Warren Buffett bought shares of Kroger (KR) and Biogen (BIIB) in Q4-2019, and reduced his Apple (AAPL) and Wells Fargo (WFC) stakes, according to Berkshire Hathaway’s (BRKB) latest quarterly SEC 13F filings. Buffett bought nearly 19 million shares of Kroger, worth around $549 million, and almost 649,000 shares of Biogen, representing a holding of $192…
The True Canadian Dividend Aristocrats list is a select group of companies trading at the Toronto stock exchange (TSX) that have increased dividends every year for the last 25 straight years. These Canadian companies that have historically provided (slightly) better performance and (slightly) lower volatility than the benchmark as a whole and a great source…
Dividend Aristocrat PepsiCo (PEP) reported its Fourth Quarter and Full-Year 2019 Earnings, here is a breakdown of the most relevant items: PepsiCo EPS in-line, higher revenues PepsiCo reported revenues up 5.7% to $20.64 billion from $19.52 billion, and Pepsi said its organic revenue growth was 4.3%. Pepsico’s core EPS of $1.45 a share was almost…
For global dividend growth investors, the Canadian dividend aristocrats list can be a source of investment ideas. Like the US Dividend Aristocrats, the “Canadian” version is also created and maintained by S&P. The major difference is the number of consecutive years of dividend increases. To become a member of the Canadian dividend aristocrats list, 5…
Dividend Aristocrat AbbVie (ABBV) reported fourth-quarter earnings on Friday that were above consensus and the company raised its guidance for 2020. The company beats sales and earings expectations with 5.3% operational revenue growth and 16.3% growth in adjusted earnings-per-share. AbbVie AbbVie is also raising its 2020 EPS guidance of $7.66 to $7.76, representing growth of…
U.S. equities didn’t continue their way up in January 2020, after strong gains in December and November for the S&P 500. The year started strong, but gains were erased towards the end of the month as a result of coronavirus fears. The S&P 500 was almost flat (-0.04%) in January. The Dow Jones (DJIA) was…
S&P Europe 350® Dividend Aristocrats® measure the performance of S&P Europe 350 constituents that have followed a policy of consistently increasing dividends every year for at least 10 consecutive years. The index benchmark is the S&P Europe 350 index Like the (US) Dividend Aristocrats “big brother”, the European Dividend Aristocrats also tend to outperform its…
European dividend aristocrat L’Oréal (OR.PA) and the world’s biggest make-up company revenues reached 29.87 billion euros as reported on 31 December 2019, up 10.9%. On a like-for-like basis, sales growth reached 8.0%. Net profit reached 4.4 billion euros, compared to 4 billion euros in 2018. On the news, L’Oréal is trading at $277 up almost…
Shares of dividend aristocrat Becton Dickinson & Co. (BDX) tumbled 12% in the morning session after the medical technology company reported fiscal first-quarter earnings that topped expectations but lowered its full-year outlook. BDX reported quarterly revenues of $4.225 billion for the first fiscal quarter ended December 31, 2019. This represents an increase of 1.6 percent…
European Dividend aristocrat and French drugmaker Sanofi (SAN.PA) reported an EPS of 5.99 euros, up 6.8% Net sales were 36.13 billion euros, up 4.8% as reported, and up 2.8%, including vaccine sales of 5.73 billion euros, up 9.3% and therefore in line with the average growth rate expected between 2018 and 2025. Sanofi’s board of…