REYN

Procter & Gamble’s Bright Investor Day Buoys Our Views on Stock

by

  Image: Procter & Gamble has delivered pre-, during, and post-pandemic, and its long-term growth targets remain reasonable, in our view. Image Source: P&G By Brian Nelson, CFA Procter & Gamble (PG) is doing a lot of things right these days. Years ago, we were skeptical of management’s decision to streamline its business by reducing the number of its valuable brands to 65 from 170, but it has paid off. Over the past five years, shares of P&G have advanced more than 60%, and this excludes its nice and growing dividend payout. We liked a lot about what P&G revealed during its Investor Day November 17, and the company remains a strong consideration for both income and dividend growth investors … Read more

Consumer Staples Struggling with Higher Inflationary Costs, Group Hits 52-Week Lows

by

Image: The Vanguard Consumer Staples ETF (VDC) has notched a new 52-week low, and investors should note that we don’t think consumer staples entities are immune to an environment of higher inflation, where their price increases may not be fully absorbed by the consumer. Due to the commoditization of many of the goods produced in the consumer staples space, we think the consumer may instead trade down to off-brands or white label (“store brand”) products than pay up for branded merchandise. By Brian Nelson, CFA On June 10, the U.S. Bureau of Labor Statistics released its Consumer Price Index Summary for May showing inflation continues at an elevated pace, “with the indexes for shelter, gasoline, and food being the largest … Read more

Dividend Increases/Decreases for the Week Ending March 13

by

Below we provide a list of firms that raised their dividends during the week ending March 13. 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 Aberdeen Emerging Markets Equity Income Fund (AEF): now $0.054 per share quarterly dividend, was $0.045. Acushnet Holdings (GOLF): now $0.155 per share quarterly dividend, was $0.140. AGNC INVT 1000 DR REP 1 SRS F PRF (AGNCP): now $0.27222 per share quarterly dividend. Altius Minerals (ATUSF): now CAD 0.05 per share quarterly dividend, was CAD 0.04. American Tower (AMT): now $1.08 per share quarterly dividend, was $1.01. … Read more

Stock Market Outlook for 2021

by

By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more

Dividend Increases/Decreases for the Week February 19

by

Below we provide a list of firms that raised their dividends during the week ending February 19. 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 Analog Devices (ADI): now $0.69 per share quarterly dividend, was $0.62. Arbor Realty Trust (ABR): now $0.33 per share quarterly dividend, was $0.32. ARC Document Solutions (ARC): now $0.02 per share quarterly dividend, was $0.01. CAI International (CAI): now $0.30 per share quarterly dividend, was $0.25. Canadian General Investments (CGRIF): now CAD 0.22 per share quarterly dividend, was CAD 0.21. Cimarex Energy (XEC): now $0.27 per … Read more