Coronavirus Dividend Cuts and Suspensions List

In this article, we discuss dividend cuts and suspensions starting during the COVID-19 pandemic and oil price wars. The list is updated monthly.

Currently, 756 total companies have cut the dividend since the end of January 2020 to the last update. This number is now well over approximately 10% of all companies that pay dividends on the NYSE and NASDAQ.

Please see the list of dividend cuts and suspensions at the bottom of the article. The searchable and sortable list is in table format. This dividend cut tracker is updated monthly .

Monthly dividend statistics are found on the Recent Dividend Increases tracker.

Most of the companies that have cut or suspended the dividend due to being impacted by COVID-19 are in the travel, leisure, hospitality, restaurant, REITs, or energy sectors.

The most prominent coronavirus dividend cuts and suspensions to date are Occidental Petroleum (OXY) – twice, Boeing (BA), Ford (F), General Motors (GM), Macy’s (M), Cracker Barrel (CBRL), Marriott International (MAR), GAP (GPS), Disney (DIS), Expedia (EXPE), Tanger Factory Outlet Centers (SKT), Southwest Airlines (LUV), Halliburton (HAL), Rollins (ROL), Urstadt Biddle Properties (UBA), Chico’s FAS (CHS), Kite Realty Group (KRG), Ventas (VTR), Host Hotels & Resorts (HST), Simon Property Group (SPG), Dominion Energy (D), Levi Strauss (LEVI), Wells Fargo (WFC), Macerich (MAC), BP PLC (BP), Vornado Realty (VNO), Capital One Financial (COF), Alliance Bernstein (AB). Blackstone Group (BX), Wyndham Destinations (WYND), Daimler AG (DDAIF), Renault S.A. (RNSDF), Prudential PLC (PUK), Yum China Holdings (YUMC), R.R. Donnelly & Sons (RRD), Foot Locker (FL), Kimco Realty (KIM), Dick’s Sporting Goods (DKS), American Eagle Outfitters (AEO), Anheuser-Busch InBev (BUD), Molson Coors Beverage (TAP), Spirit AeroSystems Holdings (SPR), Energy Transfer LP (ET), Extended Stay American (STAY), Danone SA ADR (DANOY), AT&T (T), International Paper (IP), Compass Minerals (CMP), PPL Corporation (PPL), Exelon (EXC), and several others.

April 2020 was a terrible month as the number of dividend cuts and suspensions was one of the worst on record. According to a recent article, the number of coronavirus dividend cuts and suspensions exceeded the number increasing the dividends for the first time since January 2009. But note that the total number of dividend cuts and suspensions will likely exceed the number during the Great Recession from 2008 – 2009. Thus, even fast-food company dividends may be at risk. This fact points to the need for thoroughly assessing dividend safety.

Note that I acknowledge this list is likely not complete. If you have a company to add to the list that I have missed, please post it to the comments below with the source or contact me on Twitter. The list also generally does not include closed-end funds or ‘CEFs’ or stocks that do not trade on U.S. exchanges for the most part. However, several Canadian stocks and stocks from other countries on the list trade in the U.S. and their home country. There are also European stocks that trade as ADRs on U.S. exchanges on the list. I will add a stock not on the list if my readers provide the ticker and the source.

Coronavirus Dividend Cuts and Suspensions Analyses

The 33 analyses in the list below are about companies that have cut or suspended their dividends during the pandemic. Some of them are favorites of dividend growth investors or investors seeking income.

• You can read my article on the cut and safety of Occidental Petroleum’s dividend. Occidental cut the regular quarterly dividend twice all the way from $0.76 per share to $0.01 per share. Ouch!
• I have also written an article on TJX Companies (TJX) surprising dividend suspension.
• An article on the second dividend cut in a the past couple of years for Anheuser-Busch InBev (BUD).
• My discussion on the suspension of Six Flags (SIX) dividend.
• My analysis of Helmerich & Payne (HP) cut to the dividend after 47 straight years of increases.
• My article on the historic dividend cut by Royal Dutch Shell (RDS.A) or (RDS.B) is also good reading.
• Disney’s Dividend Suspended because of COVID-19.
• My recent article on the dividend suspension of Tanger Factory Outlet Centers (SKT) is worth reading.
• The dividend suspension for Ross Stores (ROST) was a big deal for the dividend growth community. The company was relatively new to the Dividend Aristocrat list.
• Rollins (ROL) dividend was cut. This was a stock many dividend growth investors thought would become a Dividend Aristocrat and had a very safe dividend.
• My article on Southwest Airlines (LUV) dividend suspension was very popular.
• Urstadt Biddle Properties (UBA) cut their dividend after 26 years of dividend growth. The REIT is no longer a Dividend Champion.
• The dividend suspension by Meredith Corporation (MDP) after 27 years due to a decline in advertising revenue and leverage is interesting to read.
• I also published an article on the dividend cut by Ventas (VTR) due to declining occupancy in senior housing properties.
• My article on the Simon Property Group (SPG) and its dividend cut was very popular.
• The dividend cut by Dominion Energy (D) was not well received by investors. It was a favorite for this seeking income.
• My article on the deep dividend cut by Wells Fargo & Company (WFC) discusses declining net interest margin and limitations by the U.S. Federal Reserve.
• The dividend cut by Macerich Company (MAC) was steep.
• The dividend cut by BP PLC (BP) was the second by an oil major. The divided will likely be fixed moving forward.
• Foot Locker (FL) first suspended its dividend and then reinstated it at a lower level making it effectively a dividend cut.
• My article on Kimco Realty (KIM) covers the dividend suspension, reinstatement at a lower level, and effective dividend cut.
• I discuss Wyndham Destinations (WYND) dividend cut.
• Darden Restaurants (DRI) suspended then reinstated the dividend at a lower level. This is effectively a dividend cut.
• Marriott International (MAR) suspended its dividend early in the coronavirus pandemic.
• Molson Coors Beverage (TAP) suspended its dividend due to local government restrictions and and social distancing.
• Cheesecake (CAKE) Factory dividend was suspended as sales dropped and local government restricted the number of diners.
• The dividend cut by AT&T (T) was unexpected and big.
• International Paper (IP) was an unexpected dividend cut.
• Weyco Group (WEYS) is no longer a Dividend Champion after freezing its dividend.
• Mercury General (MCY) cut its dividend after 35 years of increases.
• B&G Foods (BGS) cuts its dividend because of too high debt from acquisitions.
• Industrial Logistics Properties Trust (ILPT) cut its dividend because of an acquisition and rising interest expense.
• SL Green Realty (SLG) Dividend Cut because of decelerating growth and a weak balance sheet.

Dividend Grower and Dividend Paying Stocks Perform Better Over Time

Over more extended periods, dividends tend to go up due to higher company earnings and inflation. Most of us know that stocks that grow or pay a dividend tend to have higher long-term returns. These stocks tend to have not only higher returns but also lower volatility as measured by beta. Of course, a dividends’ contribution to total return varies by decade. But from 1930 to 2018, dividends provided 43% of total returns.

Between 1973 and 2021, Dividend Growers & Initiators had total annual returns of 10.68% with a beta of 0.88. Dividend Payers had total annual returns of 9.60% with a beta of 0.94. Companies that did not change the dividend had total annual returns of 7.08% with a beta of 1.01. Companies that did not pay a dividend had total annual returns of 4.79% with a beta of 1.18. But the worst were companies that cut or eliminated the dividend with total annual returns of (-0.46%) and a beta of 1.22. It seems simplistic then to choose stocks that pay a dividend.

Short-Term Declines in Dividends Have Happened in The Past

But with that said, there are short-term declines in periods of economic contraction. For example, dividends of many banks, automotive companies, and REITs were cut during the Great Recession. A similar event also happened during World War I, The Great Depression, and World War II. Moreover, some of the declines were severe. For example, an article on Seeking Alpha indicates that:

• Post-World War One recession and the Spanish flu pandemic (1918-1926): Dividends declined by as much as 33%
• The Great Depression (1931-1937): Dividends declined by as much as 55%
• World War Two and related recessions (1937-1949): Dividends declined by as much as 48%
• Global Financial Crisis (2008-2012): Dividends declined by as much as 24%

Impact of the Coronavirus Pandemic on Dividends

The exact magnitude of dividend cuts and suspensions resulting from the coronavirus pandemic is unknown at this time. However, a recent study from the University of Chicago says that dividend growth will be reduced by as much as 28%. Note that the paper does not address the magnitude of dividend cuts.

Another recent article has said that companies are suspending dividends at the fastest pace in years. Reportedly, the cuts and suspensions have saved $23 billion for S&P 500 companies. A recent article also pointed out some large companies that are at risk for a dividend cut or suspension due to the coronavirus. Some of these have already done so.

A recent post about the S&P 500 Index indicates that the U.S. dollar value of dividend cuts outpaced dividend increases for the six months through June 2020. This period is unlike comparable six-month periods through June since 2013. The number of increases still outpaced the number of decreases. But you can see in the table below that the number of cuts or negative actions is more than 5X the previous peak. The magnitude of the increases must be small compared to the cuts.

