US Dividends Aristocrats thread

[Mr. Wood]

CON EDISON REPORTS 2021 SECOND QUARTER EARNINGS
August 5, 2021

For the year of 2021, Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.15 to $4.35 per share. Adjusted earnings per share exclude the impact of the impairment losses related to Con Edison's investment in Stagecoach ($(0.43) a share after-tax), the loss from the sale of a renewable electric production project ($(0.01) a share after-tax), the effects of HLBV accounting for tax equity investments in certain renewable and sustainable electric production projects of the Clean Energy Businesses (approximately $0.29 a share after-tax) and the net mark-to-market effects of the Clean Energy Businesses, the amount of which will not be determinable until year end

 

[Mr. Wood]

3 Dividend Stocks to Buy for 10%-Plus Annual Dividend Growth
4 Aug 2021

Here are 3 dividend stocks to buy for 10%-plus annual dividend growth:

• Nike (NYSE:NKE)
• Microsoft (NASDAQ:MSFT)
• Lowe’s Companies (NYSE:LOW)

 

[Mr. Wood]

The 7 Best Restaurant Stocks Now
Updated on July 30th, 2021

These restaurant stocks are ranked in order of expected returns, from lowest to highest
McDonald’s Corporation (MCD)
Cracker Barrel Old Country Store (CBRL)
Restaurant Brands International (QSR)
Wendy’s Company (WEN)
Darden Restaurants (DRI)
Yum! Brands (YUM)
Jack in the Box (JACK)

Longer-term, we see the restaurant industry as strong. The 7 restaurant stocks in this article all pay dividends, and should continue to raise their dividends going forward. Not all are attractive buys right now, but Jack in the Box, Yum! Brands and Darden are our top 3 restaurant stocks right now.

 

[Mr. Wood]

Q&A-"Reluctant to invest" in Chinese ADRs post-regulatory crackdown; Bullish on India due to demographics & tech, services foundation: Lauren Templeton
August 3, 2021

Q: What is your view on U.S. equity markets, especially the S&P 500, and do you see a bubble there?

A: We certainly see extended valuations in a number of areas that do not appear sustainable in the years to come. For instance, we recently found over 700 stocks trading at over 20x sales in U.S. markets. Obviously, growth will need to come through or a large number of stocks are vulnerable to declines. I learned a long time ago not to predict the market over the short term. It would not surprise me if a lot of the rebound has already been captured in share prices

Q: What sectors do you think are more at-risk?

A: Technology and to some degree housing.

 

[Mr. Wood]

The Maximum Pessimism Report SELF-RELIANCE
July 21, 2021

IMF is now projecting global public debt as a percentage of GDP to reach 130% within the next year; eclipsing World War II levels.

One area that we believe deserves investor attention is the accompanying growth in corporate debt, which was already high in 2019 and headed much higher throughout 2020.

As the COVID-panic and lockdowns set in it was crystal clear that indebted corporate borrowers were vulnerable to a seismic wave of defaults. However, as the Federal Reserve introduced emergency facilities (e.g., SMCCF) for corporate issuers—in addition to its conventional QE efforts—it slammed market forces into reverse. The effort led to some previously unimaginable outcomes. First, corporate issuance hit a record $1.7 trillion for the year, and by the end of 2020, the average yield on investment grade corporate debt had fallen to 1.74%, an all time low. All of this unfolded during the worst economic recession since the 1930s.

 

[Mr. Wood]

latest reports

3M Co. (MMM) --> link here

Alexandria Real Estate Equities Inc. (ARE)
American Campus Communities Inc. (ACC)
Ameriprise Financial Inc (AMP)
Apple Inc (AAPL) --> link here
ARMOUR Residential REIT Inc (ARR)
Arrow Financial Corp. (AROW)
Astrazeneca plc (AZN)
Automatic Data Processing Inc. (ADP)
Axis Capital Holdings Ltd (AXS)

Basf SE (BASFY)
Bristol-Myers Squibb Co. (BMY) --> link here
Brown & Brown, Inc. (BRO)

