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Dividend Aristocrat Target (TGT) reports excellent Q2 figures

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…

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Wirecard removed from DAX-index, replaced by Delivery Hero

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 In June Deutsche Lufthansa AG left Germany’s DAX index and has been replaced by the real-estate company Deutsche Wohnen SE.  …

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Dividend Aristocrat Walmart reports strong Q2 figures – adjusted EPS up 23%

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…