PCG

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

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

Dividends Increases/Decreases for the Week Ending June 2

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Below we provide a list of firms that raised/lowered their dividends during the week ending June 2. 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 American Tower (AMT): now $0.64 per share quarterly dividend, was $0.62. CoreSite Realty (COR): now $0.90 per share quarterly dividend, was $0.80. KLA-Tencor (KLAC): now $0.59 per share quarterly dividend, was $0.54. Laurentian Bank of Canada (LRCDF): now CAD 0.62 per share quarterly dividend, was CAD 0.61. Lowe’s Companies, Inc. (LOW): now $0.41 per share quarterly dividend, was $0.35. Monro Muffler (MNRO): now $0.18 per share … 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

Utilities and Telecoms to Benefit Most from Corporate Tax Reduction?

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Image Source: Michael Vadon By Kris Rosemann and Brian Nelson, CFA Speculation over which sectors may be the biggest beneficiaries of the incoming Trump administration has been running rampant in recent weeks, and we’ve received questions from members pertaining to this topic, specifically with respect to the utilities and telecom sectors. In fact, an article in the Financial Times, released mid-November, tabbed the utilities (XLU) and telecom (XTL) spaces as two sectors that may be able to generate outsize earnings improvements thanks to a reduced corporate income tax. But will they truly benefit over the long haul? Let’s walk through our take on the impact a potential reduction in corporate tax rates may provide these two areas. It may not all be … Read more

Dividend Increases/Decreases for the Week Ending May 27

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Below we provide a list of firms that raised/lowered their dividends during the week ending May 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 Bank of Montreal (BMO): now C$0.86 per share quarterly dividend, was C$0.84. Brandywine Realty Trust (BDN): now $0.16 per share quarterly dividend, was $0.15. Bunge (BG): now $0.42 per share quarterly dividend, was $0.38. Cabot (CBT): now $0.30 per share quarterly dividend, was $0.22. Canadian Imperial Bank (CM): now C$1.21 per share quarterly dividend, was C$1.18. Donaldson (DCI): now $0.175 per share quarterly dividend, was $0.17. … Read more

Trouble Ahead for Sempra Energy?

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By Kris Rosemann On October 23, 2015, Southern California Gas Company, an indirect subsidiary of Sempra Energy (SRE), discovered a leak at one of its injection and withdrawal wells at its Aliso Canyon natural gas storage facility, which is located in the northern part of the San Fernando Valley in Los Angeles County about 20 miles from downtown Los Angeles. The facility is the largest underground storage facility on the West Coast. The well is more than one mile away and 1,200 feet above the nearest residences, and is one of more than 100 injection and withdrawal wells at the storage facility. Despite spewing copious amounts of dangerous gases–including methane–into the atmosphere, the company has stated that the leak has … Read more

Utilities Are Safe Income Vehicles…Most of the Time

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Many dividend growth investors have capital invested in steady-eddy utilities firms, and there is nothing wrong with that. In fact, we also have exposure to the Utilities Select SPDR ETF (XLU) in the Best Ideas portfolio and to PPL (PPL) in the Dividend Growth portfolio. Though the regulated ‘returns’ and steady performance of utility-entities are quite attractive, especially when they pay annual dividend yields of 3%-4% per annum or more, we think it is very important for investors of all types to understand that the dividends of utilities are not without risks. In fact, the nature of their capital structure sometimes exposes utilities to more risks than other entities, especially with respect to the dividend. Before we get started, it’s … Read more