Dividend stocks to watch: The five stocks announced quarterly dividends today.
Fort Dearborn Income Securities, Inc. (FDI) is a diversified closed-end management investment company focusing on the investment grade long-term fixed income debt securities. Fort Dearborn Income Securities declared a quarterly dividend of $0.175 per share, which will be paid on September 28, with ex-date, September 13. On the basis of the latest FDI stock price of $16.96, the fund pays distributions at a yield of 4.13%.
Werner Enterprises, Inc. (WERN) is a transportation and logistics company focusing on hauling truckload shipments of general commodities in both interstate and intrastate commerce. The company announced a quarterly dividend of $0.05, which will be payable on October 16, with ex-date, September 27. Based on the latest WERN stock price of $22.79, the company is yielding at 0.88%.
AvalonBay Communities, Inc. (AVB) is a real estate investment trust (REIT) engaged in the business of multifamily communities in high barrier to entry markets. The REIT announced to pay a quarterly dividend of $0.97 to shareholders on October 15, with ex-date, September 26. Calculating by the latest AVB stock price of $144.36, AvalonBay Communities pays out at a yield of 2.69%.
Eastgroup Properties Inc (EGP) is a real estate investment trust (REIT) focusing on the operations of industrial properties in Sunbelt markets. Eastgroup Properties declared a quarterly dividend of $0.53, which will be made on September 28, with ex-date, September 14. Based on the latest EGP stock price of $54.95, the REIT sports a dividend of 3.86%.
Potlatch Corporation (PCH), through its subsidiaries, operates real estate sales and development business, and produces lumber and plywood. The company decided to reward shareholders with a quarterly dividend of $0.31, which will be payable on September 28, with ex-date, September 13. On the basis of the latest PCH stock price of $37.16, the company pays dividends at a yield of 3.34%.