US Dividends Aristocrats thread

[Mr. Wood]

February 2021 newsletter out
https://drive.google.com/file/d/1VQnTENeu74bLu30LgeQGAh6ueiys39Ar/view?usp=sharing

 

[Mr. Wood]

 

[Mr. Wood]

LHX Feb 2021

 

[Mr. Wood]

NOC Feb 2021

 

[Mr. Wood]

UNM Feb 2021

 

[Mr. Wood]

NFG Feb 2021

 

[Mr. Wood]

AMP Feb 2021

 

[Mr. Wood]

PII Feb 2021

 

[Mr. Wood]

ATO Feb 2021

 

[Mr. Wood]

BMY Feb 2021

 

[Mr. Wood]

LMT Feb 2021

 

[Mr. Wood]

TDS Feb 2021

 

[Mr. Wood]

 

[Mr. Wood]

Dividend Aristocrats In Focus: Ecolab
Updated on February 5th, 2021

We expect that Ecolab will offer a total annual return of 0.5% through 2026. This is a weak expected return, primarily due to the high valuation. The stock’s current valuation is well above our target, and a decline toward fair value would be a significant headwind for investors buying at the current price.

While Ecolab is an attractive dividend growth stock due to its high rate of dividend increases, it is not as appealing for income investors or value investors.

Ecolab is not likely to be an attractive stock for investors interested solely in high levels of income. That said, it is a very strong stock for investors interested in a recession-resistant business, and dividend growth.

Ecolab has an excellent track record of profitability and growth and is one of the few companies to have a dividend growth streak of at least 25 years. However, now is not the best time to buy the stock, due to its high valuation, low dividend yield and low projected total returns through 2026. Therefore, we rate shares of Ecolab as a sell.

 

[Mr. Wood]

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
2/5/2021

Board of Directors declared a quarterly dividend of $0.2625 per share on the Company's common stock,

This represents an increase in the quarterly dividend per share of 2% and marks the 53rd consecutive year that the Company has increased its regular cash dividend per share.

 

[Mr. Wood]

CNA FINANCIAL ANNOUNCES Q4 2020 NET INCOME OF $1.42 PER SHARE AND CORE INCOME OF $1.23 PER SHARE FULL YEAR 2020 NET INCOME OF $2.53 PER SHARE AND CORE INCOME OF $2.70 PER SHARE
February 8, 2021

Full Year
• Net income was $690 million versus $1 billion in the prior year; core income was $735 million versus $979 million in the prior year.
• Net investment income of $1,935 million pretax includes $144 million of income from LPs and common stock compared with $2,118 million of pretax net investment income which included $226 million of income from LPs and common stock in the prior year.
Shareholders' Equity
• Book value per share of $46.82; book value per share excluding AOCI of $43.86, a 6% increase from year-end 2019 adjusting for $3.48 of dividends per share.
• Increased quarterly dividend 3% to $0.38 per share; special dividend of $0.75 per share.

 

[Mr. Wood]

Tencent hit with fresh anti-monolopy complaint, this time from GM China venture
FEBRUARY 9, 2021

The new complaint comes just a week after ByteDance’s Chinese version of TikTok called Douyin accused Tencent of monopolistic behaviour and filed suit in a Beijing court, seeking 90 million yuan ($14 million) in compensation.

slap on wrist again

 

[Mr. Wood]

TSMC January 2021 Revenue Report
Feb. 9, 2021

revenues for January 2021 were approximately NT$126.75 billion, an increase of 8.0 percent from December 2020 and an increase of 22.2 percent from January 2020

some ppl say TSMC at forefront of chips.
some ppl say chips cannot go down much more.
wht u guys think?

i think whether can or not, TSMC is pumping into research, which is alrdy itself a good move.

 

[Mr. Wood]

Are S&Ps about to pullback?
February 12, 2021

The S&P 500 is at or near all-time highs. And why not? With no inflation, dovish comments from Fed Chairman Powell regarding monetary stimulus and a $1.9 trillion federal stimulus package making its way through congress, markets are flooded with cash. But stock index traders have to ask themselves; can things get better?

The large cap index has broken out of the top of an ascending channel only to fail to continue higher. Usually when price fails to break higher out of one side of a pattern, if often tests the other side.

Note is that price traded in a consolidated pattern in February 2020 between the 10th and the 20th to all-time highs, before the 35% selloff culminating with the lows on March 23rd!

 

[Mr. Wood]

PepsiCo Reports Fourth Quarter and Full-Year 2020 Results; Provides 2021 Financial Outlook
February 11, 2021

Full-Year
Organic revenue growth 4.3%
Core EPS $5.52

Dividend Increase
The Company today announced a 5 percent increase in its annualized dividend to $4.30 per share from $4.09 per share, effective with the dividend expected to be paid in June 2021. This represents the Company’s 49th consecutive annual dividend per share increase.

For 2021, the Company expects:
• A mid-single digit increase in organic revenue;
• A high-single digit increase in core constant currency EPS;
• A core annual effective tax rate of approximately 21 percent; and
• Total cash returns to shareholders of approximately $5.9 billion, comprised of dividends of approximately $5.8 billion and share repurchases of approximately $100 million. We have recently completed our share repurchase activity and do not expect to repurchase any additional shares for the balance of 2021.
In addition, the Company expects a 1 percentage-point foreign exchange translation tailwind to benefit reported net revenue and core EPS growth based on current market consensus rates.