ORCL

Oracle’s Dividend Still Very Healthy

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Image Source: May Wong Oracle issued what is likely conservative fiscal first-quarter 2019 guidance, but the company continues to generate record amounts of operating cash flow and has a solid net cash position on the books. We’re not worried about the dividend. By Brian Nelson, CFA Oracle’s (ORCL) Dividend Cushion ratio is 4.5 at the time of this writing, meaning that, on the basis of expectations of future free cash flows relative to expected cash dividends paid, assuming a nice 12-18% annual growth rate in dividends per share over the next 5 years (as shown in its dividend report), and factoring in its net cash position on the balance sheet, we expect Oracle to cover future expected cash dividends paid … Read more

Study: Valuentum’s Best Ideas Newsletter Portfolio

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To read the study, please click on the image to download the pdf document (pdf).

ICYMI: Valuentum’s Improved Stock and ETF Web Pages

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Valuentum has rolled out improved stock and ETF web pages on its website valuentum.com/. Now, subscribers can access key proprietary information on the stock and ETF web pages in addition to the customary stock and ETF reports. Dear reader, We have some exciting news that we can’t wait to share with you! At valuentum.com/, we have rolled out new stock and ETF pages that conveniently include a variety of our proprietary metrics from the Dividend Cushion ratio to the Economic Castle rating and beyond! There’s even mouseover functionality so you can learn about how we define the key metrics across our stock-selection and dividend growth methodologies. You’ll still have access to the stock and dividend reports on the landing pages, … Read more

Portfolios: Dividend Growth Versus Best Ideas

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Let’s talk about the difference between the Dividend Growth Newsletter portfolio and the Best Ideas Newsletter portfolio. Hi folks, I wanted to post a short note because it’s important that we continue to explain the difference between the two newsletter portfolios that we provide as part of the individual membership. We publish a Dividend Growth Newsletter and a Best Ideas Newsletter, the former delivered on the 1st of the month and the latter delivered on the 15th of the month. We also cover and provide reports on over 1,000 stocks and dividends on our website, as well as provide quarterly publications like the Dividend100 publication, for example. We cover the bases. We also provide the monthly Nelson Exclusive publication, which by … Read more

Dividend Growth Portfolio: Adding Two New Gems

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  We’re making some moves in the Dividend Growth Newsletter portfolio today. By Brian Nelson, CFA We decided to remove Boeing (BA) and Procter & Gamble (PG) from the Dividend Growth Newsletter portfolio recently. You can view the Dividend Growth Newsletter notification log here. We still like both companies a lot. Boeing has a fantastic position and an inherently hedged business portfolio, while Procter & Gamble still retains some of the best consumer brands, even after a rather aggressive brand simplification process. However, Boeing has run too far too fast, and we can’t rule out P&G turning into another General Electric (GE) given its decision, too, to shrink its brand exposure. We’re replacing those two stalwarts with two key players … Read more

Market Overreacts to Oracle’s Cloud Outlook

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Image Shown: The performance of Oracle since the March 2009 bottom. By Brian Nelson, CFA On March 19, Oracle (ORCL) reported in-line fiscal third-quarter results that showed revenue advancing 6.1%, operating income increasing 15.2%, and net income before income taxes jumping 22.3%. The quarter was impacted by a large one-time impact from the U.S. 2017 Tax Cuts and Jobs Act, making year-over-year comparisons on an after-tax basis less meaningful. The company’s fiscal third-quarter non-GAAP earnings per share number of $0.83 translates to 20% growth, and thus far during the fiscal year, non-GAAP earnings-per-share has advanced 16%. Oracle continues to execute well on its growth initiatives. However, the market was looking for a bit more with its outlook, as shares were … Read more

The “Luck” and “Randomness” of Index Funds

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Please select the image below to download the document. Image shown, page 1 of 14. Tickerized for Valuentum’s coverage universe.

Video: Quants! You’re NOT Measuring VALUE and Nelson’s Theory of Universal Value

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President of Investment Research Brian Nelson defines the concept of universal value and shows how quantitative statistical methods are inextricably linked to those of fundamental, financial, business-model related analysis. Value does not exist in respective process vacuums! Value is universal. Find out why. Running time: ~10 minutes.  Tickerized for Valuentum’s stock and ETF coverage universe. Transcript Hi this is Brian Nelson from Valuentum Securities, and this is the tenth edition of a series that I call “Off the Cuff,” where I get in front of the camera and I talk for ten minutes. This is what we have to talk about today. We have to talk about this concept: The Theory of Universal Value. Value does not exist in vacuums … 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 March 17

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Below we provide a list of firms that raised/lowered their dividends during the week ending March 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 AirBoss of America (ABSSF): now CAD 0.07 per share quarterly dividend, was CAD 0.065. Ashford Hospitality Prime (AHP): now $0.16 per share quarterly dividend, was $0.12. CareTrust REIT (CTRE): now $0.185 per share quarterly dividend, was $0.17. CECO Environmental (CECE): now $0.075 per share quarterly dividend, was $0.066. Dollar General (DG): now $0.26 per share quarterly dividend, was $0.25. Federal Agricultural Mortgage (AGM): now $0.36 per … Read more