US Dividends Aristocrats thread

[Mr. Wood]

Fastenal Company Announces Cash Dividend
11/20/2020

board of directors declared a special one-time dividend of $0.40 per share

fast, not ifast

 

[Mr. Wood]

Warren Buffett is buying a secret stock that could be revealed within weeks
Nov. 18, 2020

It appears the famed investor secured permission from regulators to not disclose his ongoing purchase in Berkshire Hathaway's 13F filing for the third quarter, which was published on Monday.

"Confidential information has been omitted from the public Form 13F report and filed separately with the US Securities and Exchange Commission,"

 

[Mr. Wood]

Ecolab Receives First EPA Approval for Biofilm Disinfection in Drains
November 19, 2020

Ecolab Inc., the global leader in water, hygiene and infection prevention solutions and services, is the first to receive EPA product approval for disinfection of biofilms in wastewater drains for its Virasept product – an important part of a comprehensive environmental hygiene program designed to help effectively combat bacterial growth in hospitals.

It is included on the Environmental Protection Agency’s (EPA) List N: Disinfectants for Use Against SARS-CoV-2. As part of this submission, Virasept also received EPA approval for claims against C. auris, Legionella pneumophila, and Listeria monocytogenes, further enhancing its applications.

 

[Mr. Wood]

CVS Health and Walgreens Can Fend Off the Amazon Pharmacy Threat
Nov. 20, 2020

Investors are overreacting. Two years ago, Amazon bought PillPack, which packages and mails prescriptions. Free shipping and discount cards add nothing that isn’t available from CVS and Walgreens. UBS ’ Eric Sheridan sees Amazon’s move as a way to add value to its Prime membership and capture more of its members’ spending. And Bank of America Securities’ Michael Cherny notes that mail order represents less than 20% of prescription-drug sales.

CVS and Walgreens are already growing high-touch services, making stores into health-care outposts staffed by medical professionals. After buying Aetna, CVS is integrating services from insurance to retail. Walgreens is moving more slowly, partnering with VillageMD medical clinics.

 

[Mr. Wood]

Week Ahead: US Thanksgiving and Another Brexit Deadline
November 21, 2020

Traditionally, Thanksgiving week in the US tends to be more on the quiet side. With the holiday on Thursday and a half day on Friday, many people take some or all of the week off. However, as we have seen so far in 2020, this year is different. While the US sessions may be a bit quieter, watch for Brexit headlines as the endgame is near. The new unofficial Brexit deadline is Monday, Tuesday, or Wednesday. Markets seem hopeful that “something” will get done as talks continue. And while in some areas of the world the coronavirus is contained, other areas are still getting hit with second and third waves. Vaccines may be ready by the end of the year according to Pfizer and Moderna, however they may not be widely available until late Q1 or Q2.

 

[Mr. Wood]

What’s the Real History of Black Friday?

he first recorded use of the term “Black Friday” was applied not to holiday shopping but to financial crisis: specifically, the crash of the U.S. gold market on September 24, 1869. Two notoriously ruthless Wall Street financiers, Jay Gould and Jim Fisk, worked together to buy up as much as they could of the nation’s gold, hoping to drive the price sky-high and sell it for astonishing profits. On that Friday in September, the conspiracy finally unraveled, sending the stock market into free-fall and bankrupting everyone from Wall Street barons to farmers.

 

[Mr. Wood]

BD Announces Streamlined Reporting Capabilities for COVID-19 Data
Nov 23, 2020

BD Synapsys™ Informatics is an optional integrated informatics solution available to customers using the BD Veritor™ Plus System, a portable instrument delivering SARS-CoV-2 antigen test results in approximately 15 minutes, and the BD MAX™ System, a molecular diagnostic platform returning results in two to three hours.

Both BD Veritor™ and BD MAX™ systems have been granted Emergency Use Authorization (EUA) by the U.S. Food and Drug Administration (FDA) to perform SARS-CoV-2 diagnostic testing.

 

[Mr. Wood]

Aon Announces Additional $5.0 Billion Share Repurchase Program, Increasing Total Authorization to $6.1 Billion
Nov. 20, 2020

"We are committed to maintaining our strong position of financial stability and flexibility, while continuing to allocate capital to the highest ROIC opportunities," said Greg Case, Chief Executive Officer. "Today's announcement demonstrates our conviction in our colleagues' ability to drive long-term growth of the firm, which we believe will be further accelerated by our pending combination with Willis Towers Watson and result in significant shareholder value creation."

dis tells me they cannot find better uses for the money (eg expansion)

 

[Mr. Wood]

Europe regulator sees Boeing 737 MAX ungrounding in January
Nov 21, 2020

Europe's aviation safety regulator expects to clear the Boeing 737 MAX for flight in January, joining the United States in lifting a grounding imposed in the wake of two crashes, its top official said in remarks broadcast on Saturday.

 

[Mr. Wood]

Merck to Acquire OncoImmune
November 23, 2020

Under the agreement, prior to the completion of the acquisition, OncoImmune will spin-out certain rights and assets unrelated to the CD24Fc program to a new entity to be owned by the existing shareholders of OncoImmune. In connection with the closing of the acquisition, Merck will invest $50 million, and become a minority shareholder, in the new entity.

