US Dividends Aristocrats thread

[Mr. Wood]

Adam and EV: NIO Selects NVIDIA for Intelligent, Electric Vehicles
January 9, 2021

“The cooperation between NIO and NVIDIA will accelerate the development of autonomous driving on smart vehicles,” said NIO CEO William Li. “NIO’s in-house developed autonomous driving algorithms will be running on four industry-leading NVIDIA Orin processors, delivering an unprecedented 1,000+ trillion operations per second in production cars.”

The announcement marks a major step toward the widespread adoption of intelligent, high-performance electric vehicles, improving standards for both the environment and road users.

 

[Mr. Wood]

Wall Street banks to delist derivative products linked to China Telecom, China Mobile and China Unicom in Hong Kong to comply with US sanctions
11 Jan, 2021

The delistings are unlikely to disrupt markets as they represent only about 4 per cent of more than 12,000 derivative products listed in Hong Kong.

4% only
dun worry. got big brother support.
otherwise can come SGX.

 

[Mr. Wood]

Sanofi to acquire Kymab, adding KY1005 to its pipeline, a human monoclonal antibody targeting key immune system regulator OX40L
January 11, 2021

Sanofi plans to finance the transaction with cash on hand. The closing of the transaction is subject to the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions. Sanofi expects to complete the acquisition in the first half of 2021.

 

[Mr. Wood]

The Top 10 Warren Buffett Stocks
Jan 8, 2021

Berkshire barely is positive over the past year returning only 2% against the S&P 500’s 17%. That is not good news for his shareholders. And yet, the share value of Berkshire is running at a big premium to its investments with a price to intrinsic (book) value at 1.31 times making his own stock not a Buffett buy.

And as for the cash as measured by free cash flow (excludes items like non-cash expenses) Berkshire is priced at 20.70 times its free cash flow compared to the S&P 500 Index member average of 16.20 times. This again argues that Berkshire isn’t a value Buffett value stock.

Warren Buffett Stocks: Bank of America (BAC)
it has ample costs for high efficiency ratio (the percentage cost of each dollar in revenue) of 59.8%. This means that it costs Bank of America nearly 60 cents for each dollar of revenue.

Apple (AAPL)
Apple has piles of cash, as it pays little in dividends with a yield of 0.63%. But with its operating margin at 24.15%, it is efficient in its operations. The key of course is growing its universe of products in the field and, in turn, selling more fee income to those device customers.

 

[Mr. Wood]

Realty Income Announces Pricing Of 10.5 Million Share Common Stock Offering
Jan 11, 2021

Net proceeds from the offering, after underwriting discounts and commissions, but before deducting other offering expenses, will be approximately $582.3 million. The company also granted the underwriters a 30-day option to purchase up to 1,575,000 additional shares of common stock.

The company intends to use net proceeds from the offering, along with available cash and additional borrowings as necessary, to fund property acquisitions.

Any remaining net proceeds will be used for general corporate purposes and working capital, which may include additional acquisitions, developments or expansions and/or repayment of borrowings under the company's $3.0 billion revolving credit facility and/or the company's $1.0 billion commercial paper program.

US and UK propty got fire sales? mayb will check out how and whether can buy dis offer.

 

[Mr. Wood]

ABBOTT RECEIVES FDA 510(K) CLEARANCE FOR THE FIRST RAPID HANDHELD BLOOD TEST FOR CONCUSSIONS
Jan. 11, 2021

Tests results are available within 15 minutes after plasma is placed in the test cartridge.

seems good news for emergency cases

 

[Mr. Wood]

Warner Bros. Guarantees Filmmakers a Payday for HBO Max Movies
January 10, 2021

the studio has adjusted terms of its deals with partners to guarantee payment regardless of box-office sales and to increase the odds of performance-based bonuses. Warner Bros will also pay a larger group of cast and crew money based on fees it collects from HBO Max, according to people with knowledge of the studio’s plans.

The agreements are a sign of the pandemic-troubled times. Most theaters are closed because of the coronavirus, motivating studios to put their films online. But their payment contracts with partners are usually highly dependent on big-screen success -- a system that many in Hollywood want to protect, because it made them rich.

got room for negotiation. in amdk countries, not alwys big boys will benefit.

 

[Mr. Wood]

China’s Covid Shot Has Four Wildly Different Efficacy Rates
January 12, 2021

Indonesia, which is moving the fastest on distributing the Sinovac shot to its population, said that a local trial showed an efficacy of 65% against Covid-19.

Turkey said last month that the same vaccine showed efficacy of 91.25% in its local trial, which was similarly too small to draw a sufficient conclusion.

In Brazil, ..................... local trial partner, Butantan Institute, said last week that the vaccine was 78% effective in preventing mild cases of Covid-19 and 100% effective against severe and moderate infections.

Yet on Tuesday, Butantan said the overall rate, which also includes very mild cases that didn’t require medical help, is actually 50.38%.

 

[DevilPlate]

Anything lower than 90% really no point taking....might as well continue to wear mask and wash hands LOL

 

[direbmem]

Is Sinovac vaccine super cheap? Why would Indonesia buy it instead of the Ang mo vaccines? If free I can understand.

 

[Mr. Wood]

Anything lower than 90% really no point taking....might as well continue to wear mask and wash hands LOL

true. nvr hear be4 got any vaccines 50% efficacy can get approved by a decent health authority.

Is Sinovac vaccine super cheap? Why would Indonesia buy it instead of the Ang mo vaccines? If free I can understand.

mayb political reasons.
ah loong oso buy. but dun dare to approve.

