US Dividends Aristocrats thread

[Mr. Wood]

Exxon’s Credit Rating Outlook Lowered by Moody’s on Cash Burn

“ExxonMobil’s negative outlook reflects the company’s substantial negative free cash flow and expected reliance on debt to fund its large growth capital spending program,” Peter Speer, a senior vice president at Moody’s, said in the statement. Debt will likely rise despite asset sales, he said.

Over the past 10 quarters, Exxon has frequently spent more cash on its operations and dividends than it generated as it ramps up mega projects from Guyana to Mozambique. Chief Executive Officer Darren Woods says now is a good time to be investing while rivals are retreating. But investors are wary, with the stock underperforming rivals over the past five years.

using debts to pay dividends
warning.

last time got a guru oso say exxon good. now oso keep quiet.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 1: McDonald’s
November 19th, 2019

McDonald’s has paid a rising dividend for over 40 years in a row. Over those four decades, it has had to reinvent itself from time to time, to stay on top of changing consumer trends. But it has consistently succeeded in its various turnarounds, a testament to the strength of its brand and business model.

It recently had to do this once again, but the results have been very encouraging. Same-store-sales and earnings are growing again, which is powering McDonald’s rising share price and dividend growth.

That being said, investors aren’t likely to see sizable gains with the high valuation of the stock. As a result, we believe investors should avoid the stock and wait for a pullback before buying McDonald’s.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 2: Cincinnati Financial
November 20th, 2019

Cincinnati Financial is a steady company with a consistent dividend payout, and the ability to raise the dividend modestly each year. The dividend payout is highly secure and its dividend increase streak is outstanding.

While the company has a strong business model and is solidly profitable, it does not seem to be a particularly attractive stock from a valuation standpoint. Overall, investors interested in buying this stock should wait for a lower valuation and higher dividend yield as the stock is highly overvalued today.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 3: PPG Industries
November 20th, 2019

PPG Industries has many of the characteristics of a very high-quality business. It has a proven business model, and has generated strong growth over the past several years. It has a significant international presence, and multiple catalysts for future growth. Lastly, it has increased its dividend for nearly 50 years.

However, the company’s weakness during recessions means that even though its valuation looks appealing on paper, better buying opportunities are likely to occur if a recession occurs. PPG is attractive for its growth outlook and fair valuation, but note that investors could see lower prices in a market downturn.

 

[Mr. Wood]

the broad markets has been forming new highs but generally earnings have not grow as well. so overall valuations look expensive for now.
but I am still accumulating some. buy a bit at a time, rather than keep in bank and wack one time jialat jialat when market crash.
only thing is scared when market really crash no guts to press buy

 

[Mr. Wood]

L Brands Reports Third Quarter 2019 Results
Nov. 20, 2019

Third Quarter Results
The company reported a loss per share of $0.91 for the third quarter ended Nov. 2, 2019, compared to a loss per share of $0.16 for the quarter ended Nov. 3, 2018. Third quarter operating loss was $151.2 million compared to operating income of $54.4 million last year, and net loss was $252.0 million compared to a net loss of $42.8 million last year.

Fourth Quarter 2019 Outlook
The company stated that it expects 2019 fourth quarter earnings per share to be about $2.00, which would result in full-year adjusted earnings per share of about $2.40, compared to its previous full-year guidance range of $2.30 to $2.60.

will Christmas season *lift up* their earnings?

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 4: Aflac
November 21st, 2019

Aflac is a high-quality company, with a profitable business and a strong brand. The company has increased its dividend for 37 years in a row, and should continue to do so, thanks to a low payout ratio and future earnings growth. While Aflac does not have the highest yield around at 2%, it offers steady dividend increases and a highly sustainable payout.

