LONDON -- The FTSE 100 has been erratic this week, boosted by positive earnings, buoyed by hopes of further economic stimulus measures from the Federal Reserve and the European Central Bank but dampened by worse-than-expected U.S. jobs data. But if capital gains from the index are unpredictable, at least there are dividend gains to be had: Forecasts suggest an overall yield from the FTSE 100 of about 3.2%.
And there has been news of dividends from a number of companies this week. Let's look at two boosts and one cut.
BP (LSE: BP ) (NYSE: BP )
On Tuesday, BP announced a rise in its first-quarter per-share dividend from $0.08 to $0.09 after reporting a $17 billion first-quarter profit. That did include an accounting gain of $12 billion from the sale of BP's TNK-BP interest, and underlying profit for the three months amounted to $4.2 billion.
Hot Managed Healthcare Stocks To Watch Right Now: Gramercy Capital Corp (GKK)
Gramercy Capital Corp. operates as an integrated commercial real estate investment and asset management company in the United States. Its Gramercy Realty division manages commercial properties leased primarily to regulated financial institutions and affiliated users. The company�s Gramercy Finance division manages whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, and other real estate securities, which are financed through three non-recourse collateralized debt obligations. Its portfolio consists of 2 sub-portfolios, including the core portfolio comprising 67 assets located in 10 states; and the held-for-sale portfolio comprising 48 assets located in 13 states. Gramercy Capital Corp. has elected to be taxed as a real estate investment trust under the Internal Revenue Code of 1986. As a result, it would not be subject to corporate income tax on that portion of its net income that is di stributed to shareholders. The company was founded in 2004 and is headquartered in New York, New York.
Hot Managed Healthcare Stocks To Watch Right Now: Rocklands Richfield PCI Ltd(RCI.AX)
Rocklands Richfield Limited engages in the exploration and development of coalfields in Australia. It primarily explores for coking coal in the Bowen Basin region of Queensland. The company holds a 100% interest in the Hillalong mineral development license comprising approximately 3,189 hectares located in the northeastern section of the Bowen Basin; a 60% interest in the Rocklands project comprising 150 square kilometer exploration permit located in the central part of the Bowen Basin; and a 60% interest in the Richfield coal projects located in the Bowen Basin region. Rocklands Richfield Limited is based in South Perth, Australia.
5 Best Income Stocks To Own For 2014: Helios Advantage Income Fund Inc. (HAV)
Helios Advantage Income Fund, Inc. is a close ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc. The fund invests in the fixed income markets of the United States. It invests a majority of its assets in below investment grade debt securities, which are bonds rated Ba1 or lower by Moody's Investors Service, Inc., BB+ or lower by Standard & Poor's Ratings Group. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital Ba U.S. High Yield Index. It was formerly known as RMK Advantage Income Fund, Inc. Helios Advantage Income Fund, Inc. was formed on November 8, 2004 and is domiciled in the United States.