Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
In January, we initiated coverage on four companies. Below is an overview of each new dividend stock. For a more complete list of dividend initiations, increases and cuts, check out our Dividend Payout Changes page.
1. Hexcel Corporation
Hexcel Corporation (HXL ) is a Stamford, CT-based composites company with a market capitalization of approximately $4.3 billion. On January 12, HXL declared its first quarterly dividend of 10 cents that will be paid on February 17. The stock currently offers a 0.89% yield. Dividend.com has initiated coverage on HXL as “Neutral” with a DARS™ rating of 3.0 stars out of 5 stars.
2. EnPro Industries
EnPro Industries (NPO ) is a Charlotte, NC-based industrial company with a market capitalization of approximately $1.5 billion. On January 14, NPO declared its first quarterly dividend of 20 cents to be paid on March 16. The company currently offers a 1.29% yield. Dividend.com has initiated coverage on NPO as “Neutral” with a DARS™ rating of 3.0 stars out of 5 stars.
3. LegacyTexas Financial Group
LegacyTexas Financial Group (LTXB) is a Plano, TX-based financial services company with a market capitalization of approximately $878 million. On January 27, LTXB declared its first quarterly dividend of 13 cents that will be paid on February 23. The company currently offers a 2.41% yield. Dividend.com has initiated coverage on LTXB as “Neutral” with a DARS™ rating of 3.0 stars out of 5 stars.
4. Great Western Bancorp
Great Western Bancorp (GWB) is a Sioux Falls, SD-based bank with a market capitalization of approximately $1.2 billion. On January 28, GWB declared its first quarterly dividend of 12 cents that will be paid on February 23. The company currently offers a 2.29% yield. Dividend.com has initiated coverage on GWB as “Neutral” with a DARS™ rating of 3.1 stars out of 5 stars.
