Dividend stocks to watch: A number of stocks announced quarterly distributions on Monday, among which some saw gains after their respective dividend declaration. The first play among high dividend stocks came into our eyes is Memorial Production Partners LP (MEMP), a limited partnership primarily owns and acquires oil and natural gas properties in North America. The company on Monday announced a cash distribution of $0.495 per unit for the second quarter of 2012 which will be paid on November 12, to unit holders of record as of the close of business on November 1, 2012. The company also announced the completion of the $93.2 million acquisition of oil and natural gas properties in East Texas from Goodrich Petroleum Corporation. MEMP stock price rose 1.27% to $19.13 on Monday. Based on the latest closing price, the company annually yields at 10.04%.
Two real estate investment trusts (REIT) among the high dividend stocks declared distributions on Monday. UMH Properties, Inc (UMH) primarily owns and operates manufactured home communities and leases as well as sales of homes to residents. The company intends to pay a quarterly cash dividend of $0.18 per share payable December 17, 2012 to shareholders of record at the close of business November 15, 2012. UMH stock price gained 0.17% on Monday, based on the latest closing price, the annualized dividend yield of the company is 6.01%. Monmouth R.E. Inv. Corp. (MNR) is focusing on owing net leased industrial properties and the investment of REIT securities. The company declared a quarterly cash dividend of $0.15 per share which is payable December 17, to shareholders of record at the close of business on November 15. MNR stock price climbed 1.79% to $11.39 on Monday. The annual dividend yield of Monmouth R.E. is 5.27% based on the latest MNR stock closing price.
US Ecology Inc. (ECOL) is a provider of radioactive, hazardous, polychlorinated biphenyls (PCB) and non-hazardous industrial waste management and recycling services. US Ecology declared that stockholders of record on October 12. will receive a quarterly cash dividend of $0.18 per common share on October 19. After the announcement, ECOL stock price edged up 0.14% to $21.61. Calculated by the latest ECOL trading price, the annualized dividend yield is 3.33%.
Watsco Inc (WSO) is a distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) in the HVAC/R distribution industry. The company plans to a special cash dividend of $5.00 per share and a quarterly cash dividend of 62 cents per share, both of which will be paid on October 31 to shareholders as of Oct. 15. WSO stock traded up 1.33% to close at $76.80; based on the latest closing price, Watsco Inc pays out at an annualized yield of 3.23%.