US Dividends Aristocrats thread

[Mr. Wood]

SNA feb2020

 

[Mr. Wood]

 

[Mr. Wood]

PHILIP MORRIS INTERNATIONAL INC. REPORTS 2019 FOURTH-QUARTER & FULL-YEAR RESULTS;

February 6, 2020

"We continue to make significant progress in the transformation of our business, with smoke-free products now accounting for 8% of shipment volume and nearly one-fifth of net revenues, while further demonstrating our ability to maintain combustible tobacco leadership internationally, as evidenced by Marlboro’s full-year cigarette share of 10% -- an all-time high

sometimes money making companies are not exactly good. depends how u want to see it.

 

[Mr. Wood]

Chipotle Announces Fourth Quarter And Full Year 2019 Results
Feb. 4, 2020

"We had a strong ending to 2019 as Q4 marks the eighth-consecutive quarter of accelerating comparable sales, which highlights that running great restaurants with the right leaders and the right culture is delivering outstanding financial performance," said Brian Niccol, Chief Executive Officer, Chipotle. "For the full year, Chipotle's average unit volumes exceeded $2.2 million and digital sales surpassed a billion dollars, showing that our key strategies are working, and the Chipotle brand is thriving as we build a sustainable model that helps cultivate a better world."

ciggy, calories, spirits

 

[Mr. Wood]

GSK delivers 2019 sales of £33.8 billion +10% AER, +8% CER (Pro-forma +4% CER*)

05 February 2020

2020 guidance
Expect Adjusted EPS to decline -1% to -4% CER
Expect 80p dividend for 2020

“All of this aims to support future growth, deliver significant value creation, and set up two new leading companies in biopharma and consumer healthcare, each with the opportunity to improve the health of hundreds of millions of people.”

still have some more ethical companies. but also not exactly
better dun say too much.

 

[Mr. Wood]

AbbVie Reports Full-Year and Fourth-Quarter 2019 Financial Results
Feb. 7, 2020

"Our strong performance this quarter completes another excellent year for AbbVie," said Richard A. Gonzalez, chairman and chief executive officer, AbbVie. "The launches of Skyrizi and Rinvoq are going extremely well, and we are entering 2020 with substantial momentum. We also look forward to completing the planned Allergan acquisition in the first quarter."

 

[Mr. Wood]

Cardinal Health Reports Second Quarter Results for Fiscal Year 2020

Feb 6, 2020

"With the first half of the year behind us, we are raising our fiscal year 2020 guidance," said Mike Kaufmann, CEO of Cardinal Health. "This increase was driven by improved performance across our Pharmaceutical segment, particularly within our generics program. As we look forward, we remain focused on executing our strategic growth initiatives."

competition is good. better health products for all

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 58: Expeditors International of Washington

January 28th, 2020

Expeditors has been a strong player in the logistics industry for many years. The company has a diverse network of global ports and airports it services, as well as offering customized, valuable services to its global network of customers. Growth will likely continue to be volatile and vulnerable to interruptions, particularly during recessions, but we see Expeditors as attractive for the long-term.

The valuation today is fair, but not cheap, and the yield is quite low at just 1.4%. However, dividend growth should continue for many years to come given the payout ratio is around 30%, and upside to earnings should drive a higher share price over time.

Expeditors is appropriate for dividend growth investors, but not those seeking a high current yield, or earnings safety and consistency. Overall, the stock is somewhat attractive today given its valuation against historical norms, as well as earnings growth projections.

 

[Mr. Wood]

Jessica Lieberman Quinn Appointed Executive Vice President, Corporate Controller and Principal Accounting Officer of American Express

February 07, 2020

Ms. Lieberman Quinn has served as Senior Vice President, Business Chief Financial Officer for Global Commercial Services since February 2019. Previously she was Senior Vice President for the Corporate Planning & Analysis organization from 2014 to 2019. She was promoted to Senior Vice President in 2012, and she has been the Chief Financial Officer for several business units, including Global Merchant Services, Global Corporate Payments and Global Business Travel. Since joining the Company as an intern twenty years ago, Ms. Lieberman Quinn has held a variety of roles with a focus on business planning and analysis, resource allocation, deal negotiation support and pricing.