With that said, shares are presently trading above the company’s historical average valuation. As a result, this limits the future return potential in our view. However, should shares revert to a more typical valuation, this could transform a strong business and dividend story into a much better investment thesis. Aflac is a strong company, but we would wait for a slightly lower valuation multiple before buying the stock.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 5: Chevron
November 21st, 2019

Chevron is one of the rare oil and gas companies that was able to navigate through both the Great Recession of 2007-2009 and the oil downturn of 2014-2016, without cutting its dividend. It has even managed to grow its dividend lately, including a 3.7% increase in 2018 and a 6.3% increase in 2019.

As a result of Chevron’s lower cost structure, it can now profitably handle a much lower average price of oil. Further, new projects in the U.S. and international markets will help the company continue to grow.

Chevron’s stock appears to be reasonably valued at this juncture, with expected returns in the high single-digits over the next five years. It also has high appeal for income investors due to its 4% yield and annual dividend increases.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 6: Abbott Laboratories
November 21st, 2019

Abbott Laboratories has many of the characteristics of an appealing dividend investment. It has a recession-resistant business model that allows it to continue growing earnings-per-share through various economic environments. It also has a long history of steadily increasing dividend payments.

While the company’s current valuation exceeds its long-term average, Abbott Laboratories remains a strong hold and we recommend that investors buy this high-quality stock on any notable dips.

 

[Mr. Wood]

thank you all for the comments both online and offline. pls continue to give me suggestions how I can improve on this and maybe wht other contents u like to see.

i hav nothing to sell and nvr will sell and up sell u wonderful pple anything. if u like sure dividend contents and want pay them membership fees, it is rly ur choice. I dun earn any referral fees.

 

[Mr. Wood]

FOOT LOCKER, INC. REPORTS 2019 THIRD QUARTER RESULTS
November 22, 2019

“We are pleased with our performance in the quarter, which reflects the success of our strategic focus on building even deeper connections with our customers and further strengthening relationships with our vendors,” said Richard Johnson, Chairman and Chief Executive Officer. “Across the Company, we are making great strides in implementing our four strategic imperatives, which are designed to ensure we are best positioned to compete in the retail marketplace by inspiring and empowering youth culture while also strengthening our bottom line and driving value for our shareholders.”

 

[Mr. Wood]

Chubb Limited Board Declares Quarterly Dividend and Authorizes Share Repurchase Program
Nov 21, 2019

The Board of Directors of Chubb Limited (NYSE: **) today declared a quarterly dividend equal to $0.75 per share, payable on January 10, 2020 to shareholders of record at the close of business on December 20, 2019. The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2019 proxy statement. This will be the third installment as approved by the company's shareholders on May 16, 2019.

The Board also announced authorization of a share repurchase program of up to $1.5 billion through December 31, 2020. The company's current share repurchase authorization will remain effective through December 31, 2019 and while effective would be used in advance of the share repurchase authorized today. The timing and volume of any share repurchases under this authorization will be determined by management at its discretion and pursuant to the company's capital management strategy.

Share repurchases, which are subject to market conditions, other business considerations and applicable legal requirements, may be made in the open market, in privately negotiated transactions, block trades, accelerated repurchases and/or through option or other forward transactions.

 

[Mr. Wood]

Franklin Resources, Inc. Appoints Jennifer M. Johnson as President and CEO, Gregory E. Johnson Named Executive Chairman and Continues as Chairman of the Board

Nov. 21, 2019

As president and CEO, Ms. Johnson will be responsible for the operation of all aspects of the business, and she will set long-range strategic objectives and drive corporate priorities. As executive chairman, Mr. Johnson will continue to play an active role within the organization, represent the Company with key stakeholders, consult on significant decisions such as merger and acquisition opportunities, and advise on the strategic direction of the firm.

“Jenny’s appointment as president and CEO is the natural evolution of her current role and recognizes both her strong track record and our confidence in her ability to lead the firm strategically into the future,” said Mr. Johnson. “Jenny has significant experience leading and working with all parts of our business and brings extensive knowledge of the global investment management industry. She has a thoughtful perspective and innovative spirit that few can match.”