Global Effect

Globally, dividends fell by $108.1 billion to $382.2 billion or 22% in the second quarter of 2020, according to the Janus Henderson Global Dividend Index commentary. The geographic areas that were most affected were the UK and Europe. In Europe, 54% of companies recused their dividend, and two-thirds of that suspended their dividends. The worst declines were in France, Spain, and Italy. Dividends in Switzerland and Germany faired better. In the UK, more than half of the companies cut or suspended their dividends. The rest of the world did better than Europe and the UK. North America did reasonably well and was flat the second quarter.

Despite the attention-grabbing headlines, many North American companies still raised their dividends, and the Canadian market had a net gain. You can see the relative difference between dividends paid and cuts by country in the figure below.

From an industry perspective, the two sectors most affected were financials and consumer discretionary. This fact was due to dividends cuts and suspensions by banks in Europe and the UK. On the other hand, the healthcare and communications sectors were more resistant to dividend cuts. You can see the relative difference between dividends paid and cuts by industry in the figure below.

The relative difference between the magnitudes of the cuts in each sector can be seen below.

Why are Dividends Cut or Suspended?

The main reason for the coronavirus dividend cuts or suspensions is to improve financial strength, including reducing cash flow burn rates. For some companies, the dividend is an important cash flow requirement. However, companies are also trying to improve liquidity and strengthen the balance sheet. Right now, most companies are raising cash on hand to deal with the uncertainties associated with the COVID-19 pandemic. Cash on hand will also permit companies to restart operations after the lockdowns and travel restrictions are lifted. This time will be a transition for most companies, and they will need liquidity to pay employees, order supplies and merchandise, and restart the dividends.

The statements in the preceding paragraph are supported by a research paper published on June 16, 2020. The article was titled “Dividend Suspensions and Cash Flow Risk during the Covid-19 Pandemic” by Professors David Pettunuzzo (Brandeis), Riccardo Sabbatucci (Stockholm School of Economics), and Allan Timmermann (UCSD). One finding was that businesses with high leverage and low profitability were more likely to have suspended their dividend during the coronavirus pandemic. Another interesting point was that dividend suspensions had a significant impact on expected future dividend growth and helped predict declines in measures of economic activity.

The researchers also compared dividend suspensions during the sub-prime mortgage crisis of the Great Recession period with dividend suspensions during the COVID-19 pandemic. Dividend suspensions were high in the Consumer Non-Durables, Consumer Durables, and Finance sectors during the Great Recession. On the other hand, dividend suspensions are high in Manufacturing, Oil, Gas, and Coal; Wholesale, Retail and Some Services; and Other sectors during the pandemic. Interestingly, there were zero dividend suspensions in the Utilities category (to date) during both periods. Utilities provide an essential service. Take a look at the table below.

Additional Coronavirus Dividend Cuts or Suspensions Are Possible

Investors who depend on dividends for much of their income should be ready for further cuts and suspensions in 2020. More companies will likely assess their dividends as Q2 2020 progresses. This action is mostly a matter of survival for them as they shore up their cash balances in the face of reduced consumer demand. A company has several choices to reduce cash flow and preserve cash balances. These include but are not limited to suspending share buybacks, reducing capital expenditures, cutting labor and operating costs, cutting executive salaries, drawing down revolving credit lines, and cutting or suspending the dividend.

Dealing With Investor Uncertainty

What to do in the near term? Whether to sell a dividend stock or not is a difficult question to answer. Pure dividend growth investors probably sell a stock on a divided cut. But reasons exist to hold stocks too after a cut or suspension.

Moreover, It will likely be challenging to stay motivated on the road to financial independence. But most dividend growth investors trying to build wealth know that they need an emergency fund to deal with unexpected events. Indeed, the coronavirus pandemic qualifies as one, and in our mind, it is a ‘Black Swan’ type of event. The emergency fund should be enough for at least three months of expenses at a minimum, in my opinion, and obviously, more extended periods are even better. One may also need to cut costs to reduce cash burn rates.

Because most of the U.S. is under travel restrictions and social distancing orders, this is likely a relatively easy task. No one is taking expensive vacations or eating dinner out at a nice restaurant at the moment. But a challenging exercise of evaluating and cutting non-essential expenses is essential to reduce cash burn rates.

