Our Thoughts on Chevron Buying Noble Energy

Image Shown: An overview of Chevron Corporation’s all-stock acquisition of Noble Energy Inc that was announced in July 2020. Image Source: Chevron Corporation – July 2020 Noble Energy Acquisition Presentation By Callum Turcan On July 20, Chevron Corporation (CVX) announced it was acquiring Noble Energy Inc (NBL) through a $5.0 billion all-stock transaction, or $13.0 billion when factoring in net debt and the book value of non-controlling interests. Shareholders of Noble Energy will receive approximately 0.12 share of Chevron for each share of Noble Energy. At the time the deal was announced, shareholders of NBL were receiving a ~12% premium based on the ten-day average closing stock prices. Chevron intends to issue ~58 million shares to cover the deal, keeping … Read more

Dividend Increases/Decreases for the Week of July 25

Below we provide a list of firms that raised their dividends during the week ending July 25. 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                          Archrock (AROC): now $0.21 per share quarterly dividend, was $0.19. Arrow Financial (AROW): now $0.29 per share quarterly dividend, was $0.28. Blackstone (BX): now $1.03 per share quarterly dividend, was $0.93. Cashmere Valley Bank (CSHX): now $0.95 per share semi-annual dividend, was $0.90. CB Financial Services (CBFV): now $0.26 per share quarterly dividend, was $0.25. ChipMOS (IMOS): now $0.836 per share American depositary share, … Read more

Dividend Increases/Decreases for the Week September 18

Below we provide a list of firms that raised their dividends during the week ending September 18. 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 Alaris Royalty (ALARF): now CAD 0.31 per share quarterly dividend, was CAD 0.29. Ardagh Group (ARD): now $0.15 per share quarterly dividend, was $0.14. BIOQUAL (BIOQ): now $1.10 per share annual dividend, was $0.70. Brady (BRC): now $0.22 per share quarterly dividend, was $0.2175. Canadian Banc Corp (CNDCF): now CAD 0.0619 per share monthly dividend, was CAD 0.0534. Citizens Financial Services (CZFS): now $0.46 per share … Read more

Dividend Increases/Decreases for the Week September 17

Below we provide a list of firms that raised their dividends during the week ending September 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 AFC Gamma (AFCG): now $0.43 per share quarterly dividend, was $0.38. AG Mortgage Investment Trust (MITT): now $0.21 per share quarterly dividend, was $0.07. American Financial Group (AFG): now $4.00 per share special dividend, was $2.24. American Tower (AMT): now $1.31 per share quarterly dividend, was $1.27. BIOQUAL (BIOQ): now $1.25 per share annual dividend, was $1.10. BRT Apartments (BRT): now $0.23 per share quarterly dividend, … Read more

Dividend Increases/Decreases for the Week May 20

Below we provide a list of firms that raised their dividends during the week ending May 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      Advanced Drainage Systems (WMS): now $0.12 per share quarterly dividend, was $0.11. American Tower (AMT): now $1.43 per share quarterly dividend, was $1.40. AMES National (ATLO): now $0.27 per share quarterly dividend, was $0.26. AMMO, Inc. 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.547. Brigham Minerals (MNRL): now $0.60 per share quarterly dividend, was $0.45. Chubb (CB): now $0.83 per share … Read more

Dividend Increases/Decreases for the Week of March 17

Below we provide a list of firms that raised their dividends during the week ending March 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                          Alpha Metallurgical (AMR): now $0.44 per share quarterly dividend, was $0.42. Andlauer Healthcare Group (AND:CA): now $0.08 per share quarterly dividend, was $0.07. ANGC Investment Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (AGNCN): now $0.6213 per share quarterly dividend, was $0.5743. Applied Materials (AMAT): now $0.32 per share quarterly dividend, was $0.26. Arcos Dorados (ARCO): now $0.19 per share annual dividend, was $0.15. … Read more

Dividend Increases/Decreases for the Week of May 19

Below we provide a list of firms that raised their dividends during the week ending May 19. 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                          Advanced Drainage Systems (WMS): now $0.14 per share quarterly dividend, was $0.12. AMMO 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.547. Chubb (CB): now $0.86 per share quarterly dividend, was $0.83. Columbia Banking System (COLB): now $0.36 per share quarterly dividend, was $0.30. ENI (E): now $0.4719 per share dividend, was $0.4663. Farmers and Merchants Bancshares (FMFG): now $0.33 … Read more

Dividend Increases/Decreases for the Week of September 15

Below we provide a list of firms that raised their dividends during the week ending September 15. 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                          Absa Group Limited (AGRPY): now $0.5518 per share dividend, was $0.5416. AGNC Investment Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (AGNCN): now $0.6676 per share quarterly dividend, was $0.6482. Andlauer Healthcare Group (AND:CA): now CAD 0.09 per share quarterly dividend, was CAD 0.08. Brambles (BXBLY): now $0.26 per share dividend, was $0.22. China Resources Cement Holdings (CARCY): now $0.1364 per share dividend, was … Read more

Dividend Increases/Decreases for the Week of October 27

Below we provide a list of firms that raised their dividends during the week ending October 27. 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                          AbbVie (ABBV): now $1.55 per share quarterly dividend, was $1.48. Adecoagro (AGRO): now $0.1649 per share semi-annual dividend, was $0.1626. American Electric Power (AEP): now $0.88 per share quarterly dividend, was $0.83. Amphenol (APH): now $0.22 per share quarterly dividend, was $0.21. Associated Banc-Corp (ASB): now $0.22 per share quarterly dividend, was $0.21. Atlantic Union Bank (AUB): now $0.32 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week of March 22

Below we provide a list of firms that raised their dividends during the week ending March 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                          ABB (ABBNY): now $0.999 per share annual dividend, was $0.916. AIB Group plc (AIBGY): now $0.385 per share annual dividend, was $0.086. American Healthcare REIT (AHR): now $0.25 per share quarterly dividend. Andlauer Healthcare (ANDHF): now CAD 0.10 per share quarterly dividend, was CAD 0.09. Andritz AG (ADRZY): now $0.3463 per share annual dividend, was $0.2837. Arcos Dorados (ARCO): now $0.24 per share annual … Read more