Banc of California, Inc.Banc of California raised its quarterly dividend 20% to $0.12 per share, supported by recovered operating cash flow and a conservative payout ratio.
A 66-year-old with $1.3 million seeks sustainable dividend income from overlooked mid-caps. Nexstar Media Group yields 4.54% with free cash flow covering its dividend 5.3 times despite a high GAAP payout ratio, though post-TEGNA debt rose to $12.2 billion. Amdocs trades at a 10 times price-to-earnings ratio with a 4.4% yield after a 42.69% drawdown, and its free cash flow covers the dividend 2.87 times following a 14th consecutive annual raise. Banc of California raised its quarterly dividend 20% to $0.12 per share, supported by $255.6 million in recovered operating cash flow and a conservative 32% earnings payout ratio.
Banc of California, Inc.Banc of California raised its quarterly dividend 20% to $0.12 per share, supported by recovered operating cash flow and a conservative payout ratio.
Nexstar Broadcasting Group IncNexstar Media Group yields 4.54% with free cash flow covering its dividend 5.3 times, despite high debt from TEGNA acquisition.
Amdocs Ltd
NVIDIA Corporation