2020 – 2024 Dividend Cuts and Suspensions List

Dividend Cuts and Suspensions - Updated 09/27/24

Company	Ticker	Date	Initial Dividend	Current Dividend	Link
Creative Media & Community Trust Corporation	CMCT	09/19/24	$0.09	$0.04	Source
Ready Capital	RC	09/17/24	$0.30	$0.25	Source
Summit State Bank	SSBI	09/13/24	$0.12	$0.04	Source
Apollo Commercial Real Estate Finance	ARI	09/11/24	$0.35	$0.25	Source
Hudson Pacific Properties	HPP	09/10/24	$0.05	$0.00	Source
Medical Properties Trust	MPW	08/23/24	$0.15	$0.08	Source
B. Riley Financial	RILY	08/12/24	$0.50	$0.00	Source
TriplePoint Ventures Growth	TPVG	08/08/24	$0.40	$0.30	Source
Genco Shipping & Trading	GNK	08/08/24	$0.42	$0.34	Source
TXO Partners	TXO	08/07/24	$0.65	$0.57	Source
NY Community Bancorp	NYCB	08/07/24	$0.03	$0.01	Source
Claros Mortgage Trust	CMTG	08/06/24	$0.25	$0.10	Source
Kimball Royalty Partners	KRP	08/02/24	$0.49	$0.42	Source
BrightSpire Capital	BRSP	08/01/24	$0.20	$0.16	Source
Intel	INTC	08/01/24	$0.125	$0.00	Source
CVR Partners	UAN	07/31/24	$1.92	$1.90	Source
Blackstone Mortgage Trust	BXMT	07/24/24	$0.62	$0.47	Source
Sachem Capital	SACH	07/19/24	$0.11	$0.08	Source
Kronos Worldwide	KRO	07/17/24	$0.19	$0.05	Source
Granite Point Mortgage Trust	GPMT	06/18/24	$0.15	$0.05	Source
Telephone and Data Systems	TDS	05/28/24	$0.19	$0.04	Source
National Bancshares	NKSH	05/17/24	$0.78	$0.73	Source
Cracker Barrel Old Country Store	CBRL	05/16/24	$1.30	$0.25	Source
Territorial Bancorp	TBNK	05/15/24	$0.05	$0.01	Source
3M Company	MMM	05/14/24	$1.51	$0.70	Source
Kennedy-Wilson Holdings	KW	05/10/24	$0.24	$0.12	Source
Sturm Ruger	RGR	05/09/24	$0.23	$0.16	Source
TPG	TPG	05/09/24	$0.44	$0.41	Source
Compass Minerals International	CMP	05/07/24	$0.15	$0.00	Source
NY Community Bancorp	NYCB	05/02/24	$0.05	$0.01	Source
Leggett & Platt	LEG	05/01/24	$0.46	$0.05	Source
Black Stone Minerals, LP	BSM	04/17/24	$0.48	$0.38	Source
Global Net Lease	GNL	04/01/24	$0.35	$0.28	Source
ATN International	ATN	03/18/24	$0.24	$0.21	Source
American Tower Corporation	AMT	03/15/24	$1.70	$1.62	Source
Granite Point Mortgage Trust	GPMT	03/14/24	$0.20	$0.15	Source
Ellington Financial	EFC	03/11/24	$0.15	$0.13	Source
Tri-Continental	TY	03/01/24	$0.277	$0.256	Source
B. Riley Financial	RILY	02/29/24	$1.00	$0.50	Source
Big 5 Sporting Goods	BGFV	02/29/24	$0.125	$0.05	Source
Great Ajax	AJX	02/28/24	$0.11	$0.10	Source
Fidelity National Information Services	FIS	02/26/24	$0.52	$0.36	Source
Newmont	NEW	02/23/24	$0.40	$0.25	Source
Bridge Investment Group Holdings	BRDG	02/23/24	$0.17	$0.07	Source
Ares Commercial Real Estate	ACRE	02/23/24	$0.33	$0.25	Source
Mountain Commerce Bancorp	MCBI	02/22/24	$0.16	$0.08	Source
Kimball Royalty Partners LP	KRP	02/22/24	$0.51	$0.43	Source
International Flavors & Fragrances	IFF	02/22/24	$0.81	$0.40	Source
JBG SMITH Properties	JBGS	02/16/24	$0.225	$0.175	Source
NuSkin Enterprises	NUS	02/15/24	$0.39	$0.06	Source
TPG	TPG	02/14/24	$0.48	$0.44	Source
New York Community Bank	NYCB	01/31/24	$0.17	$0.05	Source
Office Properties Income Trust	OPI	01/12/24	$0.25	$0.01	Source
Walgreens Boots Alliance	WBA	01/05/24	$0.48	$0.25	Source
Finward Bancorp	FNWD	12/26/23	$0.31	$0.12	Source
Ready Capital	RC	12/15/23	$0.36	$0.30	Source
New York Mortgage Trust	NYMT	12/15/23	$0.30	$0.20	Source
ARMOUR Residential REIT	ARR	12/14/23	$0.40	$0.24	Source
Medifast	MED	12/13/23	$1.65	$0.00	Source
W.P. Carey	WPC	12/07/23	$1.0485	$0.86	Source
Greif Cl B	GEF.B	12/06/23	$0.78	$0.77	Source
Vornado Realty Trust	VNO	12/06/23	$0.38	$0.30	Source
Danaher	DHR	12/05/23	$0.27	$0.24	Source
SL Green	SLG	12/04/23	$0.27	$0.25	Source
First Financial	THFF	11/21/23	$0.54	$0.45	Source
Western Asset Mortgage Capital	WMC	11/20/23	$0.14	$0.10	Source
Great Ajax	AJX	11/02/23	$0.20	$0.11	Source
Chimera Investment	CIM	11/02/23	$0.18	$0.11	Source
Territorial Bancorp	TBNK	10/31/23	$0.23	$0.05	Source
Big 5 Sporting Goods	BGFV	10/31/23	$0.25	$0.125	Source
PetMed Express	PETS	10/30/23	$0.30	$0.00	Source
V.F. Corporation	VFC	10/30/23	$0.30	$0.09	Source
First Foundation	FFWM	10/27/23	$0.02	$0.01	Source
Kellanova	K	10/27/23	$0.60	$0.56	Source
Sachem Capital	SACH	10/23/23	$0.13	$0.11	Source
Orchid Island Capital	ORC	10/11/23	$0.16	$0.12	Source
Global Net Lease	GNL	10/03/23	$0.400	$0.354	Source
Waterstone Financial	WSBF	09/26/23	$0.20	$0.15	Source
Investment Credit Management BDC	ICMB	09/21/23	$0.13	$0.12	Source
Brandywine Realty Trust	BDN	09/20/23	$0.19	$0.15	Source
Claros Mortgage Trust	CMTG	09/15/23	$0.37	$0.25	Source
Ready Capital	RE	09/15/23	$0.40	$0.36	Source
Hawaiian Electric	HE	08/24/23	$0.36	$0.00	Source
Chicago Rivet & Machine	CVR	08/23/23	$0.22	$0.10	Source
Foot Locker	FL	08/23/23	$0.40	$0.00	Source
Medical Properties Trust	MPW	08/21/23	$0.29	$0.15	Source
Mativ Holdings	MATV	08/09/23	$0.40	$0.10	Source
Consol Energy	CEIX	08/08/23	$1.10	$0.00	Source
TXO Energy Pertners L.P.	TXO	08/08/23	$0.50	$0.48	Source
Icahn Enterprises L.P.	IEP	08/04/23	$2.00	$1.00	Source
Camping World Holdings	CWH	08/02/23	$0.625	$0.125	Source
Piedmont Office Realty Trust	PDM	07/27/23	$0.210	$0.125	Source
BorgWarner	BWA	07/27/23	$0.17	$0.13	Source
United Guardian	UG	07/18/23	$0.37	$0.10	Source
Two Harbors Investment	TWO	06/21/23	$0.60	$0.45	Source
Trinseo	TSE	06/16/23	$0.14	$0.01	Source
Cherry Hill Mortgage Investment	CHMI	06/15/23	$0.27	$0.15	Source
AFC Gamma	AFCG	06/15/23	$0.56	$0.48	Source
Paramount Group	PGRE	06/15/23	$0.077	$0.035	Source
Chimera Investment	CIM	06/14/23	$0.23	$0.18	Source
Redwood Trust	RWT	06/14/23	$0.23	$0.16	Source
Hudson Pacific Properties	HPP	06/09/23	$0.250	$0.125	Source
New York Mortgage Trust	NYMT	06/06/23	$0.40	$0.30	Source
Citizens Holding	CIZN	06/02/23	$0.24	$0.16	Source
Urstadt Biddle Properties	UBP	06/01/23	$0.2250	$0.2083	Source
Advance Auto Parts	AAP	05/31/23	$1.50	$0.25	Source
Big Lots	BIG	05/23/23	$0.30	$0.00	Source
Newell Brands	NWL	05/16/23	$0.23	$0.07	Source
National Bancshares	NKSH	05/11/23	$0.78	$0.73	Source
Crescent Energy	CRGY	05/10/23	$0.17	$0.15	Source
Paramount Global	PARA	05/09/23	$0.24	$0.05	Source
PacWest Bancorp	PACW	05/08/23	$0.25	$0.01	Source
Bridge Investment	BRDG	05/08/23	$0.17	$0.15	Source
City Office REIT	CIO	05/05/23	$0.20	$0.10	Source
Great Ajax	AJX	05/05/23	$0.25	$0.20	Source
Enviva	EVA	05/04/23	$0.905	$0.00	Source
First Foundation	FFWM	04/27/23	$0.11	$0.02	Source
Vornado Realty Trust	VNO	04/26/23	$0.375	$0.00	Source
HomeStreet	HMST	04/24/23	$0.35	$0.10	Source