 

[Mr. Wood]

Simon Property Group to Acquire Taubman Centers, Inc.
Feb 10, 2020

Strategic and Financial Rationale

Simon to acquire an 80% interest in TRG, which owns a highly productive mall portfolio. The purchase price represents an underwritten capitalization rate of approximately 6.2%.

Delivers certain and meaningful value to Taubman shareholders. The transaction price of $52.50 per share in cash represents a 51% premium to TCO's closing price on February 7, 2020 and a 19% premium to total enterprise value, which includes debt and preferred equity.

Immediate accretion for Simon shareholders. The transaction is expected to be at least 3% accretive to Simon's Funds From Operations (FFO) per share on an annualized basis, beginning immediately upon consummation of the transaction.

Develop innovative retail environments. The transaction will enhance TRG's ability to invest in innovative retail environments for retailers and consumers, deliver exciting shopping and entertainment experiences to consumers, and create new job prospects for local communities.

 

[Mr. Wood]

Sprint +70% after judge approves T-Mobile merger
Feb. 11, 2020

As part of his decision, Judge Marrero rejected the states' argument that Dish (NASDAQISH) "would not enter the wireless services market as a viable competitor nor live up to its commitments to build a national wireless network."

Sprint shares are up 70.4% pre-market to $8.18. TMUS is up 9% to $92.23.

one reason why I dun trade grow stories. too volatile. need to be constantly updated.

 

[Mr. Wood]

Dominion Energy Announces Fourth-Quarter and Full-Year 2019 Earnings
Feb. 11, 2020

Dominion Energy expects 2020 operating earnings in the range of $4.25 to $4.60 per share, compared to full-year 2019 operating earnings of $4.24 per share. Positive drivers include regulated investment growth across electric and gas businesses, lower financing costs due to lower average debt balances, the full-year impact of the Millstone nuclear facility zero-carbon procurement contract, and lower depreciation expense associated with an anticipated extension of the useful life assumption for our regulated nuclear plants in Virginia. The company expects negative drivers for the year to include increased minority interest expense associated with the equity recapitalization of Cove Point, share dilution, two planned refueling outages at Millstone and lower New England capacity prices.

First-quarter 2020 operating earnings are expected to be in the range of $1.05 to $1.25 per share.

 

[Mr. Wood]

Hasbro Reports Revenue and Operating Profit Growth for the Full-Year and Fourth Quarter 2019
11Feb, 2020

Board of Directors Declares Quarterly Dividend of $0.68 per share

Completes Acquisition of eOne in Q1 2020

“Our teams worked extremely hard and executed at a high level this holiday, driving fourth quarter and full-year revenue and profit growth while also diversifying our supply chain and preparing to close a major acquisition,” said Deborah Thomas, Hasbro’s chief financial officer. "We are strongly positioned to continue investing in long-term drivers of the business, including brand innovation, gaming and entertainment, as we also focus on returning to our stated gross Debt to EBITDA target of 2.0 to 2.5X over the next 3 to 4 years."

 

[Mr. Wood]

The 10 Best Dividend Stocks Now
February 11th, 2020

Altria (MO)
Cheesecake Factory (CAKE)
Bank OZK (OZK)
Intact Financials (IFCZF)
PepsiCo (PEP)
Magellan Aerospace (MALJF)
AbbVie (ABBV)
AbbVie (ABBV)
United Parcel Service (UPS)
Walgreens Boots Alliance (WBA)

 

[Mr. Wood]

Moody's Corporation Reports Results for Fourth Quarter and Full Year 2019; Sets Outlook for Full Year 2020
02/12/2020

"Moody's revenue growth for full year 2019 was the result of strong contributions from both Moody's Analytics and Moody's Investors Service. Robust performance at Moody's Analytics was driven by increasing customer demand for core research and data products, along with compliance and know-your-customer solutions. Additionally, Moody's Investors Service benefited from increased global bond issuance amid generally favorable market conditions," said Raymond McDaniel, President and Chief Executive Officer of Moody's. "For 2020, we expect to continue leveraging the capabilities of our core businesses, further innovate with new technologies and capitalize on strategic investments, such as our recently announced acquisition of Regulatory DataCorp."

