GBX

Dividend Increases/Decreases for the Week of April 4

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Below we provide a list of firms that raised their dividends during the week ending April 4. 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                          Adecoagro (AGRO): now $0.175 per share semi-annual dividend, was $0.174. Banco Santander (SAN): now EUR 0.1100 per share final dividend, was $0.1152. Bank OZK (OZK): now $0.43 per share quarterly dividend, was $0.42. Brookfield Renewable Power Preferred Equity Inc. PREF SHS CL A 2 (BRF.PR.B:CA): now CAD 0.3318 per share quarterly dividend. Compass Diversified Holdings Non-Cum Red Pfd Registered Series A (CODI.PR.A): now $0.4532 … Read more

How Some Members Use Valuentum’s Investment Services

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By Brian Nelson, CFA Thank you for your membership to Valuentum. We serve a wide variety of investors, including dividend growth investors, value investors, and pure Valuentum investors, among others. Many different types of investors and professionals use our research and financial analysis in a whole host of applications from individual stock-selection to the evaluation of closed-end funds to an overlay in a money-management setting and beyond. We wanted to make sure that you know that, if you’re a dividend growth or income investor, that there are others that use our website to utilize the Valuentum process, fair value estimates and other metrics. Similarly, if you’re a practitioner of the Valuentum system, I wanted to make sure that you are … Read more

Dividend Increases/Decreases for the Week of June 30

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Below we provide a list of firms that raised their dividends during the week ending June 30. 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                          Amdocs (DOX): now $0.435 per share quarterly dividend, was $0.395. Amplify BlackSwan ISWN ETF (ISWN): now $0.1414 per share quarterly dividend, was $0.127. ASUSTeK Computer (ASUUY): now $1.9078 per share dividend. Bancolombia S.A. (CIB): Now $0.852 per share quarterly dividend, was $0.6505. Bankinter (BKNIY): now $0.0818 per share quarterly dividend. Benchmark Bankshares (BMBN): now $0.40 per share semi-annual dividend. BOC Hong Kong (Holdings) (BHKLY): … Read more

Norfolk Southern’s Environmental and Safety Troubles Plague Stock

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Image: Norfolk Southern’s environmental troubles have sent its stock back to pre-pandemic levels. The company is yet another example of why companies cannot take for granted how their operations can negatively impact the environment. Image Source: TradingView By Brian Nelson, CFA Environment, Social, and Governance (ESG) dynamics have always commanded a large share of executives’ mindshare, but ESG investing has taken on a more prominent role in investing given the preference of many investors to hold stock in companies that share their personal values. But this isn’t lip service. Entities that aren’t taking the highest care when it comes to protecting the environment and ensuring employee/consumer safety can face a whirlwind of negative publicity and huge backlash that can have … Read more

ICYMI: Valuentum’s Brian Nelson on the Latest Howard Marks’ Memo: “Something of Value”

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Valuentum’s President of Investment Research Brian Michael Nelson, CFA, explains why there are not really value and growth stocks, why most of the research in quantitative finance is spurious and needs to be redefined on a forward-looking basis, and why enterprise valuation (not the efficient markets hypothesis) should be the organizing principle of finance. Nelson explains his views about valuation, what it means to be a value investor, and investing in the context of Oaktree Capital Howard Marks’ latest memo, “Something of Value,” January 11, 2021. Please don’t forget to give the second edition of the book “Value Trap” a 5-star rating on Amazon here. Thank you for your membership! —– Tickerized for holdings in the IWM. Valuentum members have … Read more

Value Is Not Static and the Qualitative Overlay Is Vital to Our Process

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With prudence and care, the Valuentum Buying Index process and its components are carried out. Our analyst team spends most of its time thinking about the intrinsic value of companies within the context of a discounted cash-flow model and evaluating the risk profile of a company’s revenue model. We have checks and balances, too. First, we use a fair value range in our valuation approach as we embrace the very important concept that value is a range and not a point estimate. A relative value overlay as the second pillar helps to add conviction in the discounted cash-flow process, while a technical and momentum overlay seeks to provide confirmation in all of the valuation work. There’s a lot happening behind the scenes even before a VBI rating is published, but it will always be just one factor to consider. Within any process, of course, we value the human, qualitative overlay, which captures a wealth of experience and common sense. We strive to surface our best ideas for members.

Dividend Increases/Decreases for the Week Ending January 10

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Below we provide a list of firms that raised their dividends during the week ending January 10. 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 Atco (ACLTF): now CAD 0.4352 per share quarterly dividend, was CAD 0.4048. B. Riley Financial Series A Cum Ppptl Pref Stk (RILYP): now $0.4297 per share quarterly dividend, was $0.1146. Bridge Bancorp (BDGE): now $0.24 per share quarterly dividend, was $0.23. Canadian Utilities (CDUAF): now CAD 0.4354 per share quarterly dividend, was CAD 0.4227. Clough Global Equity Fund (GLQ): now $0.1104 per share monthly dividend, was … Read more

Prepared Remarks From Nelson Exclusive Conference Call June 30

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Read President of Investment Research Brian Nelson’s prepared remarks for the yearly roundup conference call, held for Nelson Exclusive members. If you would like to subscribe to the Nelson Exclusive publication, please learn more about the publication here. The Nelson Exclusive publication does not reflect real performance. Performance is hypothetical and does not represent actual trading. Ladies and Gentlemen, Thank you very much for joining us on the first conference call for members of the Nelson Exclusive publication. The first year of the publication has surely been an exciting one for all involved. When I first wrote the introductory letter of the Nelson Exclusive on July 1, 2016, we were well-aware the market had laid down the gauntlet for this publication. … Read more

Valuentum’s 3 Breakthroughs in the Field of Finance and More

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Valuentum’s President Brian Nelson pauses for a picture before speaking at the CFA Society of Houston in March 2017. By Valuentum Editorial Staff Let’s cover Valuentum’s 3 major breakthroughs in the field of finance. The first one is big and may challenge you to rethink everything you think you know about investing. 1. On a logical framework, Valuentum has debunked John C. Bogle’s landmark syllogism that has paved the way for the concept of index investing. Index investing has been built on a logical shortcoming, whether supported by evidence or not. We think it is important that the investment community know of this. Read (pdf): The “Luck” and “Randomness” of Index Funds (2018), Brian Nelson, CFA See video documentation: /FALLACY_of_Index_Funds To … Read more

Dividend Increases/Decreases for the Week Ending April 14

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Below we provide a list of firms that raised/lowered their dividends during the week ending April 14. 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 $0.30 per share quarterly dividend, was $0.28. Citi Trends (CTRN): now $0.08 per share quarterly dividend, was $0.06. Euronext NV (EUXTF): now EUR 1.42 per share annual dividend, was EUR 1.24. Foot Locker (FL): now $0.31 per share quarterly dividend, was $0.275. Genesis Energy (GEL): now $0.72 per share quarterly dividend, was $0.71. Gladstone Investment (GAIN): now $0.064 per share monthly dividend, … Read more