Following U.S. Stocks were among the “Top Losers” during Friday’s trade: Chesapeake Energy Corporation (NYSE:CHK), Reynolds American, Inc (NYSE:RAI), National Retail Properties, Inc (NYSE:NNN), PulteGroup, Inc (NYSE:PHM)
Their insights are depicted underneath:
Chesapeake Energy Corporation (NYSE:CHK) shares dwindled -4.71%, and closed at $15.17, hitting new 52-week low of $ 15.07.
According to BUSINESS WIRE, Chesapeake Energy Corporation (CHK), declared that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on April 30, 2015 to ordinary shareholders of record on April 15, 2015.
Chesapeake Energy Corporation (CHK) is the second-largest producer of natural gas and the 11th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the corporation’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the U.S.
Reynolds American, Inc (NYSE:RAI) declined -3.80%, and closed at $70.43.
According to PRNewswire, on February 26, Lorillard, Inc. (LO), confirmed that David Taylor, presently executive vice president, finance and planning and chief financial officer of Lorillard, will serve as the new chief executive of ITG Brands LLC (“ITG”). ITG will be a newly formed partner of Imperial Tobacco Group, PLC (IMT.L) following the closing of Lorillard’s pending merger with Reynolds American (RAI), and RAI’s divesture of certain brands to Imperial Tobacco. The appointment will be effective right away upon the closing of such transactions.
Mr. Taylor has served as Lorillard’s executive vice president, finance and planning, and chief financial officer since January of 2008. Preceding to joining Lorillard, Mr. Taylor was a senior managing director with FTI Palladium Partners, a firm specializing in providing interim administration services. In that capacity, he served as interim chief financial officer of Eddie Bauer Holdings, Inc. from January 2006 to November 2007.
Until the transactions are accomplished, Mr. Taylor, together with Lorillard’s senior administration team, will remain focused on driving success at Lorillard, executing on the Corporation’s strategy as it works to complete the projected transactions, and will continue to operate in the best interest of Lorillard and its shareholders through the closing of the transactions.
According to Investor’s Business Daily report, Altria Group (NYSE:MO) and Reynolds American (NYSE:RAI). The tobacco companies presently pay $2.08 and $2.68 a share, respectively, on an annual basis, yielding 3.7% and 3.6%. Altria’s long-term dividend growth rate is 8% and Reynold’s is 9%.
Reynolds American Inc., through its auxiliaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments.
National Retail Properties, Inc (NYSE:NNN) dipped -4.65%, and closed at $38.77.
National Retail Properties, Inc. (NNN), holds a Zacks Rank #2 (Buy).
According to PRNewswire, on February 13, The Board of Directors of National Retail Properties, Inc. (NNN), a real estate investment trust, declared a cash dividend on its 6.625% Series D Cumulative Redeemable Preferred Stock of 41.40625 cents per depositary share payable March 16, 2015, to shareholders of record on February 27, 2015. The Board also declared a cash dividend on its 5.70% Series E Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable March 16, 2015, to shareholders of record on February 27, 2015.
National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm attains, owns, manages, and develops retail properties in the United States.
PulteGroup, Inc (NYSE:PHM) dropped -4.59%, and closed at $21.22.
According to PRNewswire, PulteGroup, Inc. (PHM), declared that its Board of Directors has declared a quarterly cash dividend of $0.08 per ordinary share payable April 2, 2015, to shareholders of record at the close of business on March 12, 2015.
PulteGroup, Inc. (PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in about 50 markets throughout the country. Through its brand portfolio that comprises Centex, Pulte Homes, Del Webb and DiVosta Homes, the Corporation is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand.