Via Renewables	VIA	04/19/23	$0.91	$0.00	Source
Office Properties Income Trust	OPI	04/13/23	$0.55	$0.25	Source
Invesco Mortgage Capital	IVR	03/27/23	$0.650	$0.400	Source
Western Asset Mortgage Capital	WMC	03/22/23	$0.40	$0.35	Source
First Republic Bank	FRC	03/16/23	$0.27	$0.00	Source
BK Technologies	BKTI	03/16/23	$0.03	$0.00	Source
Calavo Growers	CVGW	03/14/23	$0.29	$0.10	Source
Manhattan Bridge Capital	LOAN	03/13/23	$0.1250	$0.1125	Source
Great Elm Capital	GECC	03/13/23	$0.45	$0.35	Source
AMEN Properties	AMEN	03/10/23	$12.50	$10.00	Source
Bridge Investment Group	BRDG	03/08/23	$0.27	$0.17	Source
Great Ajax	AJX	03/03/23	$0.27	$0.25	Source
Eagle Bulk Shipping	EGLE	03/02/23	$1.80	$0.60	Source
Newtek One	NEWT	02/28/23	$0.700	$0.018	Source
Kimball Royalty Partners	KRP	02/23/23	$0.49	$0.48	Source
Newmont	NEM	02/23/23	$0.55	$0.40	Source
Intel	INTC	02/22/23	$0.365	$0.125	Source
Coterra Energy	CTRA	02/22/23	$0.68	$0.57	Source
Marine Petroleum Trust	MARPS	02/17/23	$0.2443	$0.1593	Source
ARMOUR Residential REIT	ARR	02/15/23	$0.10	$0.08	Source
Healthcare Services Group	HCSG	02/15/23	$0.22	$0.00	Source
ECA Marcellus Trust	ECTM	02/10/23	$0.136	$0.124	Source
Bebe Stores	BEBE	02/09/23	$0.15	$0.02	Source
MGM Resorts	MGM	02/08/23	$0.01	$0.00	Source
V.F. Corp	VFC	02/07/23	$0.51	$0.30	Source
Hanesbrand	HBI	02/02/23	$0.15	$0.00	Source
Vornado Realty Trust	VNO	01/18/23	$0.530	$0.375	Source
Algonquin Power & Utilities	AQN	01/12/23	$0.1808	$0.1085	Source
KNOP Offshore Partners LP	KNOP	01/12/23	$0.52	$0.03	Source
Gladstone Commercial	GOOD	01/10/23	$0.13	$0.10	Source
BP Prudhoe Bay Royalty Trust	BPT	01/06/23	$0.7031	$0.2974	Source
Granite Point Mortgage Trust	GPMT	12/20/22	$0.25	$0.20	Source
AG Mortgage Investment Trust	MITT	12/20/22	$0.21	$0.18	Source
Ready Capital	RC	12/15/22	$0.42	$0.40	Source
Meritage Hospitality Group	MHGU	12/15/22	$0.12	$0.06	Source
Ready Capital	RC	12/15/22	$0.42	$0.40	Source
Alico	ALCO	12/14/22	$0.50	$0.05	Source
MFA Financial	MFA	12/14/22	$0.44	$0.35	Source
Douglas Emmett	DEI	12/08/22	$0.28	$0.19	Source
PennyMac Mortgage Investment Trust	PMT	12/07/22	$0.47	$0.40	Source
SL Green Realty	SLG	12/05/22	$0.3108	$0.2708	Source
Bridge Investment Group	BRDG	11/30/22	$0.30	$0.27	Source
United-Guardian	UG	11/21/22	$0.37	$0.31	Source
Angel Oak Mortgage	AOMR	11/18/22	$0.45	$0.32	Source
Tekla Health Investors	HQH	11/16/22	$0.40	$0.39	Source
Broadmark Realty Capital	BRMK	11/16/22	$0.070	$0.035	Source
Investcorp Credit Management	ICMB	11/15/22	$0.15	$0.13	Source
Kingstone	KINS	11/15/22	$0.04	$0.00	Source
B&G Foods	BGS	11/09/22	$0.475	$0.19	Source
Southern Copper	SCCO	11/07/22	$0.75	$0.50	Source
Byline Bancorp	BY	11/04/22	$0.0900	$0.0349	Source
Lumen Technologies	LUMN	11/02/22	$0.25	$0.00	Source
Devon Energy	DVN	11/01/22	$1.55	$1.35	Source
Sachem Capital	SACH	10/27/22	$0.14	$0.13	Source
Fortress Transportation	FTAI	10/27/22	$0.33	$0.30	Source
VOC Energy Trust	VOC	10/20/22	$0.380	$0.365	Source
BP Prudhoe Bay Royalty Trust	BPT	10/13/22	$1.4050	$0.7031	Source
MV Oil Trust	MVO	10/05/22	$0.700	$0.685	Source
Medalist Diversified REIT	MDRR	10/04/22	$0.02	$0.01	Source
Generation Income Properties	GIPR	10/04/22	$0.54	$0.39	Source
Invesco Mortgage Capital	IVR	09/28/22	$0.91	$0.65	Source
Steelcase	SCS	09/21/22	$0.145	$0.10	Source
Chimera Investment	CIM	09/21/22	$0.33	$0.23	Source
The Marketing Alliance	MAAL	09/12/22	$0.07	$0.05	Source
Presidio Property Trust	SQFT	09/02/22	$0.106	$0.02	Source
Newtek Business	NEWT	08/30/22	$0.75	$0.65	Source
TPG	TPG	08/17/22	$0.44	$0.39	Source
Mativ Holdings	MATV	08/09/22	$0.44	$0.40	Source
Southern Copper	SCCO	08/09/22	$1.25	$0.75	Source
Sturm, Ruger & Company	RGR	08/03/22	$0.68	$0.47	Source
Rio Tinto	RIO	07/27/22	$5.61	$2.31	Source
Weber	WEBR	07/25/22	$0.04	$0.00
Encompass Health	EHC	07/20/22	$0.28	$0.15	Source
Industrial Logistics Properties	ILPT	07/14/22	$0.33	$0.01	Source
Franklin Street Properties	FSP	07/05/22	$0.09	$0.01	Source
Healthcare Realty Trust	HR	07/01/22	$0.310	$0.201	Source
Golden Ocean	GOGL	05/24/22	$0.90	$0.50	Source
United Guardian	UG	05/19/22	$0.65	$0.37	Source
Sculptor Capital Management	SCU	05/16/22	$0.28	$0.11	Source
Eagle Bulk Shipping	EGLE	05/12/22	$2.05	$2.00	Source
CVR Partners, LP	UAN	05/11/22	$5.24	$2.26	Source
National CineMedia	NCMI	05/09/22	$0.05	$0.03	Source
Sissecam Resources LP	SIRE	05/06/22	$0.65	$0.50	Source
Oasis Petroleum	OAS	05/04/22	$3.00	$2.94	Source
Ellington Residential Mortgage REIT	EARN	05/02/22	$0.10	$0.08	Source
Western Asset Management	WEC	03/23/22	$0.06	$0.04	Source
Orchid Island Capital	ORC	03/16/22	$0.055	$0.045	Source
Lument Financial Trust	LFT	03/15/22	$0.09	$0.06	Source
360 DigiTech	QFIN	03/12/22	$0.28	$0.26	Source
Gouverneur Bancorp	GOVB	03/09/22	$0.12	$0.10
Bridge Investment Group	BRDG	03/09/22	$0.24	$0.21	Source
James River Group Holdings	JRVR	03/02/22	$0.30	$0.05	Source
PPL Corporation	PPL	02/18/22	$0.42	$0.20	Source
Exelon	EXC	02/08/22	$0.3825	$0.3375	Source
Compass Diversified	CODI	01/05/22	$0.36	$0.25	Source
Compass Minerals	CMP	11/15/21	$0.72	$0.15	Source
Sturm, Ruger & Company	RGR	11/03/21	$1.00	$0.79	Source
Sprague Resources LP	SRLP	10/25/21	$0.6675	$0.4338	Source
Permian Basin Royalty Trust	PBT	10/19/21	$0.0231	$0.0224	Source
CatchMark Timber	CTT	10/18/21	$0.135	$0.075	Source
International Paper	IP	10/12/21	$.51	$0.46	Source
San Juan Basin Royalty Trust	SJT	09/21/21	$0.0847	$0.0369	Source
PermRock Royalty Trust	PRT	09/21/21	$0.06	$0.05	Source
Permianville Roylaty Trust	PVL	09/17/21	$0.031	$0.021	Source
Capstead Mortgage	CMO	09/17/21	$0.15	$0.0725	Source
Eneti	NETI	08/17/21	$0.05	$0.01	Source
International General Insurance	IGIC	08/12/21	$0.17	$0.16	Source
Washington Real Estate	WRE	07/29/21	$0.30	$0.17	Source
Hoegh LNG Partners LP	HMLP	07/27/21	$0.44	$0.01	Source
Shell Midstream Energy Partners L.P.	MPLX	07/22/21	$0.46	$0.30	Source
DTE Energy	DTE	06/24/21	$1.09	$0.825	Source
National Health Investors	NHI	06/03/21	$1.10	$0.90	Source
AT&T	T	05/17/21	$0.52		Source
Gap	GPS	05/11/21	$0.2425	$0.12	Source
HollyFrontier	HFC	05/05/21	$0.35	$-	Source
Genie Energy	GNE	03/11/21	$0.09	$-	Source
Tri-Continental	TY	03/05/21	$0.2679	$0.2455	Source
Acadia Realty Trust	AKR	03/05/21	$0.29	$-	Source
Danone S.A. ADR	DANOY	02/19/21	€ 2.10	€ 1.94	Source
Antero Midstream	AM	02/17/21	$0.31	$0.23	Source
Corby Spirit and Wine	CBYDF	02/11/21	$0.22	$0.21	Source
Healthpeak Properties	PEAK	02/09/21	$0.37	$0.30	Source