Ms. Johnson, president and chief operating officer, has been instrumental in developing and driving the Company’s overall strategic direction. Over the past three decades, Ms. Johnson has managed all major aspects of the business, including investment management, global distribution, customer service, fund administration, global technology, and the Company's high-net-worth business. She joined the firm in 1988 and has served in numerous roles, including as the Company’s chief information officer.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 7: Ecolab
November 21st, 2019

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 2024.

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.

 

[Mr. Wood]

Dividend Aristocrats In Focus Part 8: United Technologies
November 22nd, 2019

A year from now, United Technologies will be a significantly different company than it is today. Instead of owning a single stock industrial conglomerate, shareholders will own a stand-alone elevator company, a stand-alone HVAC company and a merged Aerospace & Defense company. Collectively the risk profile would be quite similar, but independently these businesses may perform significantly different than in the past.

Focusing on its aerospace and defense businesses will likely put United Technologies in a position to succeed in future years. In addition, the company recently became a Dividend Aristocrat, which could make the stock an attractive option for dividend growth investors.

That said, we find that shares of United Technologies may only offer mid-single-digit total return potential from this juncture. We are enthused about the company’s enhanced growth prospects moving forward, along with its solid history, but we are not yet compelled by the valuation.

 

[Mr. Wood]

Dividend Aristocrats in Focus Part 9: ADP
November 22nd, 2019

ADP is a strong business. The company maintains a large list of customers, and holds a top position in the industry. This gives it a wide economic “moat”, a term popularized by investing legend Warren Buffett. Indeed, ADP’s moat keeps competitors at bay, and leads to high levels of profitability.

There should be plenty of growth going forward, both in terms of earnings and dividends. Regulations continue to increase and become more complex. And, as the economy expands, companies are adding employees and increasingly use ADP’s services.

If a recession occurs, ADP should continue to increase its dividend, as customers will still need its services. Although ADP is a highly consistent dividend growth stock, its mid-single-digit expected total returns make the stock a hold. But ADP stock would be an attractive buy on any meaningful pullback in the share price, which would result in a lower valuation and higher dividend yield.

 

[Mr. Wood]

Disney strikes gold again, as ‘Frozen 2’ opens to record $127 million

Nov 24, 2019

let it gold. let it gold.

 

[Mr. Wood]

GE Names Carolina Dybeck Happe As Chief Financial Officer
November 25, 2019

GE Chairman and CEO H. Lawrence Culp, Jr., said, “Carolina is a proven global CFO with a superior track record of delivering results and creating value. After a rigorous global search process, I’m excited to welcome Carolina to GE. She is a high-impact executive who brings a compelling blend of strategic and capital allocation discipline, well-honed operating skills, and transformational leadership abilities. She will be a strong partner as we execute our deleveraging plan and improve our operating results to position GE for sustainable, long-term value creation.”

hoping to cure a dying company?
do M&A faster maybe

 

[Mr. Wood]

Hormel Foods Reports Fourth Quarter And Fiscal 2019 Earnings; Provides Fiscal 2020 Outlook
11/26/2019

FISCAL 2020 OUTLOOK
"In 2020, we expect to grow operating income as we did in 2019 while also growing sales," said Jim Snee, chairman of the board, president and chief executive officer. "We are excited about our growth prospects in foodservice, retail and deli, led by brands such as SPAM®, Wholly®, Jennie-O®, Hormel® Natural Choice®, Hormel® Gatherings® and Applegate®. We are also putting a lot of energy behind our recent innovations in brands such as Herdez®, SKIPPY®, Columbus® and Hormel® Bacon 1TM. I am confident we have the right strategy, business model and leadership team to continue delivering long-term sustainable growth."

 

[Mr. Wood]

Eaton Vance Corp. Report for the Three Months and Fiscal Year Ended October 31, 2019
November 26, 2019

Eaton Vance Corp. (NYSE: EV) today reported earnings per diluted share
of $3.50 for the fiscal year ended October 31, 2019, an increase of 13 percent from $3.11 of earnings per diluted share in the fiscal year ended October 31, 2018.