US Dividends Aristocrats thread

[Mr. Wood]

WINGSTOP INC. REPORTS FISCAL THIRD QUARTER 2020 FINANCIAL RESULTS; COMPLETES $480 MILLION RECAPITALIZATION AND DECLARES SPECIAL DIVIDEND OF $5.00 PER SHARE
November, 02, 2020

Highlights for the fiscal third quarter 2020 compared to the fiscal third quarter 2019:

System-wide sales increased 32.8% to $509.2 million
43 net new openings in the fiscal third quarter 2020
Domestic same store sales increased 25.4%
Digital sales increased to 62.0%
Total revenue increased 28.3% to $64.0 million
Net income increased 70.7% to $10.1 million, or $0.34 per diluted share, compared to $5.9 million, or $0.20 per diluted share, in the prior fiscal third quarter
Adjusted EBITDA, a non-GAAP measure, increased 19.5% to $18.4 million

Quarterly Dividend

In addition to the announcement of our special dividend, the Company remains committed to returning capital to stockholders in the form of our regular quarterly dividend. As a result, our Board of Directors authorized and declared a quarterly dividend of $0.14 per share of common stock, resulting in a total dividend of approximately $4.2 million. This dividend will be paid on December 10, 2020 to stockholders of record as of November 20, 2020.

 

[Mr. Wood]

The Estée Lauder Companies Reports Fiscal 2021 First Quarter Results
NOV 2, 2020

reported net sales of $3.56 billion for its first quarter ended September 30, 2020, a decrease of 9%, on a reported basis and in constant currency, from $3.90 billion in the prior-year period. The net sales decline was driven by some temporary retail store closures and lower foot traffic in open stores attributable to COVID-19, partially offset by strong growth online. Travel retail net sales were relatively flat year-over-year and net sales from the Company’s acquisition of Have&Be Co. Ltd. (“Dr. Jart+”) contributed approximately 3 percentage points of net sales growth.

The Company reported net earnings of $523 million, compared with net earnings of $595 million in the prior-year period. Diluted net earnings per common share was $1.42, compared with $1.61 reported in the prior-year period. Excluding the benefit of currency translation, adjusted diluted earnings per common share, which excludes items detailed on page 3, decreased 14% to $1.44.

men at home nvr ask wife to dress and speak like doremon?

 

[Mr. Wood]

2020 Dividend Kings List | See All 30 Now
Updated on October 5th, 2020

The 5 Best Dividend Kings Today
#5: Farmers & Merchants Bancorp (FMCB)
5-Year Annual Expected Returns: 10.9%

Shares trade for a 2020 P/E ratio of 9.9, compared with our fair value estimate of 12.0. An expanding valuation multiple could increase annual returns by 3.9% per year. Plus expected EPS growth of 5% and the 2.0% dividend yield, total returns are expected to reach 10.9% per year through 2025.

#4: Lowe’s Companies (LOW)
5-Year Annual Expected Returns: 11.6%

We expect Lowe’s to generate earnings-per-share of $8.50 in the current fiscal year, which means the stock trades for a price-to-earnings ratio of 19.8. This is slightly below our fair value estimate of 20. Therefore, an expanding valuation could boost annual returns by 0.2% through 2025.

The bulk of shareholder returns will be generated by EPS growth, which we estimate will reach 10% per year over the next five years. Lastly, the 1.4% dividend yield will further boost returns, resulting in 11.6% expected annual returns through 2025.

#3: Federal Realty Investment Trust (FRT)
5-Year Annual Expected Returns: 12.9%

We are forecasting 6.9% annualized FFO growth for the next five years.

Based on expected 2020 FFO-per-share of $5.73, Federal Realty stock trades for a price-to-FFO ratio of 13.7. Our fair value estimate for Federal Realty is a price-to-FFO ratio (P/FFO) of 15. We view Federal Realty stock as slightly undervalued. In addition to positive returns from a rising P/E multiple, we expect 6.9% annual FFO-per-share growth, along with the 5.4% dividend yield. Overall, we expect total annual returns of 12.9% per year over the next five years.

