DVY Overview

Market Rally: The market rally is expanding beyond just tech stocks, indicating a broader recovery.

Dividend-Paying Stocks: Companies like Exxon Mobil, Walmart, Ford, and Coca-Cola are outperforming traditional tech favorites.

Dividend Declaration: iShares Select Dividend ETF (DVY) has declared a quarterly dividend of $1.6162 per share, payable on December 19 to shareholders of record as of December 16, with an ex-dividend date also on December 16.

Fundamental Concerns: There are questionable fundamentals surrounding the iShares Select Dividend ETF, which has recently received a rating downgrade despite its popularity and $20 billion in assets.

Dividend Increases: Eli Lilly, Amgen, and Mastercard announced significant dividend increases, with Eli Lilly raising its payout by 15.3% to $1.73, Amgen by 5.9% to $2.52, and Mastercard by 14.5% to $0.87.

Dividend Declarations: Companies such as Progressive, JPMorgan Chase, Colgate-Palmolive, and Caterpillar declared dividends this week, with JPMorgan Chase announcing a payout of $1.50.

Upcoming Dividend Calendar: Next week, companies like Domino's Pizza, Devon Energy, FedEx, and Walt Disney will have ex-dividend dates on December 15, with payout dates ranging from December 26 to January 15.

Dividend ETFs: A variety of popular dividend-focused ETFs are available for investors, including VIG, SCHD, and VYM, providing options for those looking to invest in dividend-paying stocks.

Alexandria Real Estate Equities Stock Decline: Alexandria Real Estate Equities (ARE) saw a significant drop in its stock price, falling 15.3% this week after announcing a nearly 50% cut to its quarterly cash dividend, which alarmed investors.

Dividend Safety Analysis: Following Alexandria's dividend cut, Seeking Alpha analyzed other REITs, identifying 58 companies with high Dividend Safety ratings (A+ to B-) that have a strong track record of avoiding dividend cuts.

Top REITs by Dividend Safety: Host Hotels & Resorts (HST) and DiamondRock Hospitality (DRH) topped the list of REITs with strong buy ratings and high Dividend Safety scores, indicating their stability in dividend payments.

Dividend-Focused ETFs: The article also mentions several dividend-focused exchange-traded funds (ETFs) that may be of interest to investors looking for stable income sources amidst the volatility in the REIT sector.

Dividend Cut Announcement: Alexandria Real Estate Equities (ARE) has reduced its quarterly cash dividend by nearly half, resulting in a more than 10% drop in its share price, as part of a strategy to strengthen its balance sheet and maintain liquidity.

Impact on REIT Sector: Following Alexandria's decision, Seeking Alpha identified other real estate investment trusts (REITs) with a high likelihood of dividend cuts, highlighting 10 companies with a Dividend Safety grade of F.

Quant Ratings of At-Risk REITs: The identified REITs include Global Net Lease (GNL), Alexander’s (ALX), and Crown Castle (CCI), among others, with varying Quant ratings indicating their investment potential.

Dividend-Focused ETFs: The article also mentions several dividend-focused exchange-traded funds (ETFs) that may be of interest to investors, including VIG, SCHD, and VYM, among others.

Dividend Increases: Barrick Mining and Aflac announced dividend increases of 25% and 2.14%, respectively, with other companies like First National also raising their dividends.

Dividend Declarations: Companies such as Gap, Kohl's, Manulife Financial, and Waste Management declared dividends this week, with specific amounts and declaration dates provided.

Upcoming Dividend Calendar: Next week, companies like ConocoPhillips, L3Harris Technologies, Applied Materials, and Microsoft will have ex-dividend dates, indicating when investors must own shares to receive upcoming dividends.

Dividend ETFs: A list of popular dividend-focused ETFs is provided for investors looking to explore dividend investment opportunities further.