Dividend Increase 034: Nike

NIKE, INC. ANNOUNCES 13 PERCENT INCREASE IN QUARTERLY DIVIDEND

11/17/2016

BEAVERTON, Ore.–(BUSINESS WIRE)– NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on the company’s outstanding Class A and Class B Common Stock payable on January 3, 2017, to shareholders of record at the close of business December 5, 2016.

“NIKE has a consistent track record of delivering value to our shareholders and today’s announcement marks the 15th consecutive year we have increased our dividend,” said Mark Parker, Chairman, President and CEO of NIKE, Inc. “This increase, together with the four-year $12 billion share repurchase program announced in 2015, reflects the continued confidence we have in our strategies to generate sustainable, profitable growth and strong cash flows, while investing for the future and returning cash to shareholders.”*


Azioni in portafoglio :17
 

Dividendi incassati :4.1

Nuovo dividendo annuo stimato :6.91

Yoc :0.73%

Payback :0.43%


 

Annunci

Dividend increase 033: Omega Healthcare

Omega Announces Third Quarter 2016 Financial Results; $428M of New Investments and Increased Dividend for 17th Consecutive Quarter

HUNT VALLEY, Md.–(BUSINESS WIRE)– Omega Healthcare Investors, Inc. (NYSE:OHI) (the “Company” or “Omega”) today announced its results of operations for the three-month period ended September 30, 2016. The Company reported for the three-month period ended September 30, 2016 net income of $82.1 million, or $0.40 per common share, Funds From Operations (“FFO”) of $162.6 millionor $0.80 per common share, and Funds Available For Distribution (“FAD”) of $152.6 million.

Omega’s CEO, Taylor Pickett, said, “We are pleased to report another outstanding quarter as we continue to source attractive acquisitions and deliver superior earnings and dividend growth. As we stated in August, we have returned to our $0.01 dividend increase this quarter, marking the 17th consecutive quarterly dividend increase.” Mr. Pickett, continued, “We continue to aggressively prune underperforming assets and non-strategic relationships. As a result, we recognized modest impairments of $17 million during the quarter. Assuming the completion of asset sales currently contemplated, we expect that gains on future sales will approximately offset the impairments recorded in 2016.”

For the three-month period ended September 30, 2016, the Company reported net income of $82.1 million, or $0.40 per common share, on operating revenues of $224.6 million. This compares to net income of $83.3 million, or $0.43 per common share, on operating revenues of $202.0 million, for the same period in 2015.

For the nine-month period ended September 30, 2016, the Company reported net income of $253.5 million, or $1.26 per common share, on operating revenues of $666.3 million. This compares to net income of $169.8 million, or $0.97 per common share, on operating revenues of $533.1 million, for the same period in 2015.

The year-to-date increase in net income compared to the prior year was primarily due to revenue associated with the acquisition by merger (the “Aviv Merger”) of Aviv REIT, Inc. (“Aviv”) on April 1, 2015 and new investments completed in 2015 and 2016. This increase was partially offset by (i) $46.3 million in increased depreciation and amortization expense, (ii) $44.1 million in increased impairments on real estate assets, (iii) $6.5 million in increased interest expense and interest refinancing expense, (iv) $4.8 million in incremental general and administrative expenses, (v) $3.7 million increase in provisions for uncollectible mortgages, notes and straight-line receivables resulting from the Company repositioning assets from one operator to another and (vi) a $3.4 million increase in stock-based compensation expense.

FFO for the third quarter of 2016 includes $3.7 million of non-cash stock-based compensation expense, $2.3 million of acquisition and merger related costs and $1.8 million of interest refinancing costs. These costs were partially offset by $0.5 million of one-time non-cash revenue. Adjusted FFO is $0.83 per common share for the three-month period ended September 30, 2016. FFO, Adjusted FFO and FAD are non-GAAP financial measures. For more information regarding FFO, Adjusted FFO and FAD, see the “Third Quarter 2016 Results – Funds From Operations” section.

2016 RECENT DEVELOPMENTS AND THIRD QUARTER HIGHLIGHTS

In Q4 2016, the Company

  • increased its quarterly common stock dividend rate to $0.61 per share.

In Q3 2016, the Company

  • completed $428 million in new investments.
  • invested $38 million in capital renovation and construction-in-progress projects.
  • repurchased an outstanding $180 million secured term loan due 2019.
  • issued $700 million aggregate principal amounts of its 4.375% Senior Notes due 2023.
  • increased its quarterly common stock dividend rate to $0.60 per share.

In Q2 2016, the Company

  • completed $220 million in new investments.
  • invested $28 million in capital renovation and construction-in-progress projects.
  • increased its quarterly common stock dividend rate to $0.58 per share.

In Q1 2016, the Company

  • completed $494 million in new investments.
  • invested $31 million in capital renovation and construction-in-progress projects.
  • completed a $350 million senior unsecured 5-year term loan.
  • increased its quarterly common stock dividend rate to $0.57 per share.

Azioni in portafoglio :48
 

Dividendi incassati :86.8

Nuovo dividendo annuo stimato :65.5

Yoc :3.86%

Payback :5.13%