DHT Holdings	DHT	02/08/21	$0.20	$0.05	Source
Pzena Investment Management	PZN	02/02/21	$0.30	$0.25	Source
JD Bancshares	JDVB	01/21/21	$0.59	$0.45	Source
RioCan Real Estate Investment Trust	RIOCF	01/15/21	$0.12	$0.08	Source
RiverNorth Opportunities Fund	RIV	01/05/21	$0.18	$0.17	Source
Trinseo S.A.	TSE	12/16/20	$0.40	$0.08	Source
Paramount Group	PGRE	12/15/20	$0.10	$0.07	Source
Greif	GEF.B	12/08/20	$0.66	$0.65	Source
Crazy Woman Creek Bancorp	CRZY	12/02/20	$0.33	$0.30	Source
United Guardian	UG	11/20/20	$0.42	$0.36	Source
United Fire Group	UFCS	11/20/20	$0.33	$0.15	Source
Nordic American Tankers	NAT	11/17/20	$0.20	$0.04	Source
Retail Value	RVI	11/13/20	$2.05	$1.16	Source
Israel Chemicals	ICL	11/13/20	$0.28	$0.23	Source
Newtek Business	NEWT	11/11/20	$0.58	$0.47	Source
Rattler Midstream LP	RTLR	11/05/20	$0.29	$0.20	Source
Computer Programs and Systems	CPSI	11/05/20	$0.10	$-	Source
Delek US Holdings	DK	11/04/20	$0.31	$-	Source
North European Oil Roylty Trust	NRT	10/30/20	$0.08	$0.02	Source
Dover Motorsports	DVD	10/28/20	$0.10	$0.07	Source
Energy Transfer LP	ET	10/26/20	$0.31	$0.15	Source
Canadian Banc Corp	CNDCF	10/21/20	$0.06	$0.06	Source
Elmer Bancorp	ELMA	10/01/20	$0.30	$0.16	Source
Mack-Cali Realty	CLI	09/30/20	$0.20	$-	Source
Berkshire Hills Bancorp	BHLB	09/08/20	$0.24	$0.12	Source
Gouverneur Bancorp	GOVB	09/02/20	$0.17	$0.12	Source
Royce Value Trust	RVT	09/01/20	$0.26	$0.25	Source
Frontline	FRO	08/27/20	$0.70	$0.50	Source
Empire State Realty Trust	ESRT	08/27/20	$0.11	$-	Source
Raven Industries	RAVN	08/26/20	$0.13	$-	Source
Marine Petroleum Trust	MARPS	08/21/20	$0.10	$0.04	Source
Cominar Real Estate Investment Trust	CMLEF	08/18/20	$0.06	$0.03	Source
Aegeon N.V.	AEG	08/13/20	€ 0.15	€ 0.06	Source
Prudential PLC	PUK	08/12/20	$0.12	$0.05	Source
Brigham Minerals	MNRL	08/12/20	$0.37	$0.14	Source
Xperi Holding	XPER	08/10/20	$0.20	$0.05	Source
Garrison Capital	GARS	08/10/20	$0.15	$0.05	Source
BlackRock TCP Capital	TCPC	08/06/20	$0.36	$0.30	Source
GEO Group	GEO	08/06/20	$0.48	$0.34	Source
Altabancorp	ALTA	08/06/20	$0.14	$0.13	Source
Apollo Investment	AINV	08/06/20	$0.45	$0.31	Source
Chesapeake Granite Wash Trust	CHKR	08/05/20	$0.03	$0.01	Source
TCG BDC	CGBD	08/04/20	$0.37	$0.32	Source
BP PLC	BP	08/04/20	$0.63	$0.32	Source
Viper Energy	VNOM	08/03/20	$0.10	$0.03	Source
Capital Product Partners	CPLP	07/31/20	$0.35	$0.10	Source
Capital One Financial	COF	07/31/20	$0.40	$0.10	Source
Vornado Realty Trust	VNO	07/30/20	$0.66	$0.53	Source
Hanmi Financial	HAFC	07/29/20	$0.24	$0.08	Source
Pacific Financial	PFLC	07/28/20	$0.11	$0.08	Source
Maxim Integrated Products	MXIM	07/28/20	$0.48	$-	Source
Martin Midstream Partners LP	MMLP	07/28/20	$0.06	$0.01	Source
Boston Private Financial	BPFH	07/28/20	$0.12	$0.06	Source
Kimbell Royalty Partners	KRP	07/24/20	$0.17	$0.13	Source
Suburban Propane Partners	SPH	07/23/20	$0.60	$0.30	Source
Mullen Group	MLLGF	07/23/20	$0.05	$0.03	Source
Dorcester Minerals	DMLP	07/23/20	$0.48	$0.23	Source
Blackstone Group	BX	07/23/20	$0.39	$0.37	Source
AllianceBernstein	AB	07/23/20	$0.64	$0.61	Source
San Juan Basin Royalty Trust	SJT	07/21/20	$0.08	$-	Source
Wyndham Destinations	WYND	07/20/20	$0.50	$0.30	Source
MetroCity Bankshares	MCBS	07/15/20	$0.77	$0.09	Source
Codorus Valley Bancorp	CVLY	07/15/20	$0.16	$0.10	Source
Wells Fargo & Company	WFC	07/14/20	$0.51	$0.10	Source
Saratoga Investment	SAR	07/08/20	$0.56	$0.40	Source
Daimler AG	DDAIF	07/08/20	€ 3.25	€ 0.90	Source
RiverNorth Specialty Finance	RSF	07/07/20	$0.18	$0.15	Source
Levi Strauss	LEVI	07/07/20	$0.08	$-	Source
MV Oil Trust	MVO	07/06/20	$0.19	$-	Source
Dominion Energy	D	07/05/20	$0.94	$0.63	Source
Stellus Capital Investment	SCM	07/01/20	$0.34	$0.25	Source
Simon Property Group	SPG	06/29/20	$2.10	$1.30	Source
Ventas	VTR	06/19/20	$0.79	$0.45	Source
Permian Basin Royalty Trust	PBT	06/19/20	$0.02	$0.00	Source
Mesa Royalty Trust	MTR	06/19/20	$0.02	$-	Source
Armanino Foods of Distinction	AMNF	06/19/20	$0.03	$0.02	Source
Saga Communications	SGA	06/18/20	$0.32	$-	Source
Kite Realty Group Trust	KRG	06/18/20	$0.32	$0.05	Source
Cherry Hill Mortgage Investment	CHMI	06/18/20	$0.40	$0.27	Source
TPG RE Finance Trust	TRTX	06/17/20	$0.43	$0.20	Source
CoreCivic	CXW	06/17/20	$0.44	$-	Source
Apollo Commerical Real Estate	ARI	06/16/20	$0.40	$0.35	Source
Ready Capital	RC	06/15/20	$0.40	$0.25	Source
Permianville Royalty Trust	PVL	06/15/20	$0.02	$0.00	Source
Independence Realty Trust	IRT	06/15/20	$0.18	$0.12	Source
Plymouth Industrial REIT	PLYM	06/12/20	$0.38	$0.20	Source
Annaly Capital Management	NLY	06/10/20	$0.25	$0.22	Source
Dynex Capital	DX	06/10/20	$0.15	$0.13	Source
Crown Crafts	CRWS	06/10/20	$0.08	$-	Source
Chimera Investments	CIM	06/10/20	$0.50	$0.30	Source
Chico's FAS	CHS	06/10/20	$0.09	$-	Source
Urstadt Biddle Properties	UBA	06/08/20	$0.28	$0.06	Source
Taubman Centers	TCO	06/05/20	$0.68	$-	Source
A.H. Belo	AHC	06/03/20	$0.08	$0.04	Source
Pennant Park Investment	PNNT	06/02/20	$0.18	$0.12	Source
Oxford Square Capital	OXSQ	06/02/20	$0.07	$0.04	Source
Buckle	BKE	06/02/20	$0.30	$-	Source
Flexsteel Industries	FLXS	06/01/20	$0.22	$0.05	Source
Occidental Petroleum	OXY	05/29/20	$0.11	$0.01	Source
Valhi	VHI	05/28/20	$0.24	$0.08	Source
Lamar Advertising Agency	LAMR	05/28/20	$1.00	$0.50	Source
Ladder Capital	LADR	05/28/20	$0.34	$0.20	Source
DXC Technology	DXC	05/28/20	$0.21	$-	Source
United Bancshares	UBOH	05/27/20	$0.14	$0.07	Source
Ralph Lauren	RL	05/27/20	$0.6875	$-	Source
Big 5 Sporting Goods	BGFV	05/27/20	$0.10	$-	Source
Magic Software Enterprises	MGIC	05/26/20	$0.16	$0.08	Source
Elbit Systems	ESLT	05/26/20	$0.44	$0.35	Source
Molson Coors Beverage	TAP	05/22/20	$0.57	$-	Source
Foot Locker	FL	05/22/20	$0.40	$-	Source
America First Multifamily Investors	ATAX	05/22/20	$0.13	$0.06	Source
Abercrombie & Fitch	ANF	05/22/20	$0.20	$-	Source
Ross Stores	ROST	05/21/20	$0.29	$-	Source
Old Dominion Freight Line	ODFL	05/21/20	$0.15	$0.15	Source
Invacare	IVC	05/21/20	$0.01	$-	Source
VEREIT	VER	05/20/20	$0.14	$0.08	Source
SFL	SFL	05/20/20	$0.35	$0.25	Source
National Oilwell Varco	NOV	05/20/20	$0.05	$-	Source
National Bankshares	NKSH	05/20/20	$0.72	$0.67	Source
Haverty Furniture Companies	HVT	05/20/20	$0.20	$0.15	Source
Halliburton	HAL	05/20/20	$0.18	$0.05	Source
Elmira Savings Bank	ESBK	05/20/20	$0.23	$0.15	Source
Interface	TILE	05/19/20	$0.07	$0.01	Source
Extended Stay America	STAY	05/19/20	$0.23	$0.01	Source
Red Rock Resorts	RRR	05/19/20	$0.10	$-	Source
