Member Articles

GE Hikes Payout; Digital Transformation to Benefit Income Investors

by

Image source: GE website Income investors cheered as Best Ideas and Dividend Growth Newsletter portfolios holding General Electric (GE) raised its quarterly per share dividend $0.01, or 4%, to $0.24 per share December 9. The move is consistent with its multi-year capital allocation strategy to have a dividend payout ratio of 45%-50% and then grow the payout in line with earnings once the targeted dividend payout ratio is hit. The increase, however, reflects a payout ratio above the upper bound of management’s target ratio based on consensus estimates for 2017. We like what the payout growth signals for income-minded investors, and management looks to be set in continuing its shareholder-friendly ways beyond its planned return of $30 billion in cash … Read more

Bristol-Myers: Now In Play?

by

Image Source: Steve Davis Could activist investors force Bristol-Myers to break apart? Let’s walk through a potential scenario that could drive Bristol’s share price to new heights. Alexander J. Poulos We are pleased with the recent announcement of a $2 billion dollar accelerated share repurchase (ASR) program. In addition to the ASR, three new directors proposed by Jana Partners will be added to Bristol-Myers Squibb’s (BMY) board. The recent transactions by the famed activist investor have led many to believe the company is “in play” with a takeout potentially imminent. The article below will explore the potential along with our preferred solution. Oncology Franchise The crown jewel of Bristol’s product line-up remains Opdivo the programmed death receptor-1 (PD-1) blocking antibody … Read more

Seeking Balance: What’s Happening in the Crude Oil and Iron Ore Markets

by

Image Source: Sollven Melindo Commodity prices are notoriously volatile as the global markets often struggle to maintain a sustainable balance of supply-demand. Let’s take a look at some recent developments and coming events that are impacting the prices of crude oil and iron ore. By Kris Rosemann We’re not rushing to add any commodity-based exposure at the moment. We have some of course – but we’re not looking to add more to the newsletter portfolios. For starters, the iron ore pricing market appears to be setting itself up for another period of pain, and we’re preaching serious levels of caution for those considering the space as iron-ore prices have already begun to descend from the peak of the puzzling early-2017 … Read more

Nevro: An Exciting But Risky Medtech Idea in the Early Stages of Its Growth

by

Image Source: Nevro Innovation continues to thrive in the medical field. The rapid aging of the industrialized world’s population bodes well for rising demand. Let’s look at a promising med tech idea, which we believe offers explosive growth in the field of Neuromodulation. It’s a risky one though. By Alexander J. Poulos Introduction We are interested in the growth prospects of Nevro (NVRO), a med tech idea specializing in the field of Neuromodulation. Neuromodulation is the use of electrical impulses to stimulate the nervous system. Nevro’s key product is the Senza Spinal Cord Stimulation (SCS) system, which offers relief from chronic pain by stimulating the nervous tissue found in the spinal cord to reduce or entirely block the perception of … Read more

Dividend Increases/Decreases for the Week Ending October 27

by

Below we provide a list of firms that raised/lowered their dividends during the week ending October 27. 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 1st Constitution Bancorp (FCCY): now $0.06 per share quarterly dividend, was $0.05. Abaxis (ABAX): now $0.16 per share quarterly dividend, was $0.14. AbbVie (ABBV): now $0.71 per share quarterly dividend, was $0.64. AFLAC (AFL): now $0.45 per share quarterly dividend, was $0.43. Agnico Eagle (AEM): now $0.11 per share quarterly dividend, was $0.10. Alliance Holdings (AHGP): now $0.735 per share quarterly dividend, was $0.73. Alliance Resource … Read more

Dividend Increases/Decreases for the Week Ending February 23

by

Below we provide a list of firms that raised their dividends during the week ending February 23. 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 Albemarle (ALB): now $0.335 per share quarterly dividend, was $0.32. Apollo Senior Floating Rate Fund (AFT); now $0.096 per share monthly dividend, was $0.09. Arbor Realty Trust (ABR): now $0.21 per share quarterly dividend, was $0.19. Armada Hoffler Properties (AHH): now $0.20 per share quarterly dividend, was $0.19. Assured Guaranty (AGO): now $0.16 per share quarterly dividend, was $0.1425. The Bank of N.T. Butterfield & Son … Read more

Dividend Increases/Decreases for the Week Ending March 9

by

Below we provide a list of firms that raised their dividends during the week ending March 9. 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 American Eagle Outfitters (AEO): now $0.14 per share quarterly dividend, was $0.13. American Tower (AMT): now $0.75 per share quarterly dividend, was $0.70. AMERISAFE (AMSF): now $0.22 per share quarterly dividend, was $0.20. Anthem (ANTM): now $0.75 per share quarterly dividend, was $0.70. Armanino Foods of Distinction (AMNF): now $0.0225 per share quarterly dividend, was $0.02. BHP Billiton plc (BBL): now $1.10 per ADS semi-annual dividend, … Read more

Optimizing Coverage

by

We’re shifting our coverage around a bit to better allocate resources to areas that are of interest to you! We’re dropping coverage of the following companies, but we plan to add different companies and finetune our analysis in other areas. Every day, we seek to make our service as valuable as it can be! By Christopher Araos Air Industries Group (AIRI) Air Industries focuses on flight safety, including landing gear, engine throttle quadrants and other components. Air Industries makes structural parts for aerospace and defense customers. It focuses on flight safety, including landing gear, engine mounts, throttle quadrants and other components. The company’s products can be found on Sikorski’s UH-60 Blackhawk helicopter, Lockheed’s F-35 Joint Strike Fighter, and Boeing and … Read more

There Is Milk At The Store

by

This article first appeared in the September edition of the High Yield Dividend Newsletter. For more information about this publication, please see here. “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” — Winston Churchill By Brian Nelson, CFA Very few of us could have imagined that we’d witness the bull market that began on that fateful day in March 2009 that might very well mark a generational low. In 2009, major investment banks around the globe were struggling to survive, and the fallout in the mortgage markets left the banks holding paper that nobody wanted to own, let alone buy. The global financial system … Read more

Dividend Increases/Decreases for the Week Ending November 2

by

Below we provide a list of firms that raised their dividends during the week ending November 2. 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 Aircastle (AYR): now $0.30 per share quarterly dividend, was $0.28. AllianceBernstein (AB): now $0.69 per share quarterly dividend, was $0.62. American Assets Trust (AAT): now $0.28 per share quarterly dividend, was $0.27. Apollo Global Management (APO): now $0.46 per share quarterly dividend, was $0.43. Arbor Realty Trust (ABR): now $0.27 per share quarterly dividend, was $0.25. Black Stone Minerals (BSM): now $0.37 per share quarterly dividend, … Read more