California Water Service Group (CWT)
Canadian Utilities Ltd. (CDUAF)
Chemours Company (CC)
Chesapeake Financial Shares Inc (CPKF)
Cincinnati Financial Corp. (CINF)
Commerce Bancshares, Inc. (CBSH)
Community Bank System, Inc. (CBU)
Compass Diversified Holdings (CODI)
Corning, Inc. (GLW) --> link here
CubeSmart (CUBE)
CyrusOne Inc (CONE)

D.R. Horton Inc. (DHI)
Discover Financial Services (DFS) --> link here

Eagle Financial Services, Inc. (EFSI)
Eastgroup Properties, Inc. (EGP)
Enerplus Corporation (ERF)
Equinix Inc (EQIX) --> link here
Equinor ASA (EQNR)
Erie Indemnity Co. (ERIE)

Fresenius Medical Care AG & Co. KGaA (FMS)

Garmin Ltd (GRMN)
Gaslog Partners LP (GLOP)
General Electric Co. (GE) --> link here
Gentex Corp. (GNTX)
Glaxosmithkline plc (GSK) --> link here
Grupo Aval Acciones y Valores S.A. (AVAL)

Hasbro, Inc. (HAS)
Highwoods Properties, Inc. (HIW) --> link here
HNI Corp. (HNI)
Horizon Technology Finance Corp (HRZN)
Huntsman Corp (HUN)

Infosys Ltd (INFY) --> link here
Invitation Homes Inc (INVH)

Juniper Networks Inc (JNPR)

KKR Real Estate Finance Trust Inc (KREF)

Lincoln Electric Holdings, Inc. (LECO)
Logitech International SA (LOGI) --> link here

M.D.C. Holdings, Inc. (MDC)
Marsh & McLennan Cos., Inc. (MMC)
Mastercard Incorporated (MA) --> link here
McDonald`s Corp (MCD) --> link here
Merck & Co Inc (MRK)
Microsoft Corporation (MSFT) --> link here
Moody`s Corp. (MCO)
Morningstar Inc (MORN)
MSA Safety Inc (MSA)

 

[Mr. Wood]

updated reports

New York Community Bancorp Inc. (NYCB)
NextEra Energy Inc (NEE)
Nutrien Ltd (NTR) --> link here

Oxford Square Capital Corp (OXSQ)

Paccar Inc. (PCAR)
Pentair plc (PNR) --> link here
Polaris Inc (PII)
Portland General Electric Co (POR)
PSB Holdings Inc (WI) (PSBQ)

Qualcomm, Inc. (QCOM) --> link here

Raytheon Technologies Corporation (RTX) --> link here
Reckitt Benckiser Group Plc (RBGLY)
Red Electrica Corporacion S.A. (RDEIY)
Republic Services, Inc. (RSG)
Rockwell Automation Inc (ROK)
RPM International, Inc. (RPM)
Ryder System, Inc. (R)

Sanofi (SNY)
Sherwin-Williams Co. (SHW)
Silgan Holdings Inc. (SLGN)
Southern Copper Corporation (SCCO)
Stanley Black & Decker Inc (SWK) --> link here
Starbucks Corp. (SBUX) --> link here
Stepan Co. (SCL)
Stryker Corp. (SYK) --> link here
Swiss Re Ltd (SSREY)
Synchrony Financial (SYF)

Teradyne, Inc. (TER)
Texas Instruments Inc. (TXN)
Thermo Fisher Scientific Inc. (TMO) --> link here
Triton International Ltd (TRTN)

UDR Inc (UDR)
UMB Financial Corp. (UMBF)
United Parcel Service, Inc. (UPS) --> link here

Vale S.A. (VALE)
Visa Inc (V) --> link here

Waste Management, Inc. (WM) --> link here
West Pharmaceutical Services, Inc. (WST) link here

Xerox Holdings Corp (XRX)

Yamana Gold Inc. (AUY)

 

[Mr. Wood]

ECB must tighten policy if needed to counter inflation, Weidmann says
Aug 08, 2021

Euro zone countries have ramped up their borrowing to cope with the coronavirus pandemic, potentially leaving them exposed to increased debt servicing costs if the central bank tightens policy to counter upward pressure on prices.

