RLI

2,350-2,750 on the S&P? Could the Coronavirus Catalyze a Financial Crisis?

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Image: We think a rather modest sell-off in the market to the target range of 2,350-2,750 on the S&P 500 is rather reasonable in the wake of one of the biggest economic shocks since the Global Financial Crisis. The chart above shows how far markets have advanced since 2011, and an adjustment lower to the target range of 2,350-2,750 is rather modest in such a context and would only bring markets to late 2018 levels (note red box as the target range). The range reflects ~16x S&P 500 12-month forward earnings estimates, as of February 14, adjusted down 10% due to COVID-19. When companies like Visa talk about a couple percentage points taken off of growth rates, one knows that … Read more

Dividend Increases/Decreases for the Week May 6

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Below we provide a list of firms that raised their dividends during the week ending May 6. 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 Financial (AFG): now $8.00 per share special dividend, was $0.56. Amerigo Resources (ARREF): now CAD 0.03 per share quarterly dividend. Arbor Realty Trust (ABR): now $0.38 per share quarterly dividend, was $0.37. Arc Resources (AETUF): Now CAD 0.12 per share quarterly dividend, was CAD 0.10. Barrick Gold (GOLD): now $0.20 per share quarterly dividend, was $0.10. Baxter (BAX): now $0.29 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week Ending May 6

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Below we provide a list of firms that raised/lowered their dividends during the week ending May 6. 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 Agree Realty Corporation (ADC): now $0.48 per share quarterly dividend, was$0.465. American Campus Communities (ACC): now $0.42 per share quarterly dividend, was $0.40. AMG Advanced Metallurgical Group NV (AMVMF): now €0.11 per share semi-annual dividend, was €0.10. Ardmore Shipping (ASC): now $0.16 per share quarterly dividend, was $0.13. Artesian Resources Corporation (ARTNA): now $0.2249 per share quarterly dividend, was $0.2216. Bank Mutual Corporation (BKMU): now $0.055 … Read more

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

Dividend Increases/Decreases for the Week Ending May 5

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Below we provide a list of firms that raised/lowered their dividends during the week ending May 5. 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 Campus Communities (ACC): now $0.44 per share quarterly dividend, was $0.42. Ameriprise Financial (AMP): now $0.83 per share quarterly dividend, was $0.75. Apple (AAPL): now $0.63 per share quarterly dividend, was $0.57. Arbor Realty Trust (ABR): now $0.18 per share quarterly dividend, was $0.17. Artesian Resources (ARTNA): now $0.2317 per share quarterly dividend, was $0.2283. Barnes Group (B): now $0.14 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week Ending May 3

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Below we provide a list of firms that raised their dividends during the week ending May 3. 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 Alexander & Baldwin (ALEX): now $0.165 per share quarterly dividend, was $0.145. American Campus Communities (ACC): now $0.47 per share quarterly dividend, was $0.46. Ames National Corporation (ATLO): now $0.24 per share quarterly dividend, was $0.23. Apple (AAPL): now $0.77 per share quarterly dividend, was $0.73. BP Midstream Partners (BPMP): now $0.3126 per share quarterly dividend, was $0.3015. Cal-Maine Foods (CALM): now $0.272 per share quarterly … Read more

Dividend Increases/Decreases for the Week of May 5

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Below we provide a list of firms that raised their dividends during the week ending May 5. 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                          Allied Motion Technologies (AMOT): now $0.03 per share quarterly dividend, was $0.025. American International Group (AIG): now $0.36 per share quarterly dividend, was $0.32. Apple (AAPL): now $0.24 per share quarterly dividend, was $0.23. Arbor Realty Trust (ABR): now $0.42 per share quarterly dividend, was $0.40. ARC Resources (ARX:CA): now CAD 0.17 per share quarterly dividend, was CAD 0.15. Berry (BRY): now $0.12 per … Read more