The home improvement retailer and dividend aristocrat Lowe’s (LOW) reported quarterly earnings of $3.75 per share, beating the consensus estimate of $2.95 a share. Lowe’s profits soared 68.7% to $2.83 billion, up from $1.68 billion. Net sales rose 30% to $27.3 billion vs. $24.27 billion expected. Lowe’s online sales soared 135% as COVID-19 pushed more…
Dividend Aristocrat and Dividend King Target Corporation (TGT) reported $3.38 EPS for the second quarter, way above the consensus estimate of $1.62. The retailer’s revenue (Revenue: $23 billion, vs. $20.09 billion expected) also beat forecasts, with comparable-store sales up 24.3%. Target’s digital sales nearly tripled compared to a year earlier. Target’s dividend yield is around…
About Preserve capital and deliver a safe dividend yield above the market’s average is the main objective of our Retirement Dividend Portfolio. Dividend growth is expected to be moderately, and the portfolio should keep up with the broader market over time. The composition of this conservative portfolio for retirees is constructed based on the following…
Index provider STOXX announced today that according to the new Insolvency Rule (section 5.1.1) Wirecard AG(ISIN DE0007472060) is deleted from the DAX index, effective August 24th. Wirecard is replaced by Delivery Hero SE(ISIN DE000A2E4K43). In June Deutsche Lufthansa AG left Germany’s DAX index and has been replaced by the real-estate company Deutsche Wohnen SE. …
Dividend Aristocrat Wal-mart Stores (WMT) reports an adjusted EPS of $1.56, beating analyst estimates by $0.31. Revenue of $137.7 billion beats analyst estimates by $3.93 billion and grows 5.6% versus the same quarter a year ago. Walmart’s operating profit was driven by strength in all of its operating segments, with significantly lower losses in e-commerce…
Home Depot Inc (HD) reports EPS of $4.02, beating analyst estimates by $0.34 and is up 26.8% versus the same quarter last year. Revenue of $38.05 billion beats analyst estimates by $3.41 billion and is up 23.4% versus the same quarter last year. The Company today announced that its board of directors declared a second-quarter…