 

[Mr. Wood]

Molson Coors Reports 2019 Full Year and Fourth Quarter Results
February 12, 2020

"Full year 2019 was a challenging year for Molson Coors Beverage Company. However, despite significant headwinds and continued volume declines, we grew NSR/HL and improved our mix, delivered strong free cash flow and cost savings, reduced our debt, and started making progress toward premiumizing and modernizing our portfolio."

Gavin continued, "We know we have a lot of work still to do. That’s why last quarter we announced a plan to get Molson Coors back to consistent topline growth. The plan is designed to streamline the company, allow us to move faster, and free up resources to invest in our brands and capabilities. As promised in October, we’ve wasted no time in implementing the plan."

no one drink this brand iszit?

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 63: Atmos Energy
February 12th, 2020

Atmos Energy stock is overvalued currently, making it relatively unattractive for value investors today. The run-up in utility stocks over the past several years has far exceeded their earnings growth in the same period, resulting in bloated valuation multiples across the utility sector.

That said, Atmos Energy can still serve a valuable purpose in an income investor’s portfolio as the stock offers a very secure and rapidly growing dividend income strean, and its dividend yield is roughly level with the average dividend yield of the S&P 500 Index.

Atmos Energy is also a Dividend Aristocrat, and should raise its dividend each year. Therefore, risk-averse investors looking primarily for income right now–such as retirees–could see greater value in buying utility stocks like Atmos Energy.

That said, shares are quite expensive at the moment. With a very low expected rate of return, Atmos Energy gets a sell recommendation from Sure Dividend.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 64: Amcor plc
February 12th, 2020

Each year, we individually review every Dividend Aristocrat. There were 7 additions to the list for 2020, bringing the total to 64. The 2020 Dividend Aristocrats In Focus series concludes with Amcor.

Amcor is uniquely positioned for strong growth in the coming years thanks to its recent acquisition that has opened up several new attractive end markets and provides an opportunity to unlock valuable synergies. Furthermore, the company has the balance sheet to fund an aggressive $500 million share repurchase program which should boost per-share metrics moving forward.

As a result, even though shares look a tad stretched relative to our fair value multiple estimate, we still think that shares offer decent value here. With expectations of ~5% annualized total returns over the next half decade, we view Amcor as a hold right now.

That said, it might be worth a look for dividend growth investors with a more conservative outlook, as its 2.2% yield is above average for the S&P 500 and its strong growth track record and recession-resistant business model make it an attractive long term holding. Finally, with its robust growth outlook, it will likely continue growing its dividend for the foreseeable future.

 

[Mr. Wood]

PepsiCo Reports Fourth-Quarter and Full-Year 2019 Results;
February 13, 2020

“We are pleased with our performance for 2019 as we met or exceeded each of the financial goals we outlined at the beginning of the year. Our revenue growth accelerated for the full year as we embarked on our strategy to win with purpose by becoming Faster, Stronger, and Better. We increased brand support to become more locally relevant and consumer-centric, we strengthened our go-to-market execution to enhance our customer relationships, and we embraced a new set of initiatives to help build a more sustainable food system,” said Chairman and CEO Ramon Laguarta.

“For 2020, we expect to deliver 4% organic revenue growth and 7% core constant currency EPS growth. We will continue to invest in our business and strive to develop advantaged capabilities that will fortify our business for the long-term.”

can pepsi gain more market share than coke?

 

[Mr. Wood]

Waste Management Announces Fourth Quarter and Full-Year 2019 Earnings

February 13, 2020

“In 2019, we continued our focus on optimizing our traditional solid waste business, developing our people and investing in technology to better serve our customers,” said Jim Fish, President and Chief Executive Officer of Waste Management. “Our strong results demonstrate that we are investing in the right areas. Our collection and disposal business operating EBITDA grew by 8.5% in 2019 and operating EBITDA margin expanded by 70 basis points. This strong operating EBITDA growth translated into an 8.5% increase in net cash provided by operations in 2019.(c)

“We also are pleased to have been recognized for the fourth consecutive year on CDP’s ‘A-List’ for leading effort toward a low-carbon future. We have had a longstanding commitment to environmental transparency and are proud of the progress we have achieved on reducing emissions and mitigating climate risk,” Fish said.