Home Depot (HD), the world’s largest home improvement retailer, today reported fourth quarter and fiscal 2019 results. Home Depot’s fiscal Q4-2019 main figures are: Earnings per share: $2.28 vs. expected $2.10 Revenue: $25.78 billion vs. expected $25.76 billion Same-store sales: up 5.2% vs. expected 4.8% Home Depot Dividend Home Depot also announced today that its…
In 2018, Michael Cannivet ( Silverlight Asset Management) introduced his version of the “Dogs of the Dow” strategy, the “Dobermans of the Dow”. The “Dogs of The Dow” is an investing strategy that consists of buying the 10 stocks with the highest dividend yield out of the Dow 30 at the beginning of the year.…
The Dow Jones Industrial Average (DJIA) consists of 30 blue-chip stocks. For dividend investors, this is an interesting list, since most companies pay a dividend. Many stocks are able to increase their dividend for several consecutive years. The top-yielding Dow stocks all have dividends that are well above average yields in the stock market. Therefore…
Dividend Aristocrat Consolidated Edison, Inc. (ED) reported 2019 net income for common stock of $1,343 million or $4.09 a share compared with $1,382 million or $4.43 a share in 2018. For the fourth quarter of 2019, net income for common stock was $295 million or $0.89 a share compared with $331 million or $1.06 a…
On Friday, the broker Credit Suisse upgraded its rating on Nestle from ‘underperform’ to ‘neutral’. The Credit Suisse analyst has also raised its target price for the share from 93 CHF to 103 CHF. Diving into Nestlé’s coffee business – which accounts for about 25% of the group’s profits – the broker said it expects…
Dividend Aristocrat and Dividend King Coca-Cola (KO), the world’s largest soft drinks maker, said on Thursday that it is raising its quarterly dividend by 2.5% from $0.40 to $0.41 a share. This is the 58th consecutive annual dividend increase. The dividend is payable on 1 April to shareholders on record as of 15 March. The…
The Dividend Kings are the best in class with respect to dividend endurance. A Dividend King is a stock with 50+ consecutive years of dividend increases. The Dividend Kings list can be a good source for selecting dividend stocks. Please note that not all Dividend Kings are Dividend Aristocrats. This is because the ‘only’ requirement…
DAX-stock and German enterprise software maker SAP (SAP.XETRA) announced that it will rais its dividend to €1.58 per share for the fiscal year 2019, which is an increase of 5.3% from last year’s dividend of €1.50. The 2019 fiscal year dividend will be due for payment on May 26, 2020. This will be the 10th…
Dividend Aristocrat Leggett & Platt (LEG) announced a dividend of $.40 per share for the first quarter, an increase of $.02 per share or 5.3% versus the previous quarterly dividend of $.38. Leggett & Platt has increased its annual dividend for 49 consecutive years now and is close to the Dividend King status. At an…
Dividend Aristocrat Walmart (WMT) reported on Tuesday weaker-than-expected fiscal fourth-quarter earnings due to a shorter-than-usual holiday shopping season. The company said that fiscal 2021 earnings would miss analysts’ estimates. Walmart’s earnings for the three months ended January were $4.14 billion, or $1.45 a share vs. earnings of $3.69 billion, or $1.27 a share, compared to…