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The Potash Situation Gets More Interesting

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Late last month, Russian producer Uralkali backed out of a highly profitable and rational potash cartel arrangement, creating a free-for-all in the global potash market. As a result, shares of North American potash producers such as Potash (click ticker for report: ), Mosaic (click ticker for report: ), Agrium (click ticker for report: ), and Intrepid Potash (click ticker for report: ) have come under significant pressure as a result of the prospects for significant lower economic returns. Then mining giant BHP (click ticker for report: ) confirmed it will invest in its Jansen potash project, which will add even more potash supply to the market. A look at industry bellwether Potash’s shares below reveals the recent difficult performance experienced by the … Read more

Dividend Increases for the Week Ending August 9 Included Leggett & Platt and Mondelez

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Below we provide a list of firms that upped their dividends for the week ending August 9. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports, please click here (or use our ‘Symbol’ search box in our website header). Firms Raising Their Dividends This Week Anadarko Petroleum (APC): now $0.18 per share quarterly dividend, was $0.09. Badger Meter (BMI): now $0.18 per share quarterly dividend, was $0.17. Bank Mutual Corp (BKMU): now $0.03 per share quarterly dividend, was $0.02. Cogent Communications (CCOI): now C$0.14 per share quarterly dividend, was $0.13. Gamco Investors (GBL): now $0.06 per share quarterly dividend, was $0.05. Hampden Bancorp (HBNK): now $0.06 per share quarterly … Read more

Uralkali Backs Out of Belarusian Potash Company; Industry to Change

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Early this morning, Russian fertilizer Uralkali announced it will leave the Belarusian Potash Company in order to grab market share. CEO Vladislav Baumgertner asserted that BPC partner Belaruskali had been making potash exports outside of the pre-arranged agreement, rendering the BPC useless. Until now, the potash industry had been a relatively stable cartel allowing industry participants to generate robust amounts of free cash flow as spot prices rested well above the cost of production. On a conference call following the announcement, Baumgertner mentioned that the price of potash could fall by over $100/tonne as Uralkali will boost production nearly 25% and look to steal market share. Uralkali is the largest single potash producer in the world and likely has the … Read more

Potash Corp Struggles with Weak Nutrient Prices

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Nutrient fertilizer producer Potash Corp (click ticker for report: ) posted weak second quarter results Thursday morning. Revenue declined 11% year-over-year to $2.1 billion, worse than consensus estimates had anticipated. Earnings per share, adjusted for one-time items, declined 26% year-over-year to $0.73 per share, which was also worse than consensus expectations. Free cash flow remained terrific at $848 million, equal to 40% of revenue. Image Source: POT 2Q 2013 Investor Slides Potash’s issue during the second quarter was the material decline in potash (the mineral) gross margins. Prices declined significantly, falling 18% year-over-year to $356 per tonne as robust North American farmer demand (up 28% year-over-year) was more than offset by lower realized prices shipped via Canpotex. Price is paramount … Read more

Search Dividend Reports by Company Name: Q to Z

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Going forward, please use the ‘Symbol’ search box to download stock and dividend reports of companies you are interested in. The ‘Symbol’ search box can be found in our website header. Image shown from above. Use the active search box in the website header above. Learn more about your membership >>  Note: We have now discontinued this list. Please use the ‘Symbol’ search box in the website header for stock and dividend reports. Please read about our Valuentum Dividend Cushion score (ratio) here. Just having access to this valuable metric alone could save your income portfolio thousands of dollars! The past meets the future as we showcase the Valuentum Dividend Cushion scores of Dividend Aristocrats in this article (click here). The dividend reports below … Read more

Dividend Increases/Decreases for the Week Ending August 2

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Below we provide a list of firms that raised their dividends during the week ending August 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 Alexander & Baldwin (ALEX): now $0.19 per share quarterly dividend, was $0.165. AllianceBernstein (AB): now $0.56 per share quarterly dividend, was $0.49. American States Water (AWR): now $0.305 per share quarterly dividend, was $0.275. Apollo Global Management (APO): now $0.50 per share quarterly dividend, was $0.46. Arbor Realty Trust (ABR): now $0.29 per share quarterly dividend, was $0.28. Artisan Partners Asset Management (APAM): now $0.60 per … Read more

Update: Frequently Asked Questions About Valuentum Securities, Inc.

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What is Valuentum Securities? Valuentum (val∙u∙n∙tum) [val-yoo-en-tuh-m] Securities Inc. is an independent investment research publisher, offering premium equity reports and dividend reports, as well as commentary across all sectors/companies, a Best Ideas Newsletter (spanning market caps, asset classes), a Dividend Growth Newsletter, modeling tools/products, and more. Independence and integrity remain our core, and we strive to be a champion of the investor. Valuentum is based in the Chicagoland area. Valuentum is not a money manager, broker, or financial advisor. Valuentum is a publisher of financial information. How do I subscribe to Valuentum’s investment research services? 1)    Click the following link: signup-page. 2)    Select your membership plan. 3)    Enter your contact details. 4)    Click ‘Sign Up.’ 5)    Complete your purchase. 6)   Your payment profile may be recurring, so please check … Read more

Nelson: The 16 Most Important Steps To Understand The Stock Market

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A previous version of this article appeared on our website July 21, 2013. Refreshed and updated throughout, as of July 2018. By Brian Nelson, CFA After earning my MBA at the University of Chicago Booth School of Business and training stock and credit analysts from large organizations over the past decade or so, I have heard just about every question (though I admit I am still surprised by many things and remain a very humble student of the markets). I’ve also spent years perfecting the discounted cash flow process for large research organizations such as Morningstar and studied under one of the most famed aggressive growth investors of all time, Richard Driehaus. My knowledge runs the gamut from value through … Read more

Dividend Increases/Decreases for the Week Ending August 4

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Below we provide a list of firms that raised/lowered their dividends during the week ending August 4. 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 States Water (AWR): now $0.255 per share quarterly dividend, was $0.242. Apollo Global Management (APO): now $0.52 per share quarterly dividend, was $0.49. Aqua America (WTR): now $0.2047 per share quarterly dividend, was $0.1913. Bank of Marin Bancorp (BMRC): now $0.29 per share quarterly dividend, was $0.27. Banco Santander (SAN): now $0.056 per share quarterly dividend, was $0.046. Cable One (CABO): now $1.75 per share … Read more

How to Think About Corporate Tax Reform

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