"The ECB is not there to take care of the solvency protection of the states," said Weidmann, whose role as president of Germany's Bundesbank gives him a seat on the ECB's policymaking Governing Council.

 

[Mr. Wood]

Warren Buffett's Berkshire Hathaway recovers from coronavirus slowdown
Aug 07, 2021

Warren Buffett's Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue.

Another sign of improvement was Berkshire's decision not to repeat a caution in its previous quarterly results that other operating units still faced adverse effects from the pandemic.

Berkshire's share price is up 23.7% in 2021, topping the S&P 500's 18.1% gain, after trailing the index significantly in 2019 and 2020.

 

[Mr. Wood]

Rocked by sexual assault allegation, Alibaba launches investigation, suspends several staff
Aug 08, 2021

Alibaba CEO Daniel Zhang responded to the uproar late on Saturday on the company's internal message board, according to a person who saw the post, though the company did not officially disclose the material posted on its intranet .

"It is not just Human Resources who should apologize. The related business department managers also hold responsibility and should apologize for their silence and failure to respond in a timely manner," Zhang wrote.

"Starting from me, starting from management, starting from human resources, everyone at Alibaba must empathize, reflect, and take action."

top management taking responsibility

 

[sky37]

Can I have a look WM and SYK? Thanks!

 

[Mr. Wood]

Can I have a look WM and SYK? Thanks!

here it is
WM -->

SYK -->

 

[sky37]

Looks like quite a lot of sell ratings this time round...

 

[Mr. Wood]

Looks like quite a lot of sell ratings this time round...

likely traditional valuation methods all very high but earnings expectations not good.

 

[Mr. Wood]

SYSCO DELIVERS ROBUST FOURTH QUARTER RESULTS AND RAISES FY22 GUIDANCE DRIVEN BY ACCELERATING SALES
August 10, 2021

Key financial results for fiscal year 2021 include:
• Sales decreased 3.0% to $51.3 billion versus fiscal year 2020 and decreased 14.7% versus fiscal year 2019;
• Gross profit decreased 5.5% to $9.4 billion, and gross margin decreased 48 basis points to 18.2%, as compared to the prior year;
• Operating income increased 91.8% to $1.4 billion, and adjusted operating income decreased 14.7% to $1.5 billion, as compared to the prior year;
• EBITDA increased 46.1% to $2.2 billion, and adjusted EBITDA decreased 9.1% to $2.2 billion, as compared to the prior year;2
• EPS increased to $1.02 compared to $0.42 in the prior year; adjusted EPS decreased to $1.44 compared to $2.01 in the prior year;
• Cash flow from operations increased 17.6% to $1.9 billion, and free cash flow increased 61.0% to $1.5 billion, as compared to the prior year; and
• The company exceeded its cash flow from operations guidance and reduced debt more than planned, totaling $3.4 billion in debt reduction during the year.

“We’re very pleased with our financial results in the fourth quarter, including particularly strong free cash flow performance,” said Aaron Alt, Sysco’s chief financial officer. “Strong sales that surpassed 2019 levels, combined with solid management of inflation and cost, are underpinning our confidence to raise our EPS guidance for fiscal year 2022 to $3.33 to $3.53.”

PE >70x at current price

 

[sky37]

You happen to have a report on ISRG? Thanks.

 

[Mr. Wood]

You happen to have a report on ISRG? Thanks.

nvr see dis be4.

 

[Mr. Wood]

The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2021
AUGUST 12, 2021

“We ended the third quarter in a strong position, and are pleased with the Company’s trajectory as we grow our businesses amidst the ongoing challenges of the pandemic,” said Bob Chapek, Chief Executive Officer, The Walt Disney Company. “We continue to introduce exciting new experiences at our parks and resorts worldwide, along with new guest-centric services, and our direct-to-consumer business is performing very well, with a total of nearly 174 million subscriptions across Disney+, ESPN+ and Hulu at the end of the quarter, and a host of new content coming to the platforms.”

