Monday, May 20th, 2013
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Dividend stocks: WMC, DX, PULB, FNLC, WASH, BLC, GLDC

There are several financial dividend stocks announced their respective distributions. Western Asset Mortgage Capital Corp (WMC) is an investment company engaged in investing in, financing and managing primarily residential mortgage-backed securities, or RMBS. The company announced a quarterly dividend of $0.85, which will be paid on October 25 to shareholders. The ex-date is September 27. WMC stock price rose 1.18% in the regular trading Tursday, and surged more than 8% after the dividend announcement. Western Asset Mortgage Capital yields at 13.63% on the basis of the latest WMC stock price of $22.30.

Dynex Capital, Inc. (DX) pays out at 10.61%, making it one of the high dividend stocks. Dynex Capital operates as a mortgage real estate investment trust (REIT) investing in both Agency and non-Agency securitized mortgage products. The company declared a third quarter distribution of $0.29 per share, which will be made on October 31, with ex-date October 3. Following this, DX stock traded up 1.20% to $10.93 on Tursday.

Pulaski Financial Corp (PULB) also declared a quarterly cash dividend of $0.095, which will be paid to the shareholders on October 15, with ex-date, October 3. PULB stock price slid 1% to $7.92 on Tursday. Based on the latest stock price, the holding company for Pulaski Bank, sports a dividend yield of 4.8%.

The First Bancorp, Inc. (FNLC), among these financial dividend stocks, operating as a holding company of The First, N.A., which offers deposit accounts, consumer and commercial and mortgage loans services to small businesses and individual customers. The company is scheduled to pay a quarterly dividend of $0.195 to shareholders on October 31. The ex-date is October 31. FNLC stock price dropped 1.15% to $17.17 on Tursday. The First Bancorp currently yields at 4.54%.

Another bank holding company Washington Trust Bancorp (WASH) also declared a quarterly dividend of $0.24, which will be made to the shareholders on October 12. The ex-date is September 27. WASH stock traded down 0.57% in the trading session on Tursday, based on this price. Washington Trust Bancorp yields at 3.52%.

Two other companies also announced decent quarterly distributions. Belo Corp. (BLC) is a television company which owns 20 television stations, and two local and two regional cable news channels. The company intends to return cash of $0.08 to shareholders on December 7, with ex-date on September 14. BLC stock price edged up by 0.76% to $8.00 in the previous trading. The annualized yield of the company is 4.00%.

Another dividend stock coming in with payment was Golden Enterprises, Inc. (GLDC), a holding company of the snack products producer, marketer and distributor, Golden Flake Snack Foods, Inc, saw its share price popping up 3.12% after it announced a quarterly cash dividend of approximately $0.03 per share, which will be payable on October 31, with ex-date, September 27. Calculating by the current GLDC stock price of $3.30, the company pays dividends at a yield of 3.79%.

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