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Recent Articles
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Dividend Growth Idea Newmont Surging Higher
Mar 29, 2022
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Image Shown: Shares of dividend growth idea Newmont Corporation have surged higher since January 2020.
Rising geopolitical tensions have pushed COMEX gold prices to the $1,900-$2,000 per troy ounce range as of this writing in late March 2022. We added the gold miner Newmont Corp to the Dividend Growth Newsletter portfolio back in January 2020 to gain modest exposure to the gold industry. Shares of NEM are trading near the high end of our fair value estimate range of $78 per share as of this writing after surging ~31% over the past year. Newmont has a variable dividend policy that includes a base and variable payout. Shares of NEM yield ~2.8% on a trailing twelve month basis, and we continue to be big fans of the name.
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Nike Holding Its Own Against Major Exogenous Shocks
Mar 29, 2022
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Image Shown: Shares of Nike Inc are on an upward climb again after dropping significantly from November 2021 to March 2022.
Nike is holding its own in the face of major exogenous headwinds. The firm’s pivot towards D2C and digital sales are having a powerful impact on its business and underlying financial performance. We appreciate that Nike is a stellar generator of shareholder value, though we caution that inflationary headwinds and supply chain hurdles loom large over its near term outlook, as does the Ukraine-Russia crisis due to rising fuel expenses and the risk that portions of the global economy (particularly developing and emerging markets) may enter a recession. We continue to be bullish on U.S. equities and the domestic economy.
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Dividend Increases/Decreases for the Week March 25
Mar 25, 2022
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Let's take a look at companies that raised/lowered their dividend this week.
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Public Storage Is a High-Quality Income Generation Idea
Mar 24, 2022
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Image Shown: Public Storage, a self-storage REIT that is included as an idea in our High Yield Dividend Newsletter portfolio, is a stellar cash flow generator with a bright growth outlook. We are huge fans of the self-storage REIT industry, particularly in the US, due to the ability of companies operating in this space to fully cover their total dividend obligations with their free cash flows. Image Source: Public Storage – March 2022 IR Presentation.
The self-storage industry is an attractive space for investors seeking income generating opportunities, particularly real estate investment trusts (‘REITs’) with a sizable presence in the U.S. market. The self-storage REIT owns economic interests in 2,800+ self-storage properties across the U.S. Public Storage is a cash flow generating powerhouse that historically has fully covered its total dividend obligations with its free cash flows. Its promising growth outlook and strong financial position underpins the REIT’s dividend strength. Shares of PSA yield ~2.2% as of this writing.
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