Seeking Alpha

ionBonds.blogsp...'s  Instablog

ionBonds.blogspot.com
Send Message
In 2001 Greg licensed Solomon Asset Management as a registered investment advisory firm to provide institutions and individuals stock market research and investment management. Greg received a bachelor’s degree from Cornell University and a Masters Degree in Public Administration from Kean... More
My company:
Solomon Asset Management
My blog:
ionBonds
View ionBonds.blogspot.com's Instablogs on:
  • W. P. Carey Announces Quarterly Dividend Of $0.82

    W. P. Carey (NYSE:WPC) declared a quarterly dividend on Thursday, March 14th. Investors of record on Thursday, March 28th will be given a dividend of $0.82 per share on Monday, April 15th.

    This represents a $3.28 dividend on an annualized basis and a yield of 5.13%.

    W. P. Carey recently capped several of its 52-week high marks as it is being recognized by institutional investors and mutual fund managers. The stock's 50-day moving average is currently $58.5. The company has a market cap of $4.380 billion.

    The company last posted quarterly earnings results on February 26th, reporting $1.13 EPS for the quarter. For the same period, W. P. Carey had revenue of $374.00 million for the quarter, compared to the consensus estimate of $327.80 million.

    For greater than 40 years, W. P. Carey has provided long-term sale-leaseback and build-to-suit financing for companies worldwide. The company also owns and manages a worldwide real estate investment portfolio.

    The company's portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows that have enabled the WPC to deliver consistent and rising dividend income to investors for nearly four decades.

    Previously, W. P. Carey's Board of Directors raised the quarterly cash dividend to $0.66 per share for the fourth quarter of 2012. The dividend, which is the company's 47th consecutive quarterly increase was paid on January 15, 2013 to stockholders of record as of December 31, 2012. Over the course of 2012, WPC increased their dividend by 17%, to an annualized rate of $2.64 per share.

    Mar 17 10:04 AM | Link | Comment!
  • Since We Are Talking Oscars

    The Ride Along Sunset Boulevard

    One of my favorite film directors is Billy Wilder. In his film Sunset Boulevard, Wilder cast Gloria Swanson as a faded silent movie star who entices a floundering young screenwriter into her fantasy world. The film noir takes place in a palestrial spider's web where the actress madly dreams of making a triumphant return to the screen. Wilder weaves together a story of fading aspirations that drive the main characters to a fatal conclusion.

    Meanwhile, the film industry moves ahead.

    To be sure, the last decade for the major stock market indexes has been underwhelming. Recently, PIMCO, one of the largest global money managers reported that "The cult of equity is dying." This is not surprising. Boomers can not take risk and the earlier generation, while residing in homes that have lost value, have few prospects for advancement. Going further down the age ladder….college-age individuals never witnessed a sustained bull market.

    Although there are times when investing in stocks may appear as fantasy or fatal, in the long run the stock market will move ahead.

    Feb 27 9:54 AM | Link | Comment!
  • Can The Stock Market Keep Its Momentum Throughout '13

    During 2012, the stock market recovered handsomely from the effects of the usual demons - euro crisis, high oil prices, low oil prices, occupy Wall Street and political uncertainty. After a long downward slide between the first quarter and the third quarter, each of the major indexes rallied to finish the year near their first quarter highs. On the final session of the year, stocks posted a triple digit gain enabling the Dow Jones Industrial Average to post a 7.3% gain for the year.

    On January 2, stocks jump-started 2013 with another triple digit rally of nearly 2.5% to bring the Dow within 5% off its all-time closing high (the Dow Jones Average all-time high is 14,164.53 posted October 9, 2007). The broader Standard & Poor's Index of 500 stocks out-paced the DJIA during 2012; however, the index remains nearly 7% from its peak. From a psychological perspective, the stock market still has a long way to go to overcome the damage caused by the 2008-09 bear market. Meanwhile, the U.S. economy continues to recover at a dilatory pace.

    In 2013, investors can be more comfortable with the devils we know, perhaps because they are not getting worse. Besides the situation in Greece, most economic issues are pretty much the same as they were during the market corrections in the last two years. As per the Federal Reserve, we can continue to expect ultra-low interest rates and an ongoing flood of money from the government to prod consumer spending. Interest rates have dropped steadily throughout the last four years to historically low levels. Currently, the yield on the 10-year Treasury bond (often used as the benchmark for money market funds) sits below 2%.

    After having endured a decade long roller coaster ride to inkle together modest returns, stock market investors recently faced a battery of assaults aimed at Wall Street and corporate America. The denigration of U.S corporations not only hurts investors, it hurts the country…..because if there isn't a strong and growing corporate America with profitable companies, there will be companies from another country that will happily fill that role.

    Feb 14 8:42 PM | Link | Comment!
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.