Brewing the Next Dividend Aristocrat
January 19, 2018
Image Source: Starbuck’s 2017 annual Shareholder Meeting Most income-minded investors would love to find the next Dividend Aristocrat before it earns such a title, but many continue to focus on the stars of the past instead of working to identify up and coming dividend track records, which often carry higher dividend growth rates than the most established Dividend Aristocrats. By Alexander J. Poulos McDonald’s Is Pretty Good… Starbucks (SBUX) has a number of qualities that we look for in identifying companies that can sustain a growing dividend over time, one that has the potential to develop into a Dividend Aristocrat. The company’s dividend track record is still a young one as the payout was initiated in 2010, but forward-looking analysis
In the News: GE, O, EGO, CELG
January 18, 2018
There is a lot happening in the markets. Let’s have a look at some of the top news. By Kris Rosemann On January 16, General Electric (GE) announced a $6.2 billion write down related to its legacy reinsurance business, and market observers have taken to speculating about the fate of the industrial giant. Activist investor Nelson Peltz’s Trian Fund Management, which has watched the market value of its 2015 investment in GE dwindle, is reportedly pushing the conglomerate to explore strategic alternatives. Peltz and Trian have been in the middle of a number of battles for strategic power at the top of a number of US-based behemoths including the recently formed DowDuPont (DWDP) and Procter & Gamble (PG), and Trian
The High-Yield Dividend Newsletter
January 18, 2018
Already a member to the High Yield Dividend Newsletter? Contact us at info@valuentum.com for archived editions! High Yield Dividend Investing Are your income ideas not getting the job done? Did you miss the fall out in Kinder Morgan and MLPs? Is your portfolio suffering from the “wrong” high dividend-paying ideas the past few years? Subscribe today to receive our monthly High Yield Dividend Newsletter and simulated high-yield dividend portfolio. You know the quality of Valuentum’s work, and this new publication and simulated portfolio may be right up your alley. The brand new monthly High Yield Dividend Newsletter is priced at $1,000/year. We provide the following regularly in the monthly newsletters, to be released on the 1st of each month: A discussion
Dropping Coverage of the Education (For-Profit) Industry
January 17, 2018
Image Source: IowaPolitics.
Valuentum is dropping coverage of the Education (For-Profit) industry to focus resources elsewhere.
Active vs. Passive Still Undefined, Even After Fees and Expenses
January 15, 2018
In the final episode of “Off the Cuff,” President of Investment Research at Valuentum Brian Nelson explains that, even after fees and expenses, the active versus passive debate remains undefined. It is on this consideration, that Nelson’s Syllogism of the Stock Market is based. Running time: ~4 minutes. Originally published January 15, 2018 (edited and republished March 24, 2018). Thank you for tuning into the “Off the Cuff” video series!
Dividend Increases/Decreases for the Week Ending January 12
January 15, 2018
Below we provide a list of firms that raised/lowered their dividends during the week ending January 12. 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 Ally Financial (ALLY): now $0.13 per share quarterly dividend, was $0.12. Apogee (APOG): now $0.1575 per share quarterly dividend, was $0.14. ARES Dynamic Credit Allocation Fund (ARDC): now $0.1075 per share monthly dividend, was $0.1050. Codorus Valley (CVLY): now $0.155 per share quarterly dividend, was $0.135. Enterprise Products Partners (EPD): now $0.425 per share quarterly dividend, was $0.4225. Genesis Energy (GEL): now $0.51 per share quarterly
2018 Starts Out with a Bang!
January 14, 2018
Image Shown: An ETF that measures momentum (MTUM) has done considerably better than the S&P 500 since the beginning of 2017. Among its top 5 holdings are Microsoft (MSFT), Apple (AAPL), Boeing (BA)—newsletter holdings that have had excellent value characteristics along the way. Visa (V) is also included in its top 10 holdings.
Even some the most bullish and optimistic investors have been surprised by the resiliency of today’s market environment. Why does it seem appropriate to remind members that the stock market doesn’t always go straight up with almost no volatility?
Discount Rates, Growth Rates, and “Skin in the Game”
January 12, 2018
In episode 18 of his video series “Off the Cuff,” President of Investment Research Brian Nelson talks about why it is so important for you to learn the discounted cash-flow model and how to think about discount rates and growth rates within it. He also provides a few perspectives on the concept of “skin in the game,” and the areas where it might be good and the areas where it might be bad. Running time: ~12 minutes.
The New Theorem of the Stock Market
January 10, 2018
President of Investment Research Brian Nelson talks about the new theory of the stock market and explains how syllogisms developed by Noble prize winners and the largest asset managers may not accurately reflect active management at the investor level, which Nelson argues is what matters. Running time: ~15 minutes. To view Valuentum’s updated YouTube page, please see here. Excerpts from Value and Momentum Within Stocks, Too (Valuentum) Read the paper from the beginning here (pdf). Tickerized for stocks in the Dow Jones Industrial Average.
Microsoft: A Dividend Growth Giant
January 9, 2018
Image Source: Microsoft.
Microsoft is no longer a tech dinosaur. Estimates suggest it is beating Amazon at its own game. We’re huge fans of Microsoft’s free cash flow generation and balance-sheet health and what that means for the dividend. There’s not a lot to dislike about Microsoft, and while the risks are many, few company’s have a stronger business model.
