Bought: Gladstone Investment Corp (ticker: gain)

Going for the Gain

gain detergent gladstone investment corp dividend increase business development companyIt’s time to buy some Gain. Not the Proctor & Gamble laundry detergent, but rather Gladstone Investment Corp. who’s ticker symbol is GAIN.

After reviewing yesterday’s list of dividend increases, Gladstone Investment Corp. caught my eye for a couple of reasons.

Number one of course is the above average payout which is hovering right around an 8% annual yield.

The second thing and perhaps even more important to the DDI portfolio is the fact that this is a MONTHLY dividend payer. That’s important to the DDI portfolio because it means cash will be flowing in on a more regular and constant basis which in turn allows the portfolio to re-invest funds all that much sooner.

But, can it all be that easy?…

Continue reading “Bought: Gladstone Investment Corp (ticker: gain)”

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Dividend Increases for Thursday July 14, 2011

Dividend Increases for Thursday July 14, 2011

upward pointing arrow daily dividend investor reports increase western gas partners lpFour companies announced dividend increases today including 2 Limited Partnerships, 1 Business Development Corporation (BDC) and a commonly held Large Cap.

The largest increases in dividends came from Pope Resources L.P. (ticker: pope) with a huge 40% increase, followed by the drugstore chain, Walgreen Company (ticker: wag) with an equally impressive increase of 28%, keeping it’s 35 year tradition of dividend increases alive.

Completing today’s line-up of dividend increases are Gladstone Investment Corporation (ticker: gain) and Genesys Energy L.P. (ticker: GEL) with increases of 11% and 1.8% respectively.

Week in review

This week over 10 separate companies have delivered dividend increases which offers up good evidence that not only the US economy, but those around the world are not only healing but are beginning to show signs of continued growth and expansion.

Investment Considerations

As always when evaluating investment opportunities it’s important to keep in mind not only the fundamentals of the stock itself, but also how the holding entity (Limited Partnership, Royalty Trust, Master Limited Partnership, Business Development Company, Preferred Stock) may affect the way you report income on your annual tax return as well as the amount or percentage of tax  you will be required to pay. Adding shares of any of these special entities to tax deferred / retirement accounts may also present additional issues that should be discussed with your CPA or tax planner / advisor before purchasing.

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Dividend Increases for Thursday July 7, 2011

Dividend Increases for Thursday July 7, 2011

Westeupward pointing arrow daily dividend investor reports increase western gas partners lprn Gas Partners, LP (ticker: WES)  increased their quarterly dividend today by $.025/share for an increase of 3.8%. Based on today’s closing price of $36.15/share Western Gas Partners pays out a 4.48% dividend yield.

Because WGP is a limited partnership, you will be issued a K-1 tax form each year and will be required to include US Federal Tax Form 1065 when completing your tax return. As I currently hold such small positions in the DDI portfolio I typically avoid adding shares of  limited partnership interests to my holdings in an attempt to keep tax reporting as simple as possible.

I would consider making an exception for limited partnership interests that generate monthly income – however, Western Gas Partners currently pays dividends quarterly in August, November, February and May, so for now I won’t be considering adding shares of WGP.

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Dividend Increases for November 22, 2010

upward pointing arrowDividend Increases for November 22, 2010

  • Hormel Foods – ticker: HRL
  • New dividend: $.255 old dividend: $.21  x-div  1/23/11
  • Yield: 2.1 %   EPS/DIV: 2.79/1.04
  • South Jersey Industries – ticker: SJI
  • New dividend: $.365 old dividend: $.33 x-div  12/10/10
  • Yield: 2.9%   EPS/DIV 2.16/1.46