ARMOUR Residential REIT	ARR	05/19/20	$0.17	$0.09	Source
Imperial Brands PLC	IMBBY	05/18/20	$0.89	$0.59	Source
Tekla Healthcare Investors	HQH	05/18/20	$0.47	$0.41	Source
Cross Timbers Realty Trust	CRT	05/18/20	$0.09	$0.06	Source
Crawford & Company	CRD.A	05/18/20	$0.07	$0.03	Source
Crawford & Company	CRD.A	05/18/20	$0.07	$0.03	Source
PB Logistics LP	PBLX	05/15/20	$0.52	$0.30	Source
PBF Logisitcs LP	PBFX	05/15/20	$0.52	$0.30	Source
Viad	VVI	05/14/20	$0.10	$-	Source
Strattec Security	STRT	05/14/20	$0.14	$-	Source
Melco Resorts & Entertainment	MLCO	05/14/20	$0.17	$-	Source
Condor Hospitality Trust	CDOR	05/14/20	$0.20	$-	Source
Braemer Hotels & Resorts	BHR	05/14/20	$0.16	$-	Source
Penske Automotive Group	PAG	05/13/20	$0.42	$-	Source
Linamar Corporation	LIMAF	05/13/20	$0.09	$0.04	Source
Jack In The Box	JACK	05/13/20	$0.40	$-	Source
Ituran Location and Control	ITRN	05/13/20	$0.24	$-	Source
International Game Technology PLC	IGT	05/13/20	$0.20	$-	Source
bebe stores	BEBE	05/13/20	$0.17	$0.06	Source
Artisan Partners Asset Management	APAM	05/13/20	$0.68	$0.61	Source
Wyndham Hotels & Resorts	WH	05/12/20	$0.32	$0.08	Source
Psychmedics	PMD	05/12/20	$0.18	$-	Source
Cantel Medical	CMD	05/12/20	$0.11	$-	Source
AstroNova	ALOT	05/12/20	$0.07	$-	Source
Allegiant Travel	ALGT	05/12/20	$0.70	$-	Source
Tanger Factory Outlet Centers	SKT	05/11/20	$0.3575	$-	Source
Salem Media Group	SALM	05/11/20	$0.03	$-	Source
RPT Realty	RPT	05/11/20	$0.22	$-	Source
Rocky Mountain Chocolate Factory	RMCF	05/11/20	$0.12	$-	Source
Medley Capital	MCC	05/11/20	$1.06	$-	Source
Investcorp Credit Management BDC	ICMB	05/11/20	$0.25	$0.15	Source
Ethan Allen Interiors	ETH	05/11/20	$0.21	$-	Source
Coty	COTY	05/11/20	$0.13	$-	Source
Preferred Apartment Communities	APTS	05/11/20	$0.2625	$0.175	Source
Monroe Capital	MRCC	05/09/20	$0.35	$0.25	Source
Domtar	UFS	05/08/20	$0.455	$-	Source
Solar Senior Capital	SUNS	05/08/20	$0.12	$0.10	Source
New Senior Investment Group	SNR	05/08/20	$0.13	$0.07	Source
U.S Silica	SLCA	05/08/20	$0.02	$-	Source
Sunstone Hotel Investors	SHO	05/08/20	$0.05	$-	Source
Outfront Media	OUT	05/08/20	$0.38	$-	Source
OFS Capital	OFS	05/08/20	$0.34	$0.17	Source
Kimco Realty	KIM	05/08/20	$0.28	$-	Source
Colony Capital	CLNY	05/08/20	$0.11	$-	Source
Exantas Capital	XAN	05/07/20	$0.275	$-	Source
Weingarten Realty Investors	WRI	05/07/20	$0.40	$0.18	Source
Salient Midstream & MLP Fund	SMM	05/07/20	$0.24	$0.17	Source
ProAssurance Corp	PRA	05/07/20	$0.31	$0.05	Source
Panhandle Oil and Gas	PHX	05/07/20	$0.04	$0.01	Source
Newmark Group	NMRK	05/07/20	$0.10	$0.01	Source
New Mountain Finance	NMFC	05/07/20	$0.34	$0.30	Source
Kontoor Brands	KTB	05/07/20	$0.56	$-	Source
Kingstone Companies	KINS	05/07/20	$0.0625	$0.04	Source
KAR Auction Services	KAR	05/07/20	$0.19	$-	Source
Host Hotels & Resorts	HST	05/07/20	$0.20	$-	Source
GasLog Partners	GLOP	05/07/20	$0.561	$0.125	Source
Falcon Minerals	FLMN	05/07/20	$0.14	$0.03	Source
THL Credit	FCRD	05/07/20	$0.21	$0.10	Source
Entravision	EVC	05/07/20	$0.05	$0.03	Source
BT Group plc	BTGOF	05/07/20	$0.08	$-	Source
BrightSphere Investment Group	BSIG	05/07/20	$0.10	$0.01	Source
Brixmor Property Group	BRX	05/07/20	$0.285	$-	Source
BG Staffing	BGSF	05/07/20	$0.30	$0.05	Source
Wynn Resorts	WYNN	05/06/20	$1.00	$-	Source
Western Asset Mortgage Capital	WMC	05/06/20	$0.31	$-	Source
Wendy's	WEN	05/06/20	$0.12	$0.05	Source
Welltower	WELL	05/06/20	$0.87	$0.61	Source
Marriott Vacations Worldwide	VAC	05/06/20	$0.54	$-	Source
CVR Partners LP	UAN	05/06/20	$0.07	$-	Source
Sculptor Capital	SCU	05/06/20	$0.53	$-	Source
Office Depot	ODP	05/06/20	$0.025	$-	Source
Marathon Oil	MRO	05/06/20	$0.05	$-	Source
Genco Shipping & Trading	GNK	05/06/20	$0.18	$0.02	Source
FS KKR Capital	FSK	05/06/20	$0.19	$0.15	Source
EPR Properties	EPR	05/06/20	$0.3825	$-	Source
Evolution Petroleum	EPM	05/06/20	$0.10	$0.03	Source
GrafTech International	EAF	05/06/20	$0.085	$0.01	Source
CVR Energy	CVR	05/06/20	$0.80	$0.40	Source
CVR Energy	CVI	05/06/20	$0.80	$0.40	Source
Cresecent Point Energy	CPG	05/06/20	$0.01	$0.00	Source
BlackRock Capital Investment	BKCC	05/06/20	$0.14	$0.10	Source
Amplify Energy	AMPY	05/06/20	$0.10	$-	Source
WestRock	WRK	05/05/20	$0.47	$0.20	Source
Suncor Energy	SU	05/05/20	$0.465	$0.21	Source
Sabine Royalty Trust	SBR	05/05/20	$0.26	$0.15	Source
Retail Properties of America	RPAI	05/05/20	$0.17	$-	Source
National CineMedia	NCMI	05/05/20	$0.19	$0.07	Source
The Walt Disney Company	DIS	05/05/20	$0.88	$-	Source
Carter's	CRI	05/05/20	$0.60	$-	Source
The Cheesecake Factory	CAKE	05/05/20	$0.36	$-	Source
Great Ajax	AJX	05/05/20	$0.32	$0.17	Source
Oxford Lane Capital	OXLC	05/04/20	$0.14	$0.07	Source
Summit Midstream Partners	SMLP	05/03/20	$0.13	$-	Source
Weyerhauser	WY	05/01/20	$0.34	$-	Source
Piper Sandler Companies	PIPR	05/01/20	$0.38	$0.20	Source
PacWest Bancorp	PACW	05/01/20	$0.60	$0.25	Source
NUStar Energy L.P.	NS	05/01/20	$0.60	$0.40	Source
National Research Corp.	NRC	05/01/20	$0.21	$-	Source
Methanex	MEOH	05/01/20	$0.36	$0.04	Source
Fluor	FLR	05/01/20	$0.10	$-	Source
Apollo Global Management	APO	05/01/20	$0.89	$0.42	Source
Woodward	WWD	04/30/20	$0.28	$0.08	Source
Western Digital	WDC	04/30/20	$0.50	$-	Source
Universal Logistics Holdings	ULH	04/30/20	$0.11	$-	Source
Terex	TEX	04/30/20	$0.12	$-	Source
SITE Centers	SITC	04/30/20	$0.20	$-	Source
Royal Dutch Shell	RDS.A	04/30/20	$0.94	$0.32	Source
MGM Resorts International	MGM	04/30/20	$0.15	$0.00	Source
Mercer International	MERC	04/30/20	$0.14	$0.07	Source
The Marcus Corporation	MCS	04/30/20	$0.17	$-	Source
Great Western Bancorp	GWB	04/30/20	$0.30	$0.15	Source
Gaming and Leisure Properties	GLPI	04/30/20	$0.70	$0.60	Source
Fidus Investment	FDUS	04/30/20	$0.39	$0.30	Source
Dunkin Brands	DNKN	04/30/20	$0.40	$-	Source
Alexander & Baldwin	ALEX	04/30/20	$0.19	$-	Source
Altra Industrial Motion	AIMC	04/30/20	$0.17	$0.04	Source
Armada Hoffler Properties	AHH	04/30/20	$0.22	$-	Source
American Airlines Group	AAL	04/30/20	$0.10	$-	Source
Winmark	WINA	04/29/20	$0.25	$0.05	Source
Standard Motor Products	SMP	04/29/20	$0.25	$-	Source
Rollins	ROL	04/29/20	$0.12	$0.08	Source
Marine Products	MPX	04/29/20	$0.12	$0.08	Source
Fresh Del Monte Produce	FDP	04/29/20	$0.10	$0.05	Source
Airbus SE ADR	EADSY	04/29/20	$0.47	$-	Source
Dine Brands Global	DIN	04/29/20	$0.76	$-	Source
Capital Properties Real Estate	CPTP	04/29/20	$0.07	$-	Source
Cadence Bancorporation	CADE	04/29/20	$0.18	$0.05	Source
