The Dividend Aristocrats are companies of the S&P 500 that have paid steadily increasing dividends for at least 25 years have outperformed the broader market over time. On Tuesday, The Dow Jones Industrial Average DJIA, soared 2,113 points (11.36%) to close at 20,704.91, for its best one-day percentage performance since 1933. The S&P 500 Index…
Due to the Corona/covid-19 crisis, Goldman’s equity strategists are forecasting a +30% drop in S&P 500 earnings per share in 2020 from last year. They expect that revenues are hit hard and share buybacks are on hold to save cash. Goldman equity strategists screened for stocks that investors should consider owning in the current challenging…
Nordstrom, Inc. (NYSE:JWN) announced the suspending of its dividends and share buyback program as precautionary measures to strengthen its financial position in response to the rapidly changing market uncertainty due to the coronavirus (COVID-19). The two main actions taken are: suspending of its quarterly cash dividend beginning in the second quarter of fiscal 2020. The…
Dividend Aristocrat Nucor Corp. (NUE) expects Q1-2020 earnings to be in the range of $0.95 to $1.00 per share. This is a decrease from the first quarter of 2019 earnings of $1.63 per share, which included a benefit of $0.08 per share. Order rates, backlogs and utilization rates at the company’s steel mills have remained…
Ford Motor Co. (F) said on Thursday that it will suspend its dividend to preserve cash in the wake of the current Corona (Covid-19) crisis. In a statement, Ford announced it recently obtained 15.4 billion dollars of additional cash on balance sheet, drawing from two credit lines. On the news, shares of Ford fell almost…
German DAX-index member Heidelberg Cement (HEI.XETRA) has published its FY 2019 results. Earnings per share are up 23% at 6.40 euros. Also, a dividend per share increase has been announced of 2.20 euros per share from 2.10 euros. This is the 10th consecutive dividend increase. The current dividend yield is above 6%. and this is…
Dividend Aristocrat Realty Income Corporation (O) recently announced its 106th common stock monthly dividend increase, since 1994. The company will now pay $0.2330 per share compared with the previous monthly dividend of $0.2325. The increased dividend will be paid on April 15, to shareholders on record as of April 1, 2020. The new annual dividend…
Here are some recent recommendation updates related to Dividend Aristocrats and holdings in our international dividend portfolio: JPMorgan upgraded Clorox (CLX) to overweight from underweight. RBC downgraded Exxon Mobil (XOM) to underperform from neutral. Raymond James downgraded AT&T (T) to market perform from outperform. Morgan Stanley named Procter & Gamble (PG) a top pick. Morgan…
Bill Gates is the richest man in the world with a net worth of over $100 billion in 2020, according to Forbes magazine. The Bill & Melinda Gates Foundation Trust has a massive $21 billion and the portfolio holdings give us some nice insights. In this article, we list the top-10 dividend stocks and analyze…
Read our article on Seeking Alpha on how the Dividend Aristocrats performed in the first week of declines during the Corona-virus. Interesting read is also the article on Recession-proof Dividend Aristocrats