FXC

Dividend Increases/Decreases for the Week Ending April 6

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Below we provide a list of firms that raised their dividends during the week ending April 6. 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 Bank of the Ozarks (OZRK): now $0.195 per share quarterly dividend, was $0.19. BP Prudhoe Bay Royalty Trust (BPT): now $1.2748 per share quarterly dividend, was $1.23. Cisco (CSCO): now $0.33 per share quarterly dividend, was $0.29. CurrencyShares Australian Dollar Trust ETF (FXA): now $0.05599 per share monthly dividend, was $0.05154. CurrencyShares Canadian Dollar Trust ETF (FXC): now $0.01500 per share monthly dividend, was $0.01107. Dollar … Read more

Currency: Cases in Probabilistic Thinking

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The rally in the Mexican peso relative to the US dollar during the first Trump-Clinton debate of 2016 showcased the increased likelihood of a Clinton victory, in light of Trump’s current political agenda. Instances like this, where currency markets serve to act as a probability indicator of the likelihood of a future event, have occurred through the course of history, the most fasinating of which happened during the American Civil War and with Confederate scrip specifically. Image Source: Bloomberg, “Mexican Peso Gives Clearest Signal Trump Lost Debate“ By Brian Nelson, CFA At Valuentum, we talk a lot about how markets act as “discounting” mechanisms of the probability of future events, and more specifically as it relates to stocks, how a … Read more

When “Bad” News Is “Good” News…Take A Euro Trip?

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Pack the bags, kiss the grandkids, it’s time to do some traveling!!! Maybe to Europe? From a global perspective, for those whose wealth and income is generated in US dollars, you can arguably buy more with one US dollar today than at any other time in the past 12 years, according to a popular index that measures the value of the dollar versus a basket of other currencies. Expectations are being ratcheted up for impending interest rate hikes by the Fed, and this means that assets are flying into US greenbacks from all over the world. The dollar is strengthening against the euro, the pound, the loonie, the aussie, the rand, and the list goes on and on. This decade … Read more