Chasing the Yield

The Yield – Week ending June 25, 2021


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News




3M loses another bellwether case involving solid earplugs





Caterpillar will produce zero emission mining equipment for graphite mine in Quebec, Canada




Oasis Midstream Partners LP (OMP): OMP shares were down 15% to $23.87 after the company said it has begun an underwritten public offering of about 3.6 million common units representing limited partnership interests. The partnership expects to grant the underwriter a 30-day option to purchase up to an additional about 543,000 common units. All of the common units are being offered by Oasis Midstream on a primary basis. Oasis Midstream Shares Drop 15% After Public Offering Prices – MarketWatch




High risk muni bonds hit decade low





Short sellers are staying away from financial stocks





Whitehouse & Senators reach agreement on $1 trillion in new spending




Microsoft introduces Windows 11





Microsoft also reached $2 trillion in market cap




Consumers shift spending to services from big ticket items








Portfolio Update



LowYieldMediumYieldHighYieldWeek-0.56%+0.54%+1.45%Month+0.61%+1.63%+2.64%







Dividends



* Cherry Hill Mortgage Investment Corporation (CHMI) announced its next dividend of $0.27 per share, in line with the company’s previous payout.* John Wiley & Sons (JW.A) announced its next dividend of $0.345 per share, a 0.73% increase over the company’s previous payout of $0.3425.* Artesian Resources Corporation (ARTNA) announced its next dividend of $0.261 per share, in line with the company’s previous payout.







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Chasing the YieldBy Kevin Bae


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