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Dividend News You Can Use

|About: Sun Communities, Inc. (SUI), T

Sun Communities (SUI) declared its latest dividend, a $0.71/share quarterly dividend, in line with its previous quarterly dividend.

Image result for sun communities logo

This dividend payment will be payable July 16th for shareholders of record June 29th.

Investors interested in capturing this dividend payment should consider buying shares before June 28th which is the ex-dividend date.

The $2.84 annual dividend represents a yield of 2.92% at current prices.

About Sun Communities

Sun Communities, Inc. is a REIT that, as of March 31, 2018, owned, operated, or had an interest in a portfolio of 350 communities comprising approximately 122,000 developed sites in 29 states and Ontario, Canada. For more information about Sun Communities, Inc., please visit www.suncommunities.com.

source: Yahoo Finance

Morgan Stanley Resumes Overweight Rating on AT&T

Image result for at&t logo

AT&T (T) was up 0.9% premarket after Morgan Stanley resumed its overweight rating but closed the day just 3 cents higher, virtually flat.

The firm put a $37 price target on T.

This would point to a 16% upside from yesterday's closing price.

Because prices on telecoms have contracted so much this year, Morgan is viewing T as presenting more fair value at this price point.

To date, AT&T's has decline 18.7% so far in 2018. The decline in the past quarter has amounted to 9.4%.

At today's closing price of $31.65, its $2.00 current annual dividend presents a yield of 6.32%, significantly higher than its historical yield which is closer to the 5.0% mark.

As the market continues to weaken, with the S&P 500 Index down another .86% today, we are gradually gaining ground to our lower, limit order entry price discussed in a previous article. Higher yield is on the horizon!

Fill-The-Gap Portfolio Performance Vs. S&P 500 Index

Today, Wednesday, June 27, the S&P 500 index fell another .86%.  By comparison, the FTG Portfolio that you have followed for over 3 1/2 years lost just .41%, less than half the broad market's loss.

Our RODAT Subscriber portfolio retreated just .31%, outperforming the broad market again, this time by .55% on the day.

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I hope you enjoyed the first official weekend of summer as we look forward to another exciting week on Wall Street.

George Schneider

Best,

George

Disclaimer: This article is intended to provide information to interested parties. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks mentioned or recommended.

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Disclosure: I am/we are long ALL FILL-THE-GAP PORTFOLIO STOCKS.