Cash and cash equivalents about $80.8 million, (or $3.04 per share) Book value of vessels, including advances about $625.1 million, (or $23.49 per share) Debt outstanding balance about $237.5 million Number of Shares Outstanding about 26,609,379

As of July 10th, DRYS had closed the 13 of the 17 previously announced vessel acquisitions. The four outstanding acquisitions include three VLGCs and one Newcastlemax. The $80.8 million of cash on the balance sheet probably does not reflect all of the proceeds from the issuance of stock during the trading week ended July 7th due to the typical three day clearing process for the sale of stock. The cash position was better than I expected in my funding shortfall calculations based on prior DRYS disclosures and suggests that DRYS may have been making milestone payments on its new builds, namely the VLGCs and the Kamsarmaxes.

Hot Dividend Stocks To Invest In Right Now: Cinemark Holdings Inc(CNK)

Advisors’ Opinion:

  • [By Shane Hupp]

    Blair William & Co. IL raised its stake in Cinemark Holdings, Inc. (NYSE:CNK) by 6.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,906 shares of the company’s stock after purchasing an additional 1,929 shares during the period. Blair William & Co. IL’s holdings in Cinemark were worth $1,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Rich Smith]

    On balance, AMC’s offer still appears to fall significantly short of MoviePass’ as a value proposition (as did an earlier competing offer from Cinemark (NYSE:CNK) last year). So long as MoviePass remains in business, I honestly can’t see many moviegoers taking AMC up on its offer.

  • [By Shane Hupp]

    Hodges Capital Management Inc. raised its stake in Cinemark Holdings, Inc. (NYSE:CNK) by 2.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,681 shares of the company’s stock after acquiring an additional 6,234 shares during the quarter. Hodges Capital Management Inc. owned approximately 0.27% of Cinemark worth $11,741,000 as of its most recent filing with the Securities & Exchange Commission.

Hot Dividend Stocks To Invest In Right Now: Scana Corporation(SCG)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Nomura Asset Management Co. Ltd. raised its holdings in shares of SCANA Co. (NYSE:SCG) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,034 shares of the utilities provider’s stock after purchasing an additional 1,606 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SCANA were worth $827,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Reuben Gregg Brewer]

    While all of this is going on, Dominion has also announced plans to buy financially struggling peer SCANA Corp.(NYSE:SCG). This utility got into trouble when it canceled a nuclear construction project midstream after its contractor declared bankruptcy. Regulators, customers, and politicians have been less than pleased, with demands for rate and dividend cuts (a dividend cut was just announced).

  • [By Ethan Ryder]

    Teacher Retirement System of Texas trimmed its stake in SCANA Co. (NYSE:SCG) by 19.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,987 shares of the utilities provider’s stock after selling 7,419 shares during the period. Teacher Retirement System of Texas’ holdings in SCANA were worth $1,126,000 as of its most recent SEC filing.

Hot Dividend Stocks To Invest In Right Now: ConocoPhillips(COP)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    As things stand right now, analysts anticipate that at least some Iranian oil will come off the market as a result of the sanctions. That lost output would further tighten an oil market that suddenly has little margin for error thanks to red-hot demand and tame supply growth. That’s the recipe for higher oil prices and could make top-tier U.S. oil stocks Anadarko Petroleum (NYSE:APC), Devon Energy (NYSE:DVN), and ConocoPhillips (NYSE:COP) big winners in the coming years.

  • [By ]

    Lang looked at a daily chart of Anadarko (APC) and Conoco Phillips (COP) , noting that Anadarko has been making higher highs and lows on strong volume, with a bullish MACD momentum indicator. Conoco has made a “W” shaped bottom with a bullish Chaikin money flow, signaling institutional buying. Lang and Cramer were fans of both names.

  • [By Matthew DiLallo]

    The sheer size of Devon’s buyback has the potential to move the stock meaningfully higher over the next year, given what similar repurchase programs have done for rivals in the recent past. In late 2016, ConocoPhillips (NYSE:COP) announced plans to repurchase $3 billion in shares that it would fund by selling assets. The company completed that authorization last year and added another $2 billion to the program for 2018.

Hot Dividend Stocks To Invest In Right Now: United Parcel Service Inc.(UPS)

Advisors’ Opinion:

  • [By ]

    United Parcel Service Inc. (UPS)  rose Thursday, April 26, after posting better-than-expected first-quarter revenue even as winter weather costs weighed on the U.S. segment’s operating results.

  • [By ]

    United Parcel Service Inc. (UPS) rose on Monday, May 14, as the Atlanta-based company’s transformation plan could lead to improved margins, according to Bank of America Merrill Lynch.

  • [By Stephan Byrd]

    Tiverton Asset Management LLC grew its position in United Parcel Service (NYSE:UPS) by 132.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,606 shares of the transportation company’s stock after acquiring an additional 15,154 shares during the period. Tiverton Asset Management LLC’s holdings in United Parcel Service were worth $2,785,000 at the end of the most recent quarter.

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