Dividend Watching: Can we expect CIT Group Inc  (CIT) (NYSE:DEL) to bring investors news of $0.15 dividends?

Dividend Watching: Can we expect CIT Group Inc  (CIT) (NYSE:DEL) to bring investors news of $0.15 dividends?

CIT Group Inc  (CIT) (NYSE:DEL) is expected to pay $0.15 on Nov 25, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on CIT Group Inc  (CIT)’s current price of $58.37, the dividend is 0.26%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 19, 2016. The stock decreased 0.85% or $0.5 on November 4, hitting $58.37. Deltic Timber Corp (NYSE:DEL) has declined 4.06% since April 5, 2016 and is downtrending. It has underperformed by 6.02% the S&P500.

Deltic Timber Corporation is a vertically integrated natural resources company. The company has a market cap of $709.14 million. The Firm is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard . It has a 87.12 P/E ratio. It operates through four divisions: Woodlands, which manages all aspects of its timberlands, including harvesting and sale of timber, timberland sales and acquisitions, gas and oil revenues, timberland management and leasing of hunting land; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s approximately four real estate developments and a related country club operation, and Corporate, which consists of executive management and the staff functions.

Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.30, from 1.17 in 2016Q1. The ratio worsened, as 4 funds sold all Deltic Timber Corp shares owned while 35 reduced positions. 6 funds bought stakes while 28 increased positions. They now own 9.92 million shares or 1.87% less from 10.11 million shares in 2016Q1.
Northern Tru Corporation last reported 138,142 shares in the company. Citigroup Inc accumulated 0% or 4,012 shares. Wellington Management Grp Llp has invested 0.03% of its portfolio in Deltic Timber Corp (NYSE:DEL). Legal General Pcl has 2,271 shares for 0% of their US portfolio. Nwq Investment Mgmt Company Limited Liability Corporation has 0.4% invested in the company for 342,849 shares. Voya Inv Mngmt Ltd Company accumulated 0% or 6,339 shares. Blackrock Fund accumulated 0.01% or 721,768 shares. Bnp Paribas Arbitrage Sa last reported 0% of its portfolio in the stock. Sei Investments holds 0% or 12,290 shares in its portfolio. Signature Financial Management last reported 50,702 shares in the company. Pnc Service Group accumulated 146 shares or 0% of the stock. Ladenburg Thalmann Fincl Services accumulated 0% or 200 shares. Sunbelt Secs Inc holds 0% of its portfolio in Deltic Timber Corp (NYSE:DEL) for 539 shares. Blackrock Institutional Trust Na has invested 0% of its portfolio in Deltic Timber Corp (NYSE:DEL). Blackrock Grp Ltd has 37,064 shares for 0% of their US portfolio.

Insider Transactions: Since June 1, 2016, the stock had 1 insider buy, and 8 selling transactions for $1.90 million net activity. DILLON RAY C sold $778,330 worth of stock or 11,119 shares. STREETER KENT L had sold 7,516 shares worth $525,970 on Friday, September 16. 1,000 shares were sold by ROACH J THURSTON, worth $70,250. Walker Byrom sold $17,664 worth of Deltic Timber Corp (NYSE:DEL) on Thursday, November 3. Another trade for 3,323 shares valued at $234,272 was sold by MANN KENNETH DEWAYNE. MURPHY ROBERT MADISON bought $198,996 worth of Deltic Timber Corp (NYSE:DEL) on Monday, August 8. Another trade for 4,855 shares valued at $314,174 was sold by MEGHREBLIAN DAVID V.

Another recent and important Deltic Timber Corp (NYSE:DEL) news was published by Prnewswire.com which published an article titled: “Deltic Timber Corporation Announces Executive Transition” on October 10, 2016.

DEL Company Profile

Deltic Timber Corporation, incorporated on September 4, 1996, is a vertically integrated natural resources company. The Firm is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four divisions: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s approximately four real estate developments and a related country club operation, and Corporate. It is also engaged in real estate development in central Arkansas.

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