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Dividend Increases/Decreases for the Week of March 21

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Below we provide a list of firms that raised their dividends during the week ending March 21. 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                          Africa Oil Corp. (AOIFF): now $0.0371 per share quarterly dividend, was $0.0250. AG Mortgage Investment Trust (MITT): now $0.20 per share quarterly dividend, was $0.19. Alvopetro Energy (ALVOF): now $0.10 per share quarterly dividend, was $0.09. Americold Realty Trust (COLD): now $0.23 per share quarterly dividend, was $0.22. Andlauer Healthcare Group (AND:CA): now CAD 0.12 per share quarterly dividend, was CAD 0.11. ArcelorMittal S.A. … Read more

Apple iPhone Supply Disruptions Not Likely to Hurt Markets with Overall Holiday Sales Reportedly Strong

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Image: Holiday sales are expected to expand ~2.5% in 2022 over very strong growth in 2021 and 2020. Image Source: Adobe By Brian Nelson, CFA Tesla (TSLA) CEO Elon Musk and Apple (AAPL) CEO Tim Cook seemingly have worked out a plan for Apple to keep advertising on the Twitter platform after what looked to be a temporary pause by the iPhone maker. Though the news is immaterial to our thesis on Apple in any respect, it was good to see the two tech giants work whatever differences they had out. Certainly, a fallout between Musk and Cook would not be a good thing for the tech sector and innovation, more broadly, as the two wield large influences across Silicon … Read more

Target’s Holiday Outlook Sends Mixed Messages; Big Sales Data Week Ahead

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Image Source: Valuentum “Nearly all of the slowdown was driven by our discretionary categories, Apparel, Home and Hardlines, as our guests became increasingly cautious in their spending in those categories at both Target and throughout the industry more broadly. So far in the month of November, trends have been largely consistent with what we were seeing at the end of October, in terms of our comp trends, the mix of sales between frequency and discretionary businesses and the focus on promotions by our guests.” – Target’s 3Q Conference Call By Brian Nelson, CFA After Walmart (WMT) reported its third-quarter earnings November 15, “Walmart Is Back on Track; Markets Looking Healthier,” we thought things were looking a bit better across the … Read more

Gut-Wrenching Volatility and Credit Facility Panic

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Image shown: Stock markets have never been this volatile in history. — By Brian Nelson, CFA — The markets are gyrating again Wednesday morning, March 25, as investors digest the passing of a stimulus package to mitigate the dire impact on the U.S. economy of the COVID-19 outbreak, which continues to run rampant around the world, with the World Health Organization pointing to the United States (New York) as the next epicenter of the virus. We’ll have more to say about the stimulus plan later today, but there are a few things I wanted to make you aware of in the meantime. — The Dow Jones Industrial Average registered its largest one-day point gain during the trading session March 24 (one of its highest percentage … Read more

Mall Retail Armageddon?

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We think investors should be extremely cautious if they are interested in any mall retailers. Mall REITs are starting to feel some of the pain, too. By Brian Nelson, CFA Our latest channel checks at the malls foreshadowed what eventually turned into a terrible showing during the first quarter for the department stores such as J.C. Penney, Kohl’s and Nordstrom, but the apparel names and other niche shops are feeling the pain, too. It is becoming eerie when visiting the malls these days. In some of the locations we’re visiting, hardly anyone is there! Generation Z may not pick up the slack from the millennial generation, and it is showing up in the numbers big time. Here’s a run down … Read more

Dividend Increases/Decreases for the Week of May 17

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Below we provide a list of firms that raised their dividends during the week ending May 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                          A2A S.p.A. (AEMMY): now $0.3362 per share annual dividend, was $0.3202. Advanced Drainage Systems (WMS): now $0.16 per share quarterly dividend, was $0.14. AIXTRON SE (AIIXY): now $0.576 per share annual dividend, was $0.452. AMMO, Inc. 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.553. Artisan Partners Asset Management (APAM): now $0.61 per share quarterly dividend, was $0.34. Assicurazioni Generali … Read more