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US Congress Is Getting Ready to Pass a Massive ~$2.2 Trillion Fiscal Stimulus Bill

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Image Shown: US equities have started to recover some of their lost ground as the likelihood that the US Congress will pass a massive ~$2.2 trillion fiscal stimulus and emergency spending package, dubbed the CARES Act, has increased significantly over the past week as seen through the bounce in the SPDR S&P 500 ETF Trust (SPY). President Trump has clearly indicated that he intends to sign such a bill into law as soon as possible, with the US House of Representatives expected to take up the legislation this upcoming Friday morning on March 27. By Callum Turcan On March 25, the US Senate worked late into the night to secure a bipartisan compromise on a massive ~$2.2 trillion fiscal stimulus … Read more

VIDEO/TRANSCRIPT: 2021 Valuentum Exclusive Call: Inflation Is Good

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Valuentum’s President Brian Michael Nelson, CFA, explains why investors should not fear inflation, why government agencies such as the Fed and Treasury are prioritizing something other than price discovery, why the 10-year Treasury rate is a must-watch metric, and why Valuentum prefers the moaty constituents in large cap growth due to their net cash rich balance sheets, tremendous free cash flow generating potential, and secular growth tailwinds. Transcript: << Valuentum’s Best Ideas On behalf of the Valuentum team, I’d like to present to you our prepared remarks for the Valuentum Exclusive conference call for 2021. It is both an honor and a privilege to share our team’s work with you, and I personally am very grateful for your continued interest … Read more

Dividend Increases/Decreases for the Week of January 27

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Below we provide a list of firms that raised their dividends during the week ending January 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                Air Products and Chemicals (APD): now $1.75 per share quarterly dividend, was $1.62. Alliant Energy (LNT): now $0.4525 per share quarterly dividend, was $0.4275. American Express (AXP): now $0.60 per share quarterly dividend, was $0.52. Applied Industrial Technologies (AIT): now $0.35 per share quarterly dividend, was $0.34. Archer-Daniels-Midland (ADM): now $0.45 per share quarterly dividend, was $0.40. Archrock (AROC): now $0.15 per share quarterly dividend, … Read more

Dividend Increases/Decreases for the Week January 28

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Below we provide a list of firms that raised their dividends during the week ending January 28. 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 Accord Financial (ACCFF): now CAD 0.075 per share quarterly dividend, was CAD 0.050. Alliance Resource Partners (ARLP): now $0.25 per share quarterly dividend, was $0.20. Anthem (ANTM): now $1.28 per share quarterly dividend, was $1.13. Applied Industrial Technologies (AIT): now $0.34 per share quarterly dividend, was $0.33. Archer-Daniels-Midland (ADM): now $0.40 per share quarterly dividend, was $0.37. Arrow Financial (AROW): now $0.27 per share quarterly dividend, … Read more

Dividend Increases/Decreases for the Week Ending July 26

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Below we provide a list of firms that raised their dividends during the week ending July 26. 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 Alliance Resource Partners (ARLP): now $0.54 per share quarterly dividend, was $0.535. Amphenol (APH): now $0.25 per share quarterly dividend, was $0.23. Aqua America (WTR): now $0.2343 per share quarterly dividend, was $0.219. Archrock (AROC): now $0.145 per share quarterly dividend, was $0.132. BancorpSouth (BXS): now $0.185 per share quarterly dividend, was $0.17. Bank of America (BAC): now $0.18 per share quarterly dividend, was $0.15. Bank … Read more

ICYMI — Video: Will Hasty Policy Facilitate the Next Leg Down, or Do We Have It Coming Anyway?

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President of Investment Research and award-winning author of Value Trap: Theory of Universal Valuation Brian Nelson explains how US policymakers are stuck between a rock and a hard place, and how the market may be factoring in too high of a probability of a return to normalcy before 2021. This and more in the latest video report. Summary Make sure you review Value Trap on Amazon. Do so here. We think those that bought equities near the bottom of this swoon may be looking to take profits at present levels. The market is currently reflecting an 80%-85% probability of a return to normalcy before 2021, which we believe is too high at this time. Our main concern is that government … Read more

How to Think About Corporate Tax Reform

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Industrial Bellwethers A Mixed Bag: GE, BA, CAT, DE, UNP

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Image Source: Caterpillar Inc – May 2022 Caterpillar Investor Day Presentation By Callum Turcan In this article, we cover the industrial landscape by digging into the recent financial and operational performance of General Electric Company (GE), Boeing Co (BA), Caterpillar Inc (CAT), Deere & Company (DE), and Union Pacific Corporation (UNP). Common themes include robust demand for their offerings, healthy order backlogs, and meaningful pricing power, though headwinds include substantial inflationary pressures, supply chain hurdles, and in certain instances, geopolitical tensions. General Electric will soon separate into three different publicly traded companies, and on a consolidated basis the firm is doing much better than years past. In 2022 and on a non-GAAP basis, General Electric is guiding for a 150+ … Read more

7 Hidden Dividend Aristocrats in Industrials

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Image notes: The price-to-fair value ratio shows the relationship between the company’s stock price and our discounted cash-flow derived fair value estimate. Price is what you pay for the stock, while value is what you get. Price and fair value seldom equal. The savvy investor seeks to find stocks whose price is far below an informed forward-looking cash-flow-based fair value estimate of their intrinsic value. The Dividend Cushion ratio is a proprietary Valuentum measure that drives our assessment of the company’s Dividend Safety rating. The forward-looking measure assesses dividend coverage via the cash characteristics of the business. The Dividend Cushion is a ratio that sums the existing net cash (total cash less total long-term debt) a company has on hand … Read more