#2: National Fuel Gas (NFG)
5-Year Annual Expected Returns: 13.9%

The company also raised fiscal 2021 guidance, and now expects a more meaningful recovery next year. Guidance calls for adjusted earnings-per-share in a range of $3.40 to $3.55.

Based on expected earnings-per-share of $2.85, NFG stock trades for a price-to-earnings ratio of 14.4, compared with our fair value estimate of 17.5. An expanding P/E multiple to the fair value estimate could boost annual returns by 4.0% per year over the next five years. Combined with 6% expected EPS growth and the 3.9% dividend yield, total returns are expected to reach 13.9% per year through 2025.

#1: Altria Group (MO)
5-Year Annual Expected Returns: 15.4%

Based on expected EPS of $4.31 for 2020, Altria stock trades for a P/E ratio of 9.2, below our fair value estimate of 11. Shares could return 3.6% per year over the next five years from an expanding P/E multiple. We also expect Altria to grow adjusted EPS by approximately 3% per year over the next five years.

In addition to the 8.8% dividend yield as well as a small positive boost from an expanding P/E multiple, total returns are expected at 15.4% per year over the next five years.

 

[Mr. Wood]

Canada seeks $630 mln from streaming firms to fund domestic content
Nov 03, 2020

Canada introduced a bill on Tuesday that would strengthen the broadcast regulator and allow it to collect up to C$830 million ($630 million) by 2023 from online streaming companies such as Netflix and Amazon to fund Canadian content.

“Our government believes that everyone who benefits from the system should contribute to it fairly,” Heritage Minister Stephen Guilbeault told reporters.

 

[Mr. Wood]

Ant Group’s Botched IPO: The Risk Of Investing In China
November 5, 2020

Ostensibly, Ant Group’s IPO process was stopped after Jack Ma gave a speech during a financial conference in Shanghai in late October. In his comments, Ma had essentially labelled the Chinese financial system and regulations as antiquated. This presumably angered the Chinese government because Ma was quickly summoned for a meeting with the country’s financial regulators. And then came the news of the fintech firm’s stalled IPO.

speech here: Jack Ma urges financial regulation reform on eve of Ant Group’s ‘biggest IPO in history’

Jack Ma, the Chinese billionaire behind Alibaba and Ant Group, has questioned whether international financial regulations are suitable for the Chinese economy and suggested traditional banks should change their “pawnshop” operating model.

a lot ppl laugh and ridicule Trump for being loud and childish. truth is, politics evywhere same same. all abt power and control. dun nid to see far. look at home a lot oso.
follow my way or the high way.

 

[Mr. Wood]

EXPEDITORS REPORTS THIRD QUARTER 2020 EPS OF $1.12
Nov 03, 2020

Diluted Net Earnings Attributable to Shareholders per share (EPS) increased 22% to $1.12
Net Earnings Attributable to Shareholders increased 19% to $191 million
Operating Income increased 22% to $252 million
Revenues increased 19% to $2.5 billion
Airfreight tonnage volume and ocean container volume both decreased 5%

The effects of COVID-19 continued to impact volumes for all products, although not as significantly as in the prior sequential quarter. While we have experienced increased demand in many of our markets for a mix of products, capacity constraints in air, and to a lesser extent in ocean, have led to a continued buy/sell rate imbalance. While we remain uncertain about the pace, strength, or evenness of an economic recovery, we will continue to use our strong financial position to make important strategic investments that are necessary for our future growth, while continuing our focus on controlling costs and improving operational efficiencies. We appreciate the hard work of our District Managers and their leadership teams as they continue to execute at a high level, control operational expenses and limit the addition of headcount.”

 

[Mr. Wood]

Emerson Declares Dividend
November 3, 2020

he board of directors of Emerson (NYSE: EMR) today declared the regular quarterly cash dividend of fifty and a half cents ($0.505) per share of common stock payable December 10, 2020 to stockholders of record November 13, 2020.

 

[Mr. Wood]

ADM Ventures Announces New Investment in Microbiome
November 04, 2020

We view Seventure as the premier investor in microbiome startups focused on human health and nutrition

The microbiome consists of trillions of micro-organisms that reside on or inside the human body. ADM’s primary interest is the vast, complex bacterial ecosystem that lives within the digestive tract and constitutes the majority of every individual’s unique microbiome.

