VRT

There Will Be Volatility

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By Brian Nelson, CFA Last year, 2022, was a big test for equity investors, and the downside volatility that we witnessed during the year wasn’t comfortable, to say the least. Following the COVID-19 crash and rebound during 2020, and then the market surge in 2021, it wouldn’t be a stretch to say many investors’ heads are probably still spinning from all the volatility witnessed to start this decade. That said, part of what we’ve been warning about the past few years with respect to the equity market, especially in Value Trap, is that the proliferation of price-agnostic trading (e.g. quant, machine/algorithmic trading, etc.) will only lead to more and more market volatility, so while we were somewhat surprised by last … Read more

Cisco Systems Reduces Guidance After Noisy Quarter, Remains Free Cash Flow Giant Backed By Pristine Balance Sheet

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Image Source: Cisco Systems Inc – Third Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On May 18, Cisco Systems Inc (CSCO) reported third quarter earnings for fiscal 2022 (period ended April 30, 2022) that missed consensus top-line estimates but beat consensus bottom-line estimates (specifically for its non-GAAP performance). One of the biggest updates from this earnings report was that Cisco Systems reduced its full year guidance for fiscal 2022. The news initially sent shares of CSCO sharply lower, though Cisco Systems remains a free cash flow cow with a pristine balance sheet. It was an incredibly noisy earnings report for the firm for reasons we will cover in this article. We include Cisco Systems as an idea … Read more

Cisco Posts Great Earnings Update; Increases Dividend and Share Buyback Authority

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Image Shown: Cisco Systems Inc is a very shareholder friendly company. Image Source: Cisco Systems Inc – Second Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On February 16, Cisco Systems Inc (CSCO) reported second quarter earnings for fiscal 2022 (period ended January 29, 2022) that smashed past both consensus top- and bottom-line estimates. Shares of CSCO surged higher initially after its earnings were made public as the company offered up promising near term guidance, indicating that its positive momentum seen of late is expected to continue. We include shares of CSCO as an idea in both the Best Ideas Newsletter and Dividend Growth Newsletter portfolios. Cisco announced a 3% sequential increase in its quarterly dividend in conjunction … Read more

Cisco Systems Posts Solid Earnings Update; Supply Chain Hurdles Impacting Near Term Outlook

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Image Source: Cisco Systems Inc – First Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On November 17, Cisco Systems Inc (CSCO) reported first quarter earnings for fiscal 2022 (period ended October 30, 2021) that missed consensus top-line estimates but beat consensus bottom-line estimates. Shares of CSCO fell initially after its latest earnings update was published due to its near term guidance coming in a tad softer than expected, though we caution that this is primarily due to supply chain headwinds negatively impacting Cisco Systems and the networking hardware industry more broadly. As global health authorities work towards bringing the coronavirus (‘COVID-19’) pandemic to an end worldwide, the supply chain situation should improve going forward. We include Cisco … Read more

Dividend Increases/Decreases for the Week October 30

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Below we provide a list of firms that raised their dividends during the week ending October 30. 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 AbbVie (ABBV): now $1.30 per share quarterly dividend, was $1.18. Agnico Eagle (AEM): now $0.35 per share quarterly dividend, was $0.20. Amkor Technology (AMKR): now $0.04 per share quarterly dividend. Arbor Realty Trust (ABR): now $0.32 per share quarterly dividend, was $0.31. Artisan Partners Asset Management (APAM): now $0.83 per share quarterly dividend, was $0.67. B. Riley Financial (RILY): now $0.375 per share quarterly dividend, was … Read more

Stock Market Outlook for 2021

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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 of December 1

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Below we provide a list of firms that raised their dividends during the week ending December 1. 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                          Absecon Bancorp (ASCN): now $3.00 per share annual dividend, was $2.20. Aura Minerals (ORAAF): now $0.25 per share semi-annual dividend, was $0.14. Bancorp. Of Southern Indiana (BCSO): now $0.92 per share quarterly dividend, was $0.65. Bank of Montreal (BMO): now CAD 1.51 per share quarterly dividend, was CAD 1.47. Bellway p.l.c. (BLWYY): now $1.104 per share semi-annual dividend, was $0.510. Canadian Imperial Bank (CM): … Read more

Dividend Increases/Decreases for the Week of November 22

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Below we provide a list of firms that raised their dividends during the week ending November 22. 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                          2020 Bulkers Ltd. (TTBKF): now $0.15 per share monthly dividend, was $0.01. AECOM (ACM): now $0.26 per share quarterly dividend, was $0.22. Agilent Technologies (A): now $0.248 per share quarterly dividend, was $0.236. Assurant (AIZ): now $0.80 per share quarterly dividend, was $0.72. Atea ASA (ATEAY): now $0.1591 per share semi-annual dividend, was $0.1401. Banca Mediolanum S.p.A. (BNCDY): now $0.7858 per share semi-annual dividend, … Read more