 

[Mr. Wood]

updated reports

Abbvie Inc (ABBV) --> link here
Aflac Inc. (AFL)
AGNC Investment Corp (AGNC)
American Tower Corp. (AMT) --> link here
American Water Works Co. Inc. (AWK) --> link here
Amerisource Bergen Corp. (ABC)
AMGEN Inc. (AMGN)
Antero Midstream Corp (AM)
Apollo Commercial Real Estate Finance Inc (ARI)
Aptargroup Inc. (ATR)
Ares Capital Corp (ARCC)
Arthur J. Gallagher & Co. (AJG)
Avalonbay Communities Inc. (AVB)

B&G Foods, Inc (BGS) --> link here
Banco Bradesco S.A. (BBD)
Boston Properties, Inc. (BXP)

C.H. Robinson Worldwide, Inc. (CHRW)
Camden Property Trust (CPT)
Canadian Pacific Railway Ltd (CP) --> link here
Canon Inc (CAJ)
Cardinal Health, Inc. (CAH) --> link here
Carrier Global Corp (CARR)
Caterpillar Inc. (CAT) --> link here
Chubb Limited (**)
Church & Dwight Co., Inc. (CHD) -> link here
Clorox Co. (CLX) --> link here
CNA Financial Corp. (CNA)
Colgate-Palmolive Co. (CL) --> link here
Cullen Frost Bankers Inc. (CFR)
Cummins Inc. (CMI)
CVS Health Corp (CVS) --> link here

Danone (DANOY)
Digital Realty Trust Inc (DLR) --> link here
Dynex Capital, Inc. (DX)

Eastman Chemical Co (EMN)
Eaton Corporation plc (ETN)
Edison International (EIX)
Enterprise Products Partners L P (EPD)
EOG Resources, Inc. (EOG)
Equity Residential Properties Trust (EQR) --> link here
Essex Property Trust, Inc. (ESS)
Exelon Corp. (EXC)
Extra Space Storage Inc. (EXR)

Ferrari N.V. (RACE)
Fidelity National Financial Inc (FNF) --> link here
First Of Long Island Corp. (FLIC)
Fortis Inc. (FTS)
Franklin Resources, Inc. (BEN)

Geo Group, Inc. (GEO)
Global Medical REIT Inc (GMRE) --> link here
Global Water Resources Inc (GWRS)
Goldman Sachs BDC Inc (GSBD)

Hannon Armstrong Sustainable Infrastructure capital Inc (HASI)
Hershey Company (HSY) --> link here
Huntington Bancshares, Inc. (HBAN)

Icahn Enterprises L P (IEP)
Illinois Tool Works, Inc. (ITW) --> link here
ING Groep N.V. (ING)
Ingredion Inc (INGR)
Innovative Industrial Properties Inc (IIPR)
Insperity Inc (NSP)
International Business Machines Corp. (IBM) --> link here
Invesco Ltd (IVZ)

Johnson Controls International plc (JCI)

Kinder Morgan Inc (KMI)

Lockheed Martin Corp. (LMT) --> link here
LyondellBasell Industries NV (LYB)

McGrath Rentcorp (MGRC)
Metlife Inc (MET)
Microchip Technology, Inc. (MCHP) --> link here
Molson Coors Beverage Company (TAP)
Mondelez International Inc. (MDLZ) --> link here
Monolithic Power System Inc (MPWR)
Monroe Capital Corp (MRCC)
MPLX LP (MPLX)
Mueller Water Products Inc (MWA) --> link here

 

[sky37]

Thanks! ISRG going for 1:3 stock split in Oct.
Have been looking at it since $700+.
Biggest hit is Da Vinci robotic surgical system which probably dominates the market.
And can be quite a sticky product because of tied-in training required to master the use of the equipment.