“With a better understanding of how the microbiome ecosystem works, we can develop functional ingredients for dietary supplements and food and beverage solutions targeted to help improve overall health,” Streiler said. “We are focused on looking at new, innovative solutions that can lead to a more balanced bacterial system in your digestive tract, otherwise known as a healthy gut, and can help lead to better health.”

 

[Mr. Wood]

A change of heart drives the S&P500 higher
November 6, 2020

A split Congress will make tax increases, the unwinding of Trumps' tax cuts, and potential unfriendly legislation on tech companies more difficult to implement.

Trade policy, a source of significant uncertainty under the Trump administration is the domain of the White House. A Biden Presidency is likely to use less tariffs and quotas and less protective measures are in general supportive of growth and stocks.

The likelihood of a contested election is fading along with the prospects of success for Trump's legal measures designed to influence the election outcome.

 

[Mr. Wood]

Coupa Software Jumps on News of Walmart Agreement
5Nov2020

Coupa said its Business Spend Management platform (BSM) is expected to enhance the world's largest retailer's visibility into its global spend, create better efficiencies across its business and drive incremental savings in the company's end-to-end procurement process.

Walmart currently uses Coupa to enhance the sourcing of significant third-party spend in North America.

It will now begin a phased rollout to expand adoption of the Coupa BSM Platform with procurement and advanced contract lifecycle management solution.

 

[Mr. Wood]

Walgreens Boots Alliance to Participate at Wolfe Healthcare Conference
November 2, 2020

Alex Gourlay, co-chief operating officer, and James Kehoe, executive vice president and global chief financial officer, will participate at the 2nd Annual Wolfe Research Healthcare Conference on Thursday, Nov. 19

 

[Mr. Wood]

Famed luxury carmaker Bentley to go fully electric by 2030
NOV 5 2020

Bentley plans to exclusively offer plug-in hybrid and electric vehicles by 2026 and fully electric models by 2030.
The Volkswagen-owned company will offer two unnamed plug-in hybrid models starting next year.
The first full-electric vehicle is expected in 2025.

“I’s not guaranteed but that’s clearly our mission,” Hallmark said, adding the company should achieve 10,000 sales this year – slightly lower if not in line with its 11,006 vehicles sold in 2019.

In the summer, Bentley announced it would cut up to 1,000 jobs, or nearly a quarter of its workforce through a “voluntary release” program as its business plans have been “clearly derailed by the impact of the pandemic.”

 

[Mr. Wood]

Sanofi SA (SNY)
November 2nd, 2020

https://drive.google.com/file/d/1f3-E40S4O1xDwqY0YT0lsdABZyHzx7OJ/view?usp=sharing

Final Thoughts & Recommendation
Sanofi is now projected to return 12.1% through 2025, up from our previous estimate of 8.8%. Third quarter results rebounded to show year-over-year growth. Sanofi’s Specialty Care products remain in high demand, especially Dupixent, which is likely just scratching the surface of its potential. Vaccines, led by flu vaccines, also posted strong growth rates. We have raised our 2025 price target $1 to $70 due to revised guidance. Sanofi now receives a buy recommendation from Sure Dividend due to projected annual returns over the next five years.

 

[Mr. Wood]

Summit Hotel Properties Inc. (INN)
November 2nd, 2020

https://drive.google.com/file/d/1mPbTjJThfz3AuJhWVIiOBiohuoNJzukr/view?usp=sharing

Summit is trading at a steep discount to its net asset value and offers an attractive expected annualized total return of 11.7%. However, the near-term outlook is uncertain given the massive headwinds facing the hotel sector. We therefore view it as a hold on the assumption that it weathers the current challenges with minimal permanent capital destruction due to its quality assets and strong balance sheet. Conservative investors should steer clear, however.

 

[Mr. Wood]

Biden Has Officially Won – What’s Next for Traders?
November 8, 2020

While states like Georgia, Pennsylvania, Arizona, and Nevada are still putting the finishing touches on their vote counts (and President Trump is still threatening litigation over the ballots and recounts in several states), former Vice President Joe Biden has officially been declared the winner of the 2020 US Presidential Election by the AP, NBC, CBS, ABC, Fox News, and CNN.

