EPD

Dividend Increases/Decreases for the Week Ending July 12

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Below we provide a list of firms that raised their dividends during the week ending July 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 Antero Midstream (AM): now $0.3075 per share quarterly dividend, was $0.3025. Bank of America Corporation Deposit Shs Perp Pfd Shs Series E (BAC.PE): now $0.2556 per share quarterly dividend, was $0.2472. BP Prudhoe Bay Royalty Trust (BPT): now $0.5510 per share quarterly dividend, was $0.3449. Clough Global Allocation Fund (GLV): now $0.1032 per share monthly dividend, was $0.1023. Cummins (CMI): now $1.311 per share quarterly dividend, … Read more

Booking Holdings’ Quarter; Still More MLP Transparency Needed, More Reports

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— Booking Holdings’ Quarter; Still More MLP Transparency Needed, More Reports —  In alphabetical order by ticker symbol: ALB, BKNG, DDD, ET, GPRO, JD, KDP, OSTK, SONO, YELP  —  Albemarle (ALB): Albemarle remains on our list of unique ideas in the chemicals space. The company is heavily tied to lithium production, and it has one of the lowest-cost positions for lithium carbonate and lithium hydroxide (a source of sustainable competitive advantage). We view this as a fantastic opportunity, especially as it relates to expectations for a surge in electric vehicle demand in coming years. Though lithium represents just one portion of its specialty chemicals operations (it also produces bromine specialties and catalysts), the company’s diversification has rewarded shareholders with more than … Read more

Recently Asked Questions

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Image Source: Eric A version of this article appeared on our website November 2015. Article last updated June 2017. Republished May 7, 2019. The following questions cover the following topics: 1) Can you explain what the Dividend Cushion ratio measures and what it doesn’t? 2) Can you explain the difference between the raw, unadjusted Dividend Cushion ratio and the adjusted Dividend Cushion ratio? 3) Can you talk more about the Valuentum Buying Index (VBI) ratings? Why do some of your favorite ideas in the newsletter portfolios have lower VBI ratings than ones that are not in the newsletter portfolios? 4) Can you explain why you don’t always include companies in the newsletter portfolios that have strong Economic Castles, solid Dividend … Read more

Dividend Increases/Decreases for the Week Ending April 12

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Below we provide a list of firms that raised their dividends during the week ending April 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 Antero Midstream (AM): now $0.3025 per share quarterly dividend, was $0.164. Bed Bath & Beyond (BBBY): now $0.17 per share quarterly dividend, was $0.16. Clough Global Allocation Fund (GLV): now $0.1034 per share monthly dividend, was $0.1032. Clough Global Equity Fund (GLQ): now $0.1137 per share monthly dividend, was $0.1123. Clough Global Opportunities Fund (GLO): now $0.0893 per share monthly dividend, was $0.0882. Enterprise Products Partners … Read more

Earnings Not So Hot, High Yield Dividend Newsletter Archives

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No change to newsletter portfolios. By Brian Nelson, CFA Against a backdrop of US-China trade tensions, a Fed that continues to balance the need to hike rates with caution against purposefully and meaningfully inverting the yield curve, US GDP growth humming along at 2%-3%, and news from Tesla (TSLA) CEO Elon Musk, who says something big is in store for tonight. Incidentally, he changed his Twitter name to Elon Tusk. Was it to match our typo yesterday? Elon – if you’re listening, give us a shout out! We love Tesla’s future expected free cash flow! Just some housekeeping items before we get started. For our High Yield Dividend Newsletter members and our Exclusive members, we do not house the archived … Read more

S&P Global: “Enterprise’s shift on cash flow reflects ‘metamorphosis’ of US pipeline firms”

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S&P Global: “While several major U.S. energy pipeline companies spent 2018 shedding cash-leaking habits and forging a more conventional financial structure as stocks languished, adopting reporting practices that are more accessible to the investing public could be a gradual process for the industry, if it takes flight at all.” S&P Global: “Enterprise’s shift on cash flow reflects ‘metamorphosis’ of US pipeline firms” Click here to read the article. Tickerized for holdings in the Alerian MLP ETF (AMLP). Pipelines – Oil & Gas: BPL, DCP, ENB, EPD, ET, GMLP, HEP, KMI, MMP, NS, PAA, WES —– Valuentum members have access to our 16-page stock reports, Valuentum Buying Index ratings, Dividend Cushion ratios, fair value estimates and ranges, dividend reports and more. Not … Read more

MLPs Starting to Adopt Free Cash Flow?

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Image shown: Since mid-June 2015, the price of an ETF tracking the midstream MLP energy space (AMLP) has fallen more than 40% while the S&P 500 (SPY) has rallied more than 30%. No changes to simulated newsletter portfolios. By Brian Nelson, CFA Hi everyone! Hope you are having a nice start to the week. I have some great news for investors. In my lengthy piece from last Tuesday, which can read here, I talked about how master limited partnerships (MLPs) may be starting to embrace the very important metric free cash flow. If you remember, free cash flow is generally calculated as cash flow from operations less allcapital spending.  On the other hand, distributable cash flow, or the most widely-disseminated metric across midstream equities, generally excludes growth capital … Read more

Questions Answered!

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Image shown: The S&P 500 (SPY) performance and the timing of when we went to “fully invested” in the simulated newsletter portfolios, the Best Ideas Newsletter and Dividend Growth Newsletter. No changes to simulated newsletter portfolios. By Brian Nelson, CFA Hi everyone! Trust you are doing great. Here’s what you need to know about the broader market backdrop.  1) We’ve been expecting a more dovish Fed as the yield curve continues to threaten material inversion. We doubt the Fed will materially and purposefully invert it. The behavioral risks of actually causing a recession by doing so are too great. That means yield-oriented equities may continue to breathe a sigh of relief. This is good for ideas in the simulated Dividend … Read more

Kinder Morgan Reiterates Dividend Growth Intention

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Image shown: Kinder Morgan’s pipeline network and estimated breakdown of 2018 EBDA. Source: Kinder Morgan investor presentation Pipeline operator Kinder Morgan has benefited from a significant increase in natural gas supply and demand of late, and it expects more of the same in 2019. Management continues to execute on its capital allocation priorities, and it reiterated previously-announced guidance for dividend growth in the years ahead.  By Kris Rosemann 2018 was a transformative year for Kinder Morgan (KMI). The once-troubled pipeline operator has come a long way in terms of capital allocation since its massive dividend cut in late 2015, but management continues to expect significant growth in the payout in the years ahead. The company’s growth in 2018 (fourth quarter … Read more

Dividend Increases/Decreases for the Week Ending January 18

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Below we provide a list of firms that raised their dividends during the week ending January 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 Alliant Energy (LNT): now $0.355 per share quarterly dividend, was $0.335. Ally Financial (ALLY): now $0.17 per share quarterly dividend, was $0.15. Antero Midstream GP (AMGP): now $0.164 per share quarterly dividend, was $0.144. Antero Midstream Partners (AM): now $0.47 per share quarterly dividend, was $0.44. Apogee (APOG): now $0.175 per share quarterly dividend, was $0.1575. BlackRock (BLK): now $3.30 per share quarterly dividend, was $3.13. … Read more