 

[Mr. Wood]

The S&P 500 Is Still Consolidating After Making a New Record High on November 9th
November 23, 2020

Looking at the S&P 500 CFD on a 1 hour chart, the index is still consolidating after making an all-time high of 3,673.90 on Monday, November 9th. The simple moving averages (SMA) are set-up in mixed manner, with the 200-preiod SMA above 20-period SMA and the 20-period SMA above the 50-period SMA, The Index will probably continue to bounce around inbetween 3,518.00 and 3,674.00 until a breakout occurs. If price can breakout to the upside of 3,674.00, then price should rally towards the first Fibonacci target of 3,794.00. If price can reach 3,794.00, then the next target would be 3,856.00. On the other hand, if price breaks below 3,518.00, then traders should look to 3,463.00 for support. If price cannot hold above 3,463.00, then there is a chance that price could bounce off of 3,403.00.

 

[Mr. Wood]

Joe Biden poised to pick Janet Yellen as Treasury secretary

Assuming she is confirmed by the Senate, Ms Yellen will be the first woman to serve as Treasury secretary in the institution’s 231-year-old history. She will take over from Steven Mnuchin, Donald Trump’s Treasury secretary, with the difficult mission of jolting the US recovery with billions of dollars of new stimulus called for by Mr Biden, while keeping financial markets stable.

Those efforts are likely to involve painstaking negotiations with Capitol Hill, given Republican resistance to large-scale spending increases, and a close relationship with Jay Powell, the Fed chairman, particularly since Mr Mnuchin recently moved to wind down several emergency lending facilities at the central bank that have been crucial to its crisis response.

 

[Mr. Wood]

Will Datadog Ever Pay A Dividend?
November 23rd, 2020

Unlike many technology companies that come public, Datadog is already profitable. The company’s adjusted earnings-per-share have been positive every quarter since its IPO.

In addition, Datadog now possess a key metric that many other technology companies are missing so early in their publicly-traded existence: positive free cash flow.

However, shares of the company are extremely expensive as they trade with a 12-month price-to-earnings ratio of 468. Datadog is even expensive on a price-to-sales ratio, which is ~46 currently.

Investors willing to pay this kind of multiple to own the stock likely aren’t concerned about the company’s ability to pay a dividend. These shareholders are in the name for the growth potential, which they likely see as exceptional giving the growth Datadog is already displaying and the expected size of the cloud computing market. A dividend would be seen as a lost opportunity for Datadog to reinvest and grow its business.

Finally, even if the company distributed half of its free cash flow projection for the year, Datadog’s yield would be just 0.15%. This yield is hardly worth using up half of the company’s free cash flow that would be better spent growing the business.

 

[Mr. Wood]

BlackRock to Acquire Aperio - Leading Provider of Personalized Index Equity Solutions
Nov 23, 2020

Aperio is a pioneer in customizing tax-optimized index equity separately managed accounts (SMAs) to reflect each client’s unique risk, tax, and personal values preferences.

will we see more and stranger ETFs?

 

[Mr. Wood]

THE YORK WATER COMPANY DECLARES 600TH DIVIDEND
November 23, 2020

This is the 600th consecutive dividend to be paid by The York Water Company and is the twentyfourth consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years.
This is believed to be the longest record of consecutive dividends in America.

 

[Mr. Wood]

Panic buying of toilet paper hits U.S. stores again with new pandemic restrictions
NOVEMBER 21, 2020

Toilet paper aisles are emptying again as COVID-19 curfews and shutdowns in states from California to New York send pandemic-weary shoppers on a new scramble for essentials.

 

[Mr. Wood]

3M and Safran Announce Partnership to Design Cleaner Aircraft Interiors
November 23, 2020

3M will leverage its deep roots in innovation by providing technologies to help design cleaner aircraft cabin interiors for ‘Travel Safe’ – a joint initiative of Safran Interior companies to verifiably elevate the hygiene of aircraft interiors.

“Clean interiors are an industry imperative, and we have with 3M an innovative partner and expert in cleaning, disinfection and protection, who can blend the latest in clean technology with the specialized plastics, decors, and composites used in aircraft interiors”

 

[Mr. Wood]

BD Board Increases Dividend
Nov. 24, 2020

This increase reflects our confidence in our long-term outlook, as well as our ongoing commitment to return capital to our shareholders and create value for all stakeholders,"

We are steadfast in our commitments, including completing our Alaris 510(k) submission, investing in growth initiatives, simplifying our processes, and empowering our organization."

 

[Mr. Wood]

NATIONAL BEVERAGE CORP. DECLARES CASH DIVIDEND
November 24, 2020

Our good fortune allows us to share profound innovation that major retailers and others continue to imitate, which further expands the sparkling water category.

“This tenth cash dividend paid since 2004 reflects our latest step to reward shareholders. Our balance sheet provides the ability to pay this dividend, while preserving the financial and operational flexibility to continue to grow our business, reward employees and create shareholder value over the long term. The Board has requested additional analysis as a result of uncertainty regarding the consequences of increasing Covid-19 infections and future tax policy before determining the final payment amount per share. Prior to this dividend, FIZZ holders have received cash dividends of $14.56 per share, or $675 million,” stated the company spokesperson.

14.56+3=17.56 which is 18% div yield at current share price

 

[Mr. Wood]

Verizon to Expand NYC Broadband Access, Settling Suit With City
November 24, 2020

Under the agreement, Verizon will make the least-connected communities a priority, promising access to service at 11 New York City Housing Authority locations, according to a statement Tuesday from Mayor Bill de Blasio’s office.

Verizon welcomed the agreement. “This brings a finality to this longstanding litigation,” said Rich Young, a spokesman. The company already has connections to many public housing complexes and “work on this agreement has already gotten underway,” he said.