DCT

Adobe Acrobat Pro Prices Up 33%; Price Tag of Figma Deal Remains Overhang on Shares

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Image: Adobe’s long-term market opportunity is huge. Image Source: Adobe By Brian Nelson, CFA All things considered, fiscal 2022 was a solid year for Adobe (ADBE), as reported in its latest quarterly earnings report December 15. The company generated record revenue, operating income, and operating cash flow, and we loved that management is talking in terms of the “next decade of growth,” not next quarter or even next year. We like executive suites that are positioning their companies for the long run, and we think Chairman and CEO Shantanu Narayen has done a great job leading the charge. Adobe is among the most well-known software companies due in part to its Adobe Acrobat software. Almost anyone that has applied for a job has … Read more

M&A Roundup: Sprint and T-Mobile Finally Official, Marathon Petroleum to Become Nation’s Largest Refiner

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Image Source: Mike Mozart A number of notable deals hit the wires over the weekend or Monday morning. Lets’ take a quick look. We expect to update our reports on the respective companies in the coming days. By Kris Rosemann Key Takeaways Sprint and T-Mobile are officially tying the knot. Though the deal faces regulatory scrutiny, we think T-Mobile shareholders are getting the best of the deal. If the transaction is consummated and synergies are achieved as planned, both sets of shareholders should be happy though. The wireless telecom industry will continue to be extremely debt and capital intensive, however. We think the Sprint-T-Mobile deal will ultimately get approved, but we are not particularly fond of betting on how regulatory … Read more

Dividend Increases/Decreases for the Week Ending December 23

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Below we provide a list of firms that raised/lowered their dividends during the week ending December 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 8point3 Energy Partners (CAFD): now $0.249 per share quarterly dividend, was $0.2406. ALPS Cohen & Steers Global Realty Majors ETF (GRI): now $0.460527 per share quarterly dividend, was $0.382421. ALPS Equal Sector Weight ETF (EQL): now $0.906383 per share quarterly dividend, was $0.271693. Amgen (AMGN): now $1.15 per share quarterly dividend, was $1.00. Boston Prop (BXP): now $0.75 per share quarterly dividend, was $0.65. Camden National … Read more

Podcast: REITs, Interest Rates and Beyond!

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The Valuentum analyst team talks REITs and the reasons why REIT investors should pay close attention to changes in Treasury rates. Various secular themes across the data center, healthcare, office, and mall REITs are discussed, and an explanation for the sector’s systematically poor raw, unadjusted Dividend Cushion ratios is covered. ~8 mins. Tickerized for various ETFs and the holdings in the VNQ. Brian Nelson, CFA: In September, REITs were officially broken out from the financial sector to their own sector of the S&P 500 — some 30 or so stocks with $600 billion in market capitalization, or about 3% of the S&P 500. Could this change have marked a peak in performance for equity and mortgage REIT stocks? Are investors … Read more

Dividend Increases/Decreases for the Week Ending November 13

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Below we provide a list of firms that raised/lowered their dividends during the week ending November 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 Aaron’s (AAN): now $0.025 per share quarterly dividend, was $0.023. Acadia Realty Trust (AKR): now $0.25 per share quarterly dividend, was $0.24. Automatic Data Processing (ADP): now $0.53 per share quarterly dividend, was $0.49. ClearOne (CLRO): now $0.05 per share quarterly dividend, was $0.035. D.R. Horton, Inc. (DHI): now $0.08 per share quarterly dividend, was $0.0625. DCT Industrial Trust (DCT): now $0.29 per share quarterly dividend, … Read more

Stock Market Outlook for 2021

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By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more