Yum China Holdings	YUMC	04/28/20	$0.12	$-	Source
O-I Glass	OI	04/28/20	$0.05	$-	Source
Southwest Airlines	LUV	04/28/20	$0.18	$-	Source
Harley-Davidson	HOG	04/28/20	$0.38	$0.02	Source
Citi Trends	CTRN	04/28/20	$0.08	$-	Source
CorEnergy Infrastructure Trust	CORR	04/28/20	$0.75	$0.05	Source
American Assets Trust	AAT	04/28/20	$0.30	$0.20	Source
Universal Health Services	UHS	04/27/20	$0.20	$-	Source
NGL Energy Partners	NGL	04/27/20	$0.40	$0.20	Source
Knoll	KNL	04/27/20	$0.17	$0.04	Source
General Motors	GM	04/27/20	$0.38	$-	Source
Global Partners	GLP	04/27/20	$0.53	$0.39	Source
Equitrans Midstream	ETRN	04/27/20	$0.45	$0.15	Source
Equity Midstream Partners	EQM	04/27/20	$1.16	$0.39	Source
Copa Holdings	CPA	04/27/20	$0.80	$-	Source
CNX Midstream Partners	CNXM	04/27/20	$0.41	$0.08	Source
Affiliated Managers Group	AMG	04/27/20	$0.32	$0.01	Source
SandRidge Mississippina Trust I	SDT	04/25/20	$0.04	$0.04	Source
Southern Copper	SCCO	04/25/20	$0.40	$0.20	Source
Moog	MOG.A	04/24/20	$0.25	$-	Source
Holly Energy Partners	HEP	04/24/20	$0.67	$0.35	Source
Community West Bancshares	CWBC	04/24/20	$0.06	$0.05	Source
CONSOL Coal Resources LP	CCR	04/24/20	$0.51	$-	Source
USG Partners	USDP	04/23/20	$0.37	$0.11	Source
First Source	SRCE	04/23/20	$0.29	$0.28	Source
Patterson-UTI	PTEN	04/23/20	$0.04	$0.02	Source
SandRidge Permian Trust	PER	04/23/20	$0.08	$-	Source
Northern Technologies International	NTIC	04/23/20	$0.07	$-	Source
Lifetime Brands	LCUT	04/23/20	$0.04	$-	Source
Invesco	IVZ	04/23/20	$0.31	$0.16	Source
Expedia Group	EXPE	04/23/20	$0.34	$-	Source
Equinor ASA	EQNR	04/23/20	$0.26	$0.09	Source
DMC Global	BOOM	04/23/20	$0.13	$-	Source
Arch Resources	ARCH	04/23/20	$0.50	$-	Source
Alliance Data Systems	ADS	04/23/20	$0.63	$0.21	Source
STMicroelectronics	STM	04/22/20	$0.06	$0.04	Source
Retail Opportunity Investments	ROIC	04/22/20	$0.20	$-	Source
Manning & Napier	MN	04/22/20	$0.02	$-	Source
Moelis	MC	04/22/20	$0.51	$0.26	Source
Inter Parfums	IPAR	04/22/20	$0.33	$-	Source
Choice Hotel's International	CHH	04/22/20	$0.23	$-	Source
Bluegreen Vacations	BXG	04/22/20	$0.13	$-	Source
Black Stone Minerals	BSM	04/22/20	$0.30	$0.08	Source
BBX Capital	BBX	04/22/20	$0.06	$-	Source
Landmark Infrastructure Partners	LMRK	04/21/20	$0.37	$0.20	Source
HCA Healthcare	HCA	04/21/20	$0.43	$-	Source
Hyatt Hotels	H	04/21/20	$0.20	$-	Source
TechnipFMC PLC	FTI	04/21/20	$0.13	$0.03	Source
Anworth Mortgage Asset	ANH	04/21/20	$0.09	$0.05	Source
Western Midstream Partners	WES	04/20/20	$0.62	$0.31	Source
RBB Bancorp	RBB	04/20/20	$0.12	$0.06	Source
Meredith	MDP	04/20/20	$0.60	$-	Source
Hexel	HXL	04/20/20	$0.17	$-	Source
HDFC Bank Limited	HDFC	04/18/20	$0.32	$-	Source
VOC Energy Trust	VOC	04/17/20	$0.11	$0.03	Source
Schlumerger	SLB	04/17/20	$0.50	$0.13	Source
Orange S.A.	ORAN	04/17/20	$0.45	$0.23	Source
Las Vegas Sands	LVS	04/17/20	$0.79	$-	Source
Kohl's	KSS	04/17/20	$0.70	$-	Source
Chesapeake Energy (Preferred)	CHK	04/17/20	$1.13	$-	Source
InfraCap MLP ETF	AMZA	04/17/20	$0.30	$0.25	Source
MTS Systems Corporation	MTSC	04/16/20	$0.30	$-	Source
LVMH Moet Hennessy Louis Vuitton	LVMHF	04/16/20	$6.90	$5.20	Source
Goodyear Tire & Rubber	GT	04/16/20	$0.16	$-	Source
Green Plains Partners	GPP	04/16/20	$0.48	$0.12	Source
Cedar Fair	FUN	04/16/20	$0.94	$-	Source
Dana Incorproated	DAN	04/16/20	$0.10	$-	Source
Columbia Sportswear	COLM	04/16/20	$0.26	$-	Source
Surge Energy	ZPTAF	04/15/20	$0.00	$-	Source
Plantronics	PLT	04/15/20	$0.15	$-	Source
Noble Energy	NBL	04/15/20	$0.12	$0.02	Source
Kelly Services	KELYA	04/15/20	$0.08	$-	Source
Haldor Energy	HNRG	04/15/20	$0.04	$-	Source
HeadHunter Group	HHR	04/15/20	$0.50	$-	Source
Estee Lauder	EL	04/15/20	$0.48	$-	Source
Eagle Point Credit Company	ECC	04/15/20	$0.20	$0.08	Source
Cinemark Holdings	CNK	04/15/20	$0.36	$-	Source
Clevland-Cliffs	CLF	04/15/20	$0.06	$-	Source
Howmet Aerospace	HWM	04/14/20	$0.02	$-	Source
Gladstone Capital	GLAD	04/14/20	$0.07	$0.07	Source
Dick's Sporting Goods	DKS	04/14/20	$0.31	$-	Source
Covanta	CVA	04/14/20	$1.00	$0.32	Source
Anheuser-Busch InBev	BUD	04/14/20	$2.00	$1.00	Source
SkyWest	SKYW	04/13/20	$0.14	$-	Source
Publicis Group S.A.	PUBGY	04/13/20	$0.59	$0.30	Source
Mesabi Trust	MSB	04/13/20	$0.70	$0.56	Source
Harvest Capital Credit Corporation	HCAP	04/13/20	$0.08	$-	Source
Genesis Energy	GEL	04/13/20	$0.55	$0.15	Source
Golub Capital BDC	GBDC	04/13/20	$0.33	$0.29	Source
Eagle Materials	EXP	04/13/20	$0.10	$-	Source
Broadmark Realty Capital	BRMK	04/13/20	$0.08	$0.06	Source
Royal Caribbean Group	RCL	04/10/20	$0.78	$-	Source
SM Energy Company	SM	04/09/20	$0.05	$0.01	Source
Renault SA	RNSDF	04/09/20	€ 1.10	€ -	Source
REV Group	REVG	04/09/20	$0.05	$-	Source
Freehold Royalties	FRHLF	04/09/20	$0.05	$0.02	Source
CorePoint Lodging	CPLG	04/09/20	$0.20	$-	Source
Six Flags Entertainment	SIX	04/08/20	$0.25	$-	Source
Orchid Island Capital	ORC	04/08/20	$0.08	$0.06	Source
Ellington Financial	EFC	04/8/20	$0.15	$0.08	Source
AGNC Investment	AGNC	04/08/20	$0.16	$0.12	Source
William H. Sadlier	SADL	04/7/20	$1.15	$-	Source
PVH Corp	PVH	04/07/20	$0.04	$-	Source
Plains All American Pipeline	PAGP	04/07/20	$0.36	$0.18	Source
Plains All American Pipeline	PAA	04/07/20	$0.36	$0.18	Source
Group 1 Automotive	GPI	04/07/20	$0.30	$-	Source
Continental Resources	CLR	04/07/20	$0.05	$-	Source
R.R. Donnelly & Sons	RRD	04/06/20	$0.03	$-	Source
CNH Industrial N.V.	CNHI	04/06/20	$0.20	$-	Source
The Cato Corporation	CATO	04/06/20	$0.33	$-	Source
CAE	CAE	04/06/20	$0.08	$-	Source
Blackbaud	BLKB	04/06/20	$0.12	$-	Source
Diversified Royalty	BEVFF	04/06/20	$0.02	$0.02	Source
Herman Miller	MLHR	04/03/20	$0.21	$-	Source
Diversified Healthcare Trust	DHC	04/03/20	$0.15	$0.01	Source
BP Prudhoe Bay Royalty Trust	BPT	04/03/20	$0.42	$-	Source
Autoliv	ALV	04/03/20	$0.62	$-	Source
Banco Santander S.A.	SAN	04/02/20	$0.11	$-	Source
Quad/Graphics	QUAD	04/02/20	$0.15	$-	Source
Dave & Buster's Entertainment	PLAY	04/02/20	$0.16	$-	Source
Norsk Hydro	NHYDY	04/02/20	$0.12	$-	Source
Macquarie Infrastructure	MIC	04/02/20	$1.00	$-	Source
Liberty Oilfield	LBRT	04/02/20	$0.05	$-	Source
Enable Midstream Partners LP	ENBL	04/02/20	$0.33	$0.17	Source
Brinker International	EAT	04/02/20	$0.38	$-	Source
Cenovus Energy	CVE	04/02/20	$0.63	$-	Source
CenterPoint Energy	CNP	04/02/20	$0.29	$0.15	Source
Bassett Furniture Industries	BSET	04/02/20	$0.13	$-	Source
Bed, Bath & Beyond	BBBY	04/02/20	$0.17	$-	Source
American Eagle Outfitters	AEO	04/02/20	$0.14	$-	Source
