Member Articles
Dividend Increases/Decreases for the Week Ending February 28
Below we provide a list of firms that raised their dividends during the week ending February 28. 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 $0.385 per share quarterly dividend, was $0.3675. Allison Transmission Holdings (ALSN): now $0.17 per share quarterly dividend, was $0.15. Anheuser-Busch Inbev (BUD): now EUR 1.00 per share semi-annual dividend, was EUR 0.80. Assured Guaranty (AGO): now $0.20 per share quarterly dividend, was $0.18. Barings BDC (BBDC): now $0.16 per share quarterly dividend, was $0.15. Best Buy (BBY): now $0.55 per share quarterly dividend, … Read more
Worst in Energy Not Over, Stay Away from Leveraged Enterprises, Seeds of Financial Crisis Sown?
Image Shown: The energy and banking markets continue to be experiencing pain. Since we removed the Energy Select Sector SPDR (XLE) and Financial Select Sector SPDR (XLF) from the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio, the XLE has fallen more than 50% and the XLF has fallen 13%, while the SPY has held up roughly 2%. We continue to believe staying away from energy and financials/banks will be a source of significant alpha. These are challenging times. The oil price swoon has complicated an already-dire situation with COVID-19. We’re seeing cracks in the credit markets, and the European banking system is far from healthy. The US banks may face knock-on impacts from energy loan defaults and hold … Read more
Historic Oil Deal Reached
Image Source: Chevron Corporation (CVX) – March 2020 Security Analyst Meeting Presentation By Callum Turcan Over the Easter holiday weekend, members from the Organization of Petroleum Exporting Countries (‘OPEC’), non-OPEC members that are part of the OPEC+ group (countries that in the recent past have joined forces with OPEC to curtail global oil supplies in a formal manner), and non-OPEC members outside of the OPEC+ group such as Brazil (EWZ), Canada (EWC), and the United States (SPY) came to an agreement to cut their collective oil output by north of 10 million barrels per day. Global oil and other raw energy resource prices (USO, BNO) have been simply demolished year-to-date due to a combination of demand destruction from the ongoing … Read more
American Express Carries Meaningful Credit Risk
Image Source: American Express Company – First Quarter of 2020 Earnings IR Presentation By Callum Turcan At Valuentum, we are very bullish on the growth trajectory of high-quality payment processing, payment solutions, and financial technology firms. That’s why we include PayPal Holdings Inc (PYPL) and Visa Inc (V) as top-weighted holdings in our Best Ideas Newsletter portfolio. However, please note that what makes those firms appealing is the limited or lack of exposure to credit risk. Visa carries no credit risk and generates revenues through fees collected on transactions conducted with Visa-branded cards, and while PayPal possesses some credit risk, that risk is rather small relative to its overall business. Both firms enable investors to capitalize on the shift to … Read more
Dividend Increases/Decreases for the Week August 7
Below we provide a list of firms that raised their dividends during the week ending August 8. 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 Atlantica Sustainable Infrastructure (AY): now $0.42 per share quarterly dividend, was $0.41. AudioCodes (AUDC): now $0.14 per share semi-annual dividend, was $0.13. Badger Meter (BMI): now $0.18 per share quarterly dividend, was $0.17. Brookfield Renewable (BEPC): now $0.434 per share quarterly dividend. Cable One (CABO): now $2.50 per share quarterly dividend, was $2.25. CAI International (CAI): now $0.25 per share quarterly dividend. Carlisle (CSL): now $0.525 … Read more
Dividend Increases/Decreases for the Week November 20
Below we provide a list of firms that raised their dividends during the week ending November 20. 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 AFLAC (AFL): now $0.33 per share quarterly dividend, was $0.28. Agilent Technologies (A): now $0.194 per share quarterly dividend, was $0.180. American Equity Investment Life (AEL): now $0.32 per share annual dividend, was $0.30. Brown-Forman (BF.A): now $0.1795 per share quarterly dividend, was $0.1743. Capital City Bank (CCBG): now $0.15 per share quarterly dividend, was $0.14. ChoiceOne Financial Services (COFS): now $0.22 per share quarterly dividend, … Read more
The Investment Case for the 1989-1990 Hoops Michael Jordan #200 Basketball Card
Image Shown: 1989-1990 Hoops Michael Jordan #200. On February 12, 2021, a sealed case of 20 boxes of 1989-1990 Series 1 Hoops Basketball cards sold on eBay for ~$5,999[1]. 36 packs x 15 cards per pack = 540 cards per box. 10,800 cards in the case. By Brian Nelson, CFA After I put together a video on the roaring basketball card market,[2] I received a few questions on which basketball card I thought was the most undervalued in today’s market. The interest is understandable given news that a Lebron James rookie card recently sold for $5.2 million, a Luka Doncic card sold for $4.6 million[3], and a Kobe Bryant rookie refractor sold for $1.8 million[4]. First of all, I am … Read more
Dividend Increases/Decreases for the Week May 28
Below we provide a list of firms that raised their dividends during the week ending May 28. 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 Financial (AFG): now $14.00 per share special dividend, was $0.50. American Tower (AMT): now $1.27 per share quarterly dividend, was $1.24. Avnet (AVT): now $0.22 per share quarterly dividend, was $0.21. Capital Federal Financial (CFFN): now $0.40 per share true-up dividend, was $0.085. Capital Southwest (CSWC): now $0.53 per share quarterly dividend, was $0.52. CBB Bancorp (CBBI): now $0.05 per share quarterly dividend. Century Communities … Read more
Dividend Increases/Decreases for the Week August 20
Below we provide a list of firms that raised their dividends during the week ending August 20. 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 Financial’s (AFG): now $2.24 per share annual dividend, was $2.00. Aptiv PLC 5.5% CNV PFD A (APTV.PA): now $1.375 per share quarterly dividend, was $0.22. Brigham Minerals (MNRL): now $0.35 per share quarterly dividend, was $0.32. Cable One (CABO): now $2.75 per share quarterly dividend, was $2.50. Cboe Global Markets (CBOE): now $0.48 per share quarterly dividend, was $0.42. Dean Foods (DF): now $0.10 per … Read more