New Issue Airbnb’s Shares Pricing In Strong Recovery and Then Some

Image Shown: Airbnb is losing money hand over fist while as it grows into its substantial market opportunity. Source: S-1. By Brian Nelson, CFA Rental platform Airbnb (ABNB) has been a part of the latest series of IPOs that have soared out of the gates recently. Shares went public at $68 per share December 10, and now the equity is trading at more than $148 per share at the time of this writing. For those that don’t know the story of Airbnb (AirBed & Breakfast), the concept started in 2007 when, after discovering that every hotel was sold out during an international design conference in San Francisco, the founders started renting airbeds in their apartment to conference attendees. Thirteen years have now … Read more

Dividend Increases/Decreases for the Week August 14

Below we provide a list of firms that raised their dividends during the week ending August 14. 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 Barrick Gold (GOLD): now $0.08 per share quarterly dividend, was $0.07. Broadridge Financial Solutions (BR): now $0.575 per share quarterly dividend, was $0.540. Cboe Global Markets (CBOE): now $0.42 per share quarterly dividend, was $0.36. Diversified Gas & Oil PLC (DGOCF): now $0.0375 per share quarterly dividend, was $0.0350. DHT Holdings (DHT): now $0.48 per share quarterly dividend, was $0.35. Evolution Mining (CAHPF): now A$ 0.09 … Read more

Dividend Increases/Decreases for the Week Ending March 8

Below we provide a list of firms that raised their dividends during the week ending March 8. 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 Aecon (AEGXF): now CAD 0.145 per share quarterly dividend, was CAD 0.125. Americold Realty Trust (COLD): now $0.20 per share quarterly dividend, was $0.1875. American Tower (AMT): now $0.90 per share quarterly dividend, was $0.84. Applied Materials (AMAT): now $0.21 per share quarterly dividend, was $0.20. Armanino Foods of Distinction (AMNF): now $0.025 per share quarterly dividend, was $0.0225. BWX Technologies (BWXT): now $0.17 per share … Read more

Dividend Increases/Decreases for the Week Ending March 6

Below we provide a list of firms that raised their dividends during the week ending March 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 Aecon (AEGXF): now CAD 0.16 per share quarterly dividend, was CAD 0.145. Alamos Gold (AGI): now $0.015 per share quarterly dividend, was $0.010. Americold Realty Trust (COLD): now $0.21 per share quarterly dividend, was $0.20. Angel Oak Financial Strategies Income Term (FINS): now $0.1116 per share monthly dividend, was $0.1112. Armanino Foods of Distinction (AMNF): now $0.0275 per share quarterly dividend, was $0.0250. B. Riley Financial … Read more

Stock Market Outlook for 2021

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