Meanwhile, control of the Senate still hangs in the balance, with the Republicans likely to land on 50 Senators while the two Georgia races head to a special election on 5 January 2021 (note that we’re assuming a couple unofficial results will go for Republicans, in-line with historical precedent). Assuming Biden takes the White House, Vice President Kamala Harris would cast the deciding vote in the event of a tie, so Democrats would need to win both of these races in the traditionally Republican state to “control” the Senate by the narrowest of margins. While it’s certainly possible Dems could win both, the market appears to be pricing in a split government (Democratic President, Republican Senate, Democratic House of Representatives) for at least the next two years.

Equities: More of the Same

Uninhibited, capitalism tends toward dominant oligopolies and monopolies. That’s exactly what we’ve seen over the past couple of years when a Republican President and Democratic-controlled House of Representatives were unable to unite against the technology behemoths that continue to gobble up market share. With another rough couple of months expected for “main street” brick-and-mortar businesses slowed by COVID-19, the FAAMG stocks may continue to gobble up market share and put their smaller rivals out of business.

This scenario would be bullish for tech-heavy, large-cap indices like the Nasdaq 100, especially at the expense of their smaller capitalization rivals like the Russell 2000, a trend that has been unstoppable over the last couple years already:

 

[Mr. Wood]

Week Ahead: A Joe Biden Presidency? Return of Brexit and Coronavirus to the Headlines
November 7, 2020

Why are stocks higher this week and why is the US Dollar getting absolutely destroyed? First, as it became clearer towards the end of last week that Joe Biden would win, the market began to price in a new fiscal stimulus package, even if one is not agreed to by the end of Donald Trump’s term (January 20th. 2021). The reason is that Democrats want a large package, which means more money in the system (lower UD Dollar) and more money to spend (higher stocks). Second, although some states may take until the end of the year to figure out their Senate races, it appears that the Republicans will maintain control of the Senate. As such, checks as balances will remain in place (as opposed to a Blue Wave sweep of Congress which many suggested before the elections). It will be more difficult for Biden to raise taxes on corporates and high-income taxpayers. Finally, there is a sense of optimism that Republicans and Democrats CAN work together. Joe Biden and Senate Majority Leader Mitch McConnell went through the ranks of the Senate together. They are friends. There is more a sense of reaching across the aisle to get deals done. However, before January 20th, Donald Trump is still President. There will be some uncertainty and nervousness in the next few months. Will there be a peaceful transfer of power? Will Trump continue with his aggressive trade policies? Will there be a fiscal stimulus package soon, and if so, how large? The markets will be searching for answers to these questions over the next few months.

 

[homer123]

Criteria to Shortlist

Market cap >=$10 billion
Daily average volume > 100,000
Dividend yield >= 1.90%
Dividend growth past five years >= 0%
Distance from 52-week high: We want to select companies that are good, solid companies but also are trading at cheaper valuations currently. They may be cheaper due to some temporary down cycle or some combination of bad news or simply had a bad quarter. This criterion will help bring such companies (with a cheaper valuation) near the top, as long as they excel in other criteria as well. This factor is calculated as (current price - 52-week high) / 52-week high.

 

[wonderfulblevic]

A lot of banks in the list.

 

[Mr. Wood]

Johnson & Johnson, three other companies close in on $26 billion deal on opioid litigation
November 6, 2020

Four companies that made or distributed prescription opioids and played roles in the catastrophic opioid crisis have reached a tentative $26 billion settlement with counties and cities that sued them for damages in the largest federal court case in American history.

will funnel money to communities devastated by an addiction crisis that claims more than 70,000 lives in America every year. That death toll continues to rise even as it is overshadowed by the coronavirus pandemic.

 

[Mr. Wood]

VF Corporation Announces Definitive Agreement to Acquire Iconic, Global Streetwear Leader Supreme
NOVEMBER 09, 2020

The transaction is expected to be completed late in calendar year 2020, subject to customary closing conditions and regulatory approval.

not scared democrats will break them up?
anyway democrats is focus on big tech anti trust more.