Valuentum Exclusive Analysis for the Discerning Investor

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Jan 27, 2018

Dividend Increases/Decreases for the Week Ending January 26
Let's take a look at companies that raised/lowered their dividend this week.

May 15, 2017

Dividend Increases/Decreases for the Week Ending May 12
Let's take a look at companies raising/lowering their dividends this week.

May 20, 2016

Dividend Increases/Decreases for the Week Ending May 13
Let's take a look at companies raising/lowering their dividends this week.

May 11, 2015

Dividend Increases/Decreases for the Week Ending May 8
Let's take a look at companies raising/lowering their dividends this week.

Aug 5, 2013

Dividend Increases for the Week Ending August 2 Included Illinois Tool Works and Union Pacific
Let's take a look at the dividend increases for the week ending August 2.

Pet Insurer Trupanion’s Business Facing Numerous Challenges; Short Interest at 35%+
Image: Trupanion may be growing its top line like a weed, but its operating losses have been growing, too. Image Source: Trupanion 10-K. The insurance business is a tough one, and medical pet insurance may be even more difficult. A number of dynamics from adverse selection to conflicts of interest to lack of bargaining power within the industry’s structure have plagued Trupanion’s financial performance for years, with the company accumulating significant net losses since inception. We’re huge fans of Trupanion’s moaty network of clients and veterinarians as well as its tremendous top-line growth potential, but veterinarians continue to capture the industry’s economic rents, in our view, to the detriment of Trupanion’s shareholders. Unit economics have not been adding up at Trupanion either, and free cash flow has been meager at best for a very long time. As veterinarian costs continue to rise and the firm receives push back on proposed rate increases, Trupanion’s net losses may continue to mount, and even under optimistic assumptions, Trupanion’s shares could be considered rich.