 

[Mr. Wood]

Walmart will test grocery deliveries to a smart cooler on customers’ doorsteps
JAN 12 2021

It will provide participating customers with a temperature-controlled smart cooler that’s called a HomeValet. The cooler will be placed outside of their home, allowing for secure and contact-free grocery deliveries around the clock.

 

[Mr. Wood]

Target Provides Update on Holiday Sales
Jan. 13, 2021

or the November/December period compared with last year:
Comparable sales grew 17.2 percent, reflecting comparable store sales growth of 4.2 percent and comparable digital sales growth of 102 percent.
Traffic increased 4.3 percent and average ticket increased 12.3 percent.

"We've seen continued strong sales trends in the new year, and as we turn to our 2021 plans, our team is focused on continuing to build on the guest engagement and significant market share we gained throughout 2020."

 

[Mr. Wood]

ABBOTT ANNOUNCES FULFILLMENT OF FEDERAL GOVERNMENT PURCHASE OF 150 MILLION BINAXNOW™ COVID-19 RAPID TESTS AND IS NOW READY TO SUPPORT COMMERCIAL DISTRIBUTION
Jan. 12, 2021

Abbott is also in the final stages of completing its self-funded investment in U.S. manufacturing capacity and is now ready to make tens of millions of BinaxNOW tests available per month for direct purchase to organizations including schools, workplaces and pharmacies.

"We've intentionally developed the most comprehensive COVID testing portfolio and the most advanced family of rapid tests to have the greatest impact we can," said Robert B. Ford, president and chief executive officer, Abbott. "We're pleased to take this next step in making BinaxNOW and NAVICA available to support the opening of organizations, and get them to more places where people need them, such as schools and universities, workplaces and pharmacies."

 

[Mr. Wood]

Believe in Tesla? Then Why Aren’t GM, Ford and Toyota Crashing?
Jan. 14, 2021

If Tesla is a success, the rest of the industry won’t be. When someone buys a Tesla, they choose not to buy a Ford or a BMW . And shareholders are ignoring this most basic logic, pricing in success both for Tesla and for the rest of the industry.

The total market value of all other major U.S., European, Japanese and Korean car makers has risen in the past year, even as Tesla’s value rose eightfold to match them. Shares in Chinese and Indian car makers, perhaps less threatened by Tesla, have also risen, while Chinese electric-car makers have soared alongside Tesla.

anyone with full article can share? many tks.

 

[Mr. Wood]

https://www.citigroup.com/ FOURTH QUARTER AND FULL YEAR 2020 RESULTS AND KEY METRICS/URL]
January 15, 2021

Revenues decreased 10% from the prior-year period, primarily reflecting lower
revenues in Global Consumer Banking (GCB), Institutional Clients Group (ICG), and
Corporate / Other. Net income declined 7% from the prior-year period, driven by the lower revenues, an increase in expenses, and a higher effective tax rate, partially offset by the lower cost of credit. Earnings per share of $2.08 decreased 3% from the prior year period, primarily reflecting the decline in net income.

For the full year 2020, Citigroup reported net income of $11.4 billion on revenues of
$74.3 billion, compared to net income of $19.4 billion on revenues of $74.3 billion for
the full year 2019.

Citigroup’s allowance for credit losses on loans was $25.0 billion at quarter end, or 3.73% of total loans, compared to $12.8 billion, or 1.84% of total loans, at the end of the prior-year period. Total non-accrual assets grew 40% from the prior-year period to $5.7 billion. Consumer non-accrual loans increased 18% to $2.1 billion, while corporate non-accrual loans of $3.5 billion increased 61% from the prior-year period.

 

[Mr. Wood]

TSMC says fixing global auto chip drought is a priority
JANUARY 14 2021

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/4d6ec1c5-2d7e-4b8e-9ecf-089d48342e22

“The automotive industry needs a lot of semiconductor components . . . such as mature technology for sensors and power management. We are working with customers to mitigate the shortage impact,” he added.

Mr Wei explained that an increase in demand from carmakers for chips in late 2020 had been difficult to meet, given that TSMC’s supply had already been squeezed by strong appetite earlier in the year from other manufacturers.

 

[Mr. Wood]

Tanger Reinstates Cash Dividend
Jan. 14, 2021

its Board of Directors declared a cash dividend of $0.1775 per share, payable on February 12, 2021 to common shareholders of record on January 29, 2021.

"This dividend declaration reflects Tanger's strong liquidity position, with more than $80 million of cash on hand and $600 million of undrawn lines of credit, and the Board's confidence in our business, as demonstrated by the positive traffic and rent collections trends we recently reported," said Stephen Yalof, President and Chief Executive Officer.

The Company currently intends to satisfy minimum taxable income distribution requirements to maintain its REIT status.

use cash and credit to pay dividends? not revenues? if things later pick up need to spend must borrow more?

 

[blasterlord2]

true. nvr hear be4 got any vaccines 50% efficacy can get approved by a decent health authority.


mayb political reasons.
ah loong oso buy. but dun dare to approve.

Not true. WHO endorsed it.

https://www.abc.net.au/news/2021-01-14/covid-19-vaccine-efficacy-rates-explained/13042960

 

[rtxsohz]

Hi guys,

I understand that Singaporeans investing in US market are taxed 30% on our dividends.

Hence, I would like to ask what are some workarounds to this tax situation? I could only think of two - (1) buy leaps to stay vested over the long term or (2) stick to short term trades and sell before ex-dividend date.

Sorry if this is a newbie question and if I'm posting on the wrong thread...

Thanks!!