Veolia Environment S.A.	VEOEY	04/01/20	$1.03	$0.54	Source
Royal Bank of Scotland	RBS	04/01/20	$0.13	$-	Source
Murphy Oil Corporation	MUR	04/01/20	$0.25	$0.13	Source
Vail Resorts	MTN	04/01/20	$1.76	$-	Source
Lloyds Banking Group	LYG	04/01/20	$0.10	$-	Source
HSBC Holdings	HSBC	04/01/20	$0.21	$-	Source
Helmerich & Payne	HP	04/01/20	$0.71	$0.25	Source
Global Net Lease	GNL	04/01/20	$0.53	$0.40	Source
Golar LNG Partners LP	GMLP	04/01/20	$0.40	$0.02	Source
Gannett	GCI	04/01/20	$0.38	$-	Source
Global Net Lease	GBL	04/01/20	$0.53	$0.40	Source
Daktronics	DAKT	04/01/20	$0.05	$-	Source
Capitala Finance Corp	CPTA	04/01/20	$0.08	$0.08	Source
Berry Corporation	BRY	04/01/20	$0.12	$-	Source
Barclays	BCS	04/01/20	$0.28	$-	Source
Xenia Hotels & Resorts	XHR	03/31/20	$0.28	$-	Source
WPP plc	WPP	03/31/20	$1.39	$-	Source
Urban Edge Properties	UE	03/31/20	$0.22	$-	Source
Tremont Mortgage	TRMT	03/31/20	$0.22	$0.01	Source
Children's Place	PLCE	03/31/20	$0.56	$-	Source
Pennsylvania REIT	PEI	03/31/20	$0.21	$0.02	Source
New Residential	NRZ	03/31/20	$0.50	$0.05	Source
US Ecology	ECOL	03/31/20	$0.18	$-	Source
Carnival Corporation	CCL	03/31/20	$0.50	$-	Source
Service Properties Trust	SVC	03/30/20	$0.54	$0.01	Source
Steve Madden	SHOO	03/30/20	$0.15	$-	Source
Ruth's Hospitality Group	RUTH	03/30/20	$0.15	$-	Source
PBF Energy	PBF	03/30/20	$0.30	$-	Source
Inter Pipeline Ltd.	IPPLF	03/30/20	$0.14	$0.04	Source
ING Groep N.V.	ING	03/30/20	$0.49	$-	Source
Cedar Realty	CDR	03/30/20	$0.05	$0.01	Source
Alliance Resource Partners	ARLP	03/30/20	$0.40	$-	Source
American Finance Trust	AFIN	03/30/20	$1.10	$0.85	Source
La-Z-Boy	LZB	03/29/20	$0.14	$-	Source
Redwood Trust	RWT	03/28/20	$0.32	$-	Source
The TJX Companies	TJX	03/27/20	$0.92	$-	Source
AG Mortgage Investment Trust	MITT	03/27/20	$0.45	$-	Source
L Brands	LB	03/27/20	$0.30	$-	Source
Apollo Commercial Real Estate	ARI	03/27/20	$0.46	$0.40	Source
Tapestry	TPR	03/26/20	$0.34	$-	Source
Signet Jewlers	SIG	03/26/20	$0.37	$-	Source
Petrobras	PBR	03/26/20	$0.25	$-	Source
Oxford Industries	OXM	03/26/20	$0.37	$0.25	Source
Movado	MOV	03/26/20	$0.20	$-	Source
MFA Financial	MFA	03/26/20	$0.20	$-	Source
Lear	LEA	03/26/20	$0.77	$-	Source
Hilton Worldwide Holdings	HLT	03/26/20	$0.15	$-	Source
Gap	GPS	03/26/20	$0.24	$-	Source
Granite Point Mortgage Trust	GPMT	03/26/20	$0.42	$-	Source
EQT Corporation	EQT	03/26/20	$0.03	$-	Source
BGC Partners	BGCP	03/26/20	$0.14	$-	Source
Arlington Asset Investment	AI	03/26/20	$0.23	$-	Source
Texas Roadhouse	TXRH	03/25/20	$0.36	$-	Source
Two Harbors Investment	TWO	03/25/20	$0.40	$-	Source
Sabra Health Care REIT	SBRA	03/25/20	$0.45	$0.30	Source
PennyMac Mortgage Investment Trust	PMT	03/25/20	$0.47	$0.25	Source
Nabors Industries	NBR	03/25/20	$0.01	$-	Source
Noble Midstream Partners LP	NBLX	03/25/20	$0.69	$0.19	Source
Summit Hotel	INN	03/25/20	$0.18	$-	Source
Summit Hotel Properties	INN	03/25/20	$0.18	$-	Source
City Office REIT	CIO	03/25/20	$0.24	$0.15	Source
Cracker Barrel Old Country Store	CBRL	03/25/20	$1.30	$-	Source
Boyd Gaming	BYD	03/25/20	$0.07	$-	Source
Alaska Air Group	ALK	03/25/20	$0.38	$-	Source
Whitestone REIT	WSR	03/24/20	$0.10	$0.04	Source
Triumph Group	TGI	03/24/20	$0.04	$-	Source
Synnex	SNX	03/24/20	$0.40	$-	Source
Steelcase	SCS	03/24/20	$0.15	$0.07	Source
OneSpaWorld	OSW	03/24/20	$0.04	$-	Source
EnLink Midstream	ENLC	03/24/20	$0.19	$0.09	Source
Orion Engineered Carbons S.A.	OEC	03/23/20	$0.20	$-	Source
New York Mortgagte Trust	NYMT	03/23/20	$0.80	$-	Source
Nordstrom	JWN	03/23/20	$0.37	$-	Source
Invesco Mortgage Capital	IVR	03/23/20	$0.50	$0.02	Source
Freeport-McMoRan	FCX	03/23/20	$0.05	$-	Source
DCP Midstream	DCP	03/23/20	$0.78	$0.39	Source
BJ's Restaurants	BJRI	03/23/20	$0.13	$-	Source
Aptiv	APTV	03/23/20	$0.22	$-	Source
Ashford Hospitality Trust	AHT	03/21/20	$0.06	$-	Source
Calvin B. Taylor Bancshares	TYCB	03/20/20	$0.31	$0.26	Source
PermRock Royalty Trust	PRT	03/20/20	$0.05	$0.01	Source
Macy's	M	03/20/20	$0.34	$-	Source
Emerald Holdings	EEX	03/20/20	$0.08	$-	Source
Delta Airlines	DAL	03/20/20	$0.40	$-	Source
Bloomin Brands	BLMN	03/20/20	$0.20	$-	Source
Boeing	BA	03/20/20	$2.06	$-	Source
Apple Hospitality REIT	APLE	03/20/20	$1.20	$-	Source
Targa Resources	TRGP	03/19/20	$0.91	$0.10	Source
Hersha Hospitality	HT	03/19/20	$0.28	$-	Source
GeoPark	GPRK	03/19/20	$0.04	$-	Source
Flexible Solutions International	FSI	03/19/20	$0.08	$-	Source
Ford Motor Company	F	03/19/20	$0.15	$-	Source
Darden Restaurants	DRI	03/19/20	$0.88	$-	Source
RLJ Lodging Trust	RLJ	03/18/20	$0.33	$0.01	Source
Marriott International	MAR	03/18/20	$0.48	$-	Source
Guess', Inc	GES	03/18/20	$0.11	$-	Source
DiamondRock Hospitality	DRH	03/18/20	$0.13	$-	Source
Southerly Hotels	SOHO	03/17/20	$0.13	$-	Source
Sabre	SABR	03/17/20	$0.14	$-	Source
Ryman Hospitality Properties	RHP	03/17/20	$0.95	$-	Source
Kosmos Energy	KOS	03/17/20	$0.05	$-	Source
Designer Brands	DBI	03/17/20	$0.25	$0.10	Source
Chatham Lodging Trust	CLDT	03/17/20	$0.11	$-	Source
Vermilion Energy	VET	03/16/20	$0.12	$0.02	Source
Park Hotels & Resorts	PK	03/16/20	$0.45	$-	Source
Pebblebrook Hotel	PEB	03/16/20	$0.38	$0.01	Source
Macerich	MAC	03/16/20	$0.75	$0.50	Source
Canterbury Park Holding	CPHC	03/16/20	$0.07	$-	Source
Core Laboratories N.V.	CLB	03/16/20	$0.25	$0.01	Source
QEP Resources	QEP	03/13/20	$0.02	$-	Source
Ark Restaurants	ARKR	03/13/20	$0.25	$-	Source
Arc Resources	AETUF	03/13/20	$0.05	$0.02	Source
Apache	APA	03/12/20	$0.25	$0.03	Source
AMEN Properties	AMEN	03/12/20	$20.00	$10.00	Source
MIND C.T.I. Ltd.	MNDO	03/11/20	$0.26	$0.24	Source
Occidental Petroleum	OXY	03/10/20	$0.79	$0.11	Source
Starrett	SCX	03/08/20	$0.10	$-	Source
Vector Group	VGR	03/05/20	$0.40	$0.20	Source
Pacific Coast Oil Trust	ROYT	03/04/20	$0.00	$-	Source
Tecnoglass	TGLS	03/02/20	$0.14	$0.03	Source
Washington Prime Group	WPG	02/27/20	$0.25	$0.13	Source
Seadrill Partners LLC	SDLPF	02/27/20	$0.01	$-	Source
Range Resources	RRC	02/27/20	$0.02	$-	Source
AMC Entertainment	AMC	02/27/20	$0.20	$0.03	Source
Jernigan Capital	JCAP	02/21/20	$0.35	$0.23	Source
JMP Group LLC	JMP	02/19/20	$0.04	$-	Source
Spirit AeroSystems Holdings	SPR	02/07/20	$0.12	$0.01	Source
Manhattan Bridge Capital	LOAN	02/07/20	$0.12	$0.11	Source
Whiting USA Trust II	WHZT	02/6/20	$0.06	$0.01	Source
ECA Marcellus Trust I	ECMT	02/6/20	$0.02	$0.02	Source
Westwood Holdings	WHG	02/05/20	$0.72	$0.43	Source
TESSCO Technologies	TESS	01/27/20	$0.20	$0.02	Source