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Dividend Increases/Decreases for the Week May 13

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Below we provide a list of firms that raised their dividends during the week ending May 13. 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      Alerus Financial Corporation (ALRS): now $0.18 per share quarterly dividend, was $0.16. Algonquin Power & Utilities (AQN): now $0.1808 per share quarterly dividend, was $0.1706. Birchcliff Energy (BIREF): now CAD 0.02 per share quarterly dividend, was CAD 0.01. Black Stone Minerals (BSM): now $0.40 per share quarterly dividend, was $0.27. Brookline Bancorp (BRKL): now $0.13 per share quarterly dividend, was $0.125. Bunge (BG): now $0.625 per … Read more

Tyson, ConAgra, Hershey, and Cal-Maine Lead the Pack

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Stocks Featured: ADM, BG, CALM, CAG, FDP, GIS, HSY, K, KRFT, MKC, MJN, MDLZ, TSN, UN. As we survey recent performance across the Food Products industry (large, small), a number of firms continue to struggle to squeeze out modest growth, while others are putting up rather impressive organic top-line and adjusted earnings expansion. Perhaps the strongest fundamental performer in the group has been meat-processor Tyson Foods (TSN), which recorded impressive bottom-line growth in its fiscal third quarter, released August 5, as operating income in its ‘Chicken’ segment jumped 38% thanks to increased domestic/international production and strong pricing. The company’s fiscal 2014 outlook also speaks to robust chicken production and lower input costs, and we expect the strong top- and bottom-line performance to continue. Tyson Foods has been a 9 on our Valuentum Buying Index for some time and … Read more

2,350-2,750 on the S&P? Could the Coronavirus Catalyze a Financial Crisis?

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Image: We think a rather modest sell-off in the market to the target range of 2,350-2,750 on the S&P 500 is rather reasonable in the wake of one of the biggest economic shocks since the Global Financial Crisis. The chart above shows how far markets have advanced since 2011, and an adjustment lower to the target range of 2,350-2,750 is rather modest in such a context and would only bring markets to late 2018 levels (note red box as the target range). The range reflects ~16x S&P 500 12-month forward earnings estimates, as of February 14, adjusted down 10% due to COVID-19. When companies like Visa talk about a couple percentage points taken off of growth rates, one knows that … Read more

Dividend Increases/Decreases for the Week Ending May 22

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Below we provide a list of firms that raised their dividends during the week ending May 22. 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 Tower (AMT): now $1.10 per share quarterly dividend, was $1.08. Banco Santander, S.A. GTD PFD SECs 6 (SAN.PB): now $0.2556 per share quarterly dividend, was $0.2528. Canadian Banc Corp (CNDCF): now CAD 0.0562 per share monthly dividend, was CAD 0.0517. Cheetah Mobile Inc. (CMCM): now $1.44 /ADS special dividend, was $0.50. China Mobile Limited (CHL): now $0.999 per share semi-annual dividend, was $0.877. Chubb (CB): … Read more

There Is Milk At The Store

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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

US Congress Is Getting Ready to Pass a Massive ~$2.2 Trillion Fiscal Stimulus Bill

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Image Shown: US equities have started to recover some of their lost ground as the likelihood that the US Congress will pass a massive ~$2.2 trillion fiscal stimulus and emergency spending package, dubbed the CARES Act, has increased significantly over the past week as seen through the bounce in the SPDR S&P 500 ETF Trust (SPY). President Trump has clearly indicated that he intends to sign such a bill into law as soon as possible, with the US House of Representatives expected to take up the legislation this upcoming Friday morning on March 27. By Callum Turcan On March 25, the US Senate worked late into the night to secure a bipartisan compromise on a massive ~$2.2 trillion fiscal stimulus … Read more

Dividend Increases/Decreases for the Week of May 12

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Below we provide a list of firms that raised their dividends during the week ending May 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                          Alpha Metallurgical (AMR): now $0.50 per share quarterly dividend, was $0.44. Annaly Capital Management 6.95% PFD SER F (NLY.PF): now $0.6345 per share quarterly dividend, was $0.6076. Apollo Global Management (APO): now $0.43 per share quarterly dividend, was $0.40. Ark Restaurants (ARKR): now $0.1875 per share quarterly dividend, was $0.1250. Armada Hoffler Properties (AHH): now $0.195 per share quarterly dividend, was $0.190. Artesian Resources … Read more

ICYMI — Video: Will Hasty Policy Facilitate the Next Leg Down, or Do We Have It Coming Anyway?

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President of Investment Research and award-winning author of Value Trap: Theory of Universal Valuation Brian Nelson explains how US policymakers are stuck between a rock and a hard place, and how the market may be factoring in too high of a probability of a return to normalcy before 2021. This and more in the latest video report. Summary Make sure you review Value Trap on Amazon. Do so here. We think those that bought equities near the bottom of this swoon may be looking to take profits at present levels. The market is currently reflecting an 80%-85% probability of a return to normalcy before 2021, which we believe is too high at this time. Our main concern is that government … Read more

Dividend Increases/Decreases for the Week of May 17

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Below we provide a list of firms that raised their dividends during the week ending May 17. 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                          A2A S.p.A. (AEMMY): now $0.3362 per share annual dividend, was $0.3202. Advanced Drainage Systems (WMS): now $0.16 per share quarterly dividend, was $0.14. AIXTRON SE (AIIXY): now $0.576 per share annual dividend, was $0.452. AMMO, Inc. 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.553. Artisan Partners Asset Management (APAM): now $0.61 per share quarterly dividend, was $0.34. Assicurazioni Generali … Read more

How to Think About Corporate Tax Reform

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