Dividend Increases/Decreases for the Week January 7
January 7, 2022
Below we provide a list of firms that raised their dividends during the week ending January 7. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Alamo (ALG): now $0.18 per share quarterly dividend, was $0.14. Bank OZK (OZK): now $0.30 per share quarterly dividend, was $0.29. BP Prudhoe Bay Royalty Trust (BPT): now $0.5812 per share quarterly dividend, was $0.0694. Brixmor Property (BRX): now $0.24 per share quarterly dividend, was $0.21. Culp (CULP): now $0.115 per share quarterly dividend, was $0.110. DBM Global (DBMG): now $3.89 per share quarterly dividend, was
Best Idea Domino’s Has a Massive Growth Runway
January 6, 2022
Image Source: Domino’s Pizza Inc – Third Quarter of Fiscal 2021 IR Earnings Presentation By Callum Turcan Domino’s Pizza Inc (DPZ) runs a great business. Most of its store locations are franchised (~98% as of September 2021), meaning inflation cost headwinds fall more squarely on its franchisees. The company has put up great same store sales performance on both a domestic and international basis in recent fiscal years, and it continues to have an immense growth runway. Domino’s is a stellar generator of free cash flow, too, thanks to its asset light revenue model. We include shares of Domino’s as an idea in the Best Ideas Newsletter portfolio. The restaurant franchise space is appealing because these companies have asset-light business
ICYMI: Dividend Growth Idea Realty Income Completes Transformation, Further Expands Overseas
January 4, 2022
This article originally appeared on our website November 17, 2021. Image Shown: An overview of dividend growth idea Realty Income Corporation’s tenant base, though this appears to be before taking into account its recent merger with VEREIT and spinoff of its corporate office properties portfolio. Image Source: Realty Income Corporation – November 2021 IR Presentation By Callum Turcan On November 1, Realty Income Corporation (O) completed its stock-for-stock merger with VEREIT, a deal that according to an April 2021 press release had an enterprise value of ~$50 billion. When the merger closed, shareholders of Realty Income owned ~70% of the new entity and shareholders of VEREIT owned the remainder. Realty Income is a real estate investment trust (‘REIT’) with a
Oracle Buys Cerner
January 3, 2022
Image Source: Oracle Corporation – September 2019 Financial Analyst Meeting Presentation By Callum Turcan Oracle Corporation (ORCL) is one of our favorite dividend growth ideas that also earns high marks as it concerns ESG (environmental, social, and governance) investing standards. We use our proprietary ESG scoring matrix, which scores firms on a 1-100 scale (100 being the best), to gauge their adherence to ESG practices. Oracle scores a nice 96 ESG rating with a strong showing across all three categories. We include shares of ORCL as an idea in both the Dividend Growth Newsletter and our ESG Newsletter portfolios. The high end of our fair value estimate range sits at $101 per share of Oracle, comfortably above where shares are
Dividend Increases/Decreases for the Week December 31
December 31, 2021
Below we provide a list of firms that raised their dividends during the week ending December 31. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Bancolombia S.A. (CIB): now $0.0661 per share quarterly dividend, was $0.0612. BrightSpire Capital (BRSP): now $0.18 per share quarterly dividend, was $0.16. Broadstone Net Lease (BNL): now $0.265 per share quarterly dividend, was $0.255. Cadiz Inc. 8.875% DEP PFD A (CDZAP): now $0.56 per share quarterly dividend. Green Stream Holdings (GSFI): now $0.001 per share special dividend. Grupo Aval Acciones y Valores S.A. (AVAL): now $0.022
Best Idea Alphabet Growing Global Cloud Presence
December 29, 2021
Image Shown: Alphabet Inc Class C shares, a top-weighted idea in our Best Ideas Newsletter portfolio, are up ~65% over the past year. By Callum Turcan Alphabet Inc (GOOG) (GOOGL) has historically focused primarily on growing its digital advertising revenues since the company was founded under the Google name back in 1998. More recently, the technology giant has begun seriously seeking to broaden its revenue base, and we like what we see on this front. We include Alphabet Class C shares (ticker: GOOG) as an idea in the Best Ideas Newsletter portfolio given its immense capital appreciation upside potential as a net cash-rich, free cash flow generating powerhouse (topics that we have covered often in the past). Our fair value
General Mills Managing Inflationary Headwinds; Scaling Up Pets Business
December 28, 2021
Image Source: General Mills Inc – Second Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On December 21, General Mills Inc (GIS), the firm behind the Cheerios, Pillsbury, and Nature Valley brands (among various others), reported second quarter earnings for fiscal 2022 (period ended November 28, 2021) that beat consensus top-line estimates but missed consensus bottom-line estimates. The consumer staples giant also raised its full year guidance for fiscal 2022 in conjunction with its latest earnings report. In the face of major input cost inflationary pressures and supply chain constraints, brought on in part by the coronavirus (‘COVID-19’) pandemic and the fiscal/monetary policies enacted to offset the economic damage caused by the public health crisis, General Mills has
Net Cash Rich Micron Technology Beats Estimates and Issues Favorable Near Term Guidance
December 27, 2021
Image Source: Micron Technology Inc – First Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On December 20, Micron Technology Inc (MU) reported first quarter earnings for fiscal 2022 (period ended December 2, 2021) that beat both consensus top- and bottom-line estimates. Underlying demand for Micron Technology’s DRAM, NAND, and NOR offerings (used as memory solutions in personal computers, automobiles, data centers, smartphones, and various electronics devices) remained robust last fiscal quarter. The company has done a great job navigating supply chain hurdles and semiconductor component and equipment shortages in the wake of the coronavirus (‘COVID-19’) pandemic to continue meeting booming customer demand. Shares of Micron Technology surged higher after it published its latest earnings report December 20
Nike Beats Estimates in the Face of Supply Chain Constraints
December 27, 2021
Image Shown: Shares of Nike Inc shifted higher in the wake of its latest earnings report. By Callum Turcan On December 20, Nike Inc (NKE) reported second quarter earnings for fiscal 2022 (period ended November 30, 2021) that beat both consensus top- and bottom-line estimates. The company did its best to navigate serious supply chain hurdles as efforts by public health officials and governments to contain the spread of the coronavirus (‘COVID-19’) pandemic in Southeast Asia (a major production hub for apparel and footwear) weighed quite negatively on its ability to meet demand. Earnings Update Nike’s GAAP revenues grew 1% year-over-year in the fiscal second quarter, hitting $11.4 billion, as the company, and the apparel and footwear industry at large,
