Diana Containerships Inc. - Common Shares
As a value investor, one thing that always puts me off investing in a company is the dilution of shareholder value through constant issuance of new stock.
Although it's sometimes done with the best intentions in mind, such as the re-payment of debt or increasing CAPEX spending, stock issuance can completely erode shareholder value on a per share basis. That said, it can also benefit shareholders over the longer more »
The shipping industry is a giant collection of working parts. Banks, insurance companies, ship owners and container leasers are all critical entities. Shipping companies are the most visible part of the industry, but there are other subsectors to explore. Container leasing firms lease intermodal containers to shipping companies and help shippers to remain agile and asset-light. These leasing firms offer a slightly more stable way to play the transportation market more »
I am always on the lookout for a solid company offering a double-digit dividend yield. While examining some opportunities recently, I compared three shipping companies operating out of Greece: Diana Shipping (NYSE: DSX), Diana Containerships (NASDAQ: DCIX), and Navios Maritime Partners (NYSE: NMM). Each of these companies looks like a good investment - but are they?
Navios Maritime Partners
Market Cap. 845 more »
For those keen on shares of international shipping companies, the sector's most attractive stocks appear to specialize in the sea transport of cargo container vans. Recent industry reports indicate that container carriers are likely to be lead the recovery of the global shipping industry. Shippers have languished in the doldrums since 2008 because of their own overcapacity and the global economic slowdown.
The shipping and logistics company AP Moeller more »
The first things I look at in any potential investment - and especially young companies - are the company's debt/equity ratio and its quick ratio. If debt/equity > 1, and/or if quick ratio < 1, the company had better have stellar figures elsewhere, or my money is going elsewhere.
If used right, debt can be an effective tool in growing one's business. It can also be a way to more »
The start of the new year is when many people go over their finances with a fine-toothed comb. Some are focused merely on tax planning, some work it into their New Years’ resolutions, and some just want to make sure that they are on track. Either way, people are looking at their portfolios and trying to figure out where they can add value at a good price. Here are 5 more »
The shipping industry is considered a tough call. When we refer to the shipping companies headquartered in Greece, the overall picture does not get any better. Greek shippers have a strong name supported by years of successful performance, but the 2008 economic crisis nearly sunk them. However, most of them pay some of the dividend yields in Europe.
The main question is whether these dividends are sustainable. Well, Greek shippers more »
While it is debatable if Greece will remain in the European Union, what cannot be denied are the attractive dividend yields of publicly traded companies in its shipping sector. A maritime nation, Greece has a shipping tradition that has bred legendary billionaires such as Aristotle Onassis and many fine companies today that pay double digit dividend yields. In addition to the high dividend income, these stocks offer tremendous returns when more »
A "perfect storm" of hostile forces flooded the shipping sector during The Great Recession and its aftermath, taking down the share prices of companies in the industry. This is an excellent opportunity for investors to buy low those shipping companies with the potential for high returns. Still floating that are profitable with low debts and attractive valuations are Diana Container Ships (NASDAQ: DCIX), Box Ships (NYSE: TEU), Knightsbridge Tankers (NASDAQ: VLCCFmore »)
Wrap up a 16% dividend with Box Ships
Good things come in small boxes. Better yet, great yields come from moving big boxes. Box Ships owns the containerships that carry those big boxy containers across the seven seas.
Containership operator Box Ships Inc. (NYSE: TEU) currently has a dividend yield over 16% and has been named as a Top 25 dividend stock according the most recent ”DividendRank” report.
Why most more »
There are two ends to the argument on how best to construct a portfolio. Some people advise a portfolio of complete diversification. Many would have you believe that a well constructed portfolio should have at least 40 stocks with equal exposure to a variety of industries and countries. Others would say that as an investor trying to beat the market, you can't have a portfolio of more than 10 more »
In my last blog I wrote about Diana Shipping (NYSE: DSX) and their spinoff, Diana Containerships (NASDAQ: DCIX). I was cautiously optimistic about the value of the stock in a shipping recession...now, however, I'm positively jubilant. Diana Containerships' Q1 Release was more than the best case situation I had predicted in my last blog. In that post, I summarized my bullishness in Diana Containerships stock with these points more »
Insider Ownership is a key signal of confidence for an investor. The common saying is, there are many reasons for insiders to sell, but only one reason that insiders buy. For Diana Shipping(NYSE: DSX), that insider signal is rather strong at 17.86%. Does this mean we should buy Diana Shipping? After being pummeled in recent history, down 20.7% in the last year and down 52.7% in more »
This is a part of my Behind the Curtain: Special Situations for Explosive Returns, series
Nowadays, market returns above even 2% are breakthroughs. The markets are rough and 10 year bond yields are at extreme lows. So what do stock investors look to use to fight this? Dividends! Here is a recommendation of a lesser known dividend phenomenon that will allow you to thrash the market in the coming year more »