US Dividends Aristocrats thread

[Mr. Wood]

China Manufacturing PMI above 50, but for how much longer?
March 2, 2021

China released its NBS Manufacturing PMI for February. The reading was 50.6 vs an expectation of 51.1 and January’s print of 51.3. This ties the smallest increase in manufacturing activity since May 2020, immediately following the pandemic in China. In addition, the Caixin Manufacturing PMI (a private company survey) showed similar results with a reading of 50.9 vs 51.5 expected and 51.5 in January. It is also the lowest reading since May of last year. Given the rise in commodity prices as of late, the price components for both readings continued to rise as well (inflation?).

Asian Open: PMI supportive of sentiment overnight (bar China)
March 2, 2021

A ‘back of the envelope’ calculation is to average the January (51.5) and February (50.9) data as it accounts for the rise in business ahead of the holiday. This means the proxy-PMI could sit around 51.2 which, whilst still softer, not as close to the contraction threshold of 49.9. But, if we get a weak print in March (particularly if it contracts below 50) then expect risk-off fireworks to emerge across markets.

Elsewhere, Japan’s manufacturing PMI rose to a 2-year high of 51.40 (up from 50.6), Australian PMI rose to a near 3-yer high of 58.8 (55.3 prior), Germany and the broader Euro Zone PMI’s rose to 60.7 and 57.9 and the UK’s PMI rose to 55.1 (54.9 prior). All the above beat expectations.

 

[Mr. Wood]

Magellan Midstream Partners, L.P. (MMP) CEO Mike Mears Presents at Morgan Stanley Energy & Power Conference (Transcript)
Mar. 01, 2021

Our expectation, and first of all I’ll say, we don't necessarily have a crystal ball. I think a lot of folks think that because we're really at the point of contact with refined product demand that we may know little bit more about forecasting it than others, when, in reality, trying to forecast recovery from a pandemic is probably an impossible task. So start with that. But we clearly are seeing a slow improvement in product demand. As you know, gasoline was hit the hardest and it's on a slow trajectory, I think our results so far this year are right in line with what our expectations are. And our expectations were for slow recovery really for the first half of the year and then a quicker recovery for the second half of the year. And we're seeing that. Diesel demand did not drop off as much as it did initially but it came back a little quicker in the second half of 2020. And of course, jet fuel demand is still stuck at pretty low numbers.

And that's probably, on the last point there, on jet fuel demand. That's probably the area that's going to be lagging the longest as far as recovery. So our expectation is we'll get back to 2019 demand levels, probably till 23 perhaps or even later than that. The wildcard of all this is what happens with pent up leisure travel demand. And I think everyone's projecting or predicting that that's going to happen. We sure love to see that happen.

 

[Mr. Wood]

Warner Bros.' 'Tom & Jerry' Scores $13.7M At Box Office
March 2, 2021

Warner Bros. subsidiary reigned at the weekend box office with its animation-live action hybrid "Tom & Jerry," scoring $13.7 million in domestic ticket sales and $25.1 million internationally.

nowdays the cartoon very muted cannot compare with last time

 

[Mr. Wood]

What in the world is wrong with gold?
March 3, 2021

First, it’s worth noting that gold has a reputation for being an uncorrelated investment, and falling while nearly every other speculative asset is surging into record territory is certainly confirmation of that. Many long-term gold holders are most interested in the yellow metal’s diversification benefits when their other investments are falling, an environment that we haven’t seen much of late. In other words, in order to take their victory laps while everyone else is losing, gold bugs by definition must occasionally lose money while every other investment is rising.

One other possible explanation is that cryptoassets like Bitcoin actually are gaining market share for the global “store of value” demand. After all, famous investors like Stanley Druckenmiller and Paul Tudor Jones both believe the idea has merit, and Bitcoin did surge 9% on the day of the Capitol riots. That said, despite its technological merits, Bitcoin will never be able to approach gold’s unfathomably long history of being a reliable store of value, so gold bugs would argue that this may be a more short-lived phenomenon.

The final explanation for gold’s recent underperformance could be that it’s just noise. As any experienced trader will tell you, markets don’t always move perfectly as they’re “supposed to.” It’s always possible that the market’s collective understanding of gold as a hedge against fiat currency debasement is no longer relevant, but more often, traders will ignore a seemingly relevant development before coming around to respect it again all at once.

i wud oso say commodities hav industry uses, so there is some value.

bitcoin mayb nxt time can use to buy things, but cannot see cannot touch, can evytime i open my wallet i feel v rich
another thing i still dun understand is whether bitcoin can do same as fractional reserve banking system anot. if dun hav means no inflation, no loans, no interests?

 

[sky37]

i wud oso say commodities hav industry uses, so there is some value.
:

I would think Silver has more industrial use than Gold.
Maybe it's also a good idea to keep some Silver.

And what's the intrinsic value of Bitcoin
Something to think about...

 

[Mr. Wood]

I would think Silver has more industrial use than Gold.
Maybe it's also a good idea to keep some Silver.

And what's the intrinsic value of Bitcoin
Something to think about...

yup, silver too, though i not checking silver prices.

oso dun understand the "intrinsic" value. but a lot mayb will say we old economy old school old mentality.... blah blah

 

[Mr. Wood]

ADM to Host Financial Times Digital Dialogue on Future of Food
March 02, 2021

ADM (NYSE: ADM) is partnering with the Financial Times to host an online panel discussion about the ongoing transformation of global food systems and the consumer trends driving those changes.

The event, The Future of Food is Now: How ESG Strategies, Smart Investments, and EU Policies are Shaping Global Food Systems, will be held on Tuesday, March 16, at 9 a.m. U.S. Central Time, 3 p.m. Central European Time.

Speakers will discuss how organizations across public and private sectors are developing new approaches to social impact and sustainability strategies that address growing and evolving needs across global food systems, and consider the steps being taken to create mutually beneficial ESG strategies between the industry and investors. Whether it be the EU Green Deal’s “Farm to Fork” strategy, ambitious new sustainability goals, or shifting priorities in investments, 2021 is set to shape our food system for a generation.

Registration is free. Details are available at https://futureoffood.live.ft.com/.

 

[5408854088]

Seedly Personal Finance Festival 2021Date: 10 April 2021, 10AM - 5PM

just beware. some are reputable. but there are scums as well, especially stage B i see more scums.

up for you

 

[Mr. Wood]

Walmart Feb 2021
https://drive.google.com/file/d/1gRyQ7knXniXtL9aI49G6pUAr1MO0o0cs/view?usp=sharing

Nissan Motor Feb 2021
https://drive.google.com/file/d/1diJyspuYTxMymYKvVfRAFHtP9e7ieQVq/view?usp=sharing

L Brands Inc Feb 2021
https://drive.google.com/file/d/1OfbR4WGDWaxVZoCbqV-r49wWzJMsXcZM/view?usp=sharing

APD Feb 2021
https://drive.google.com/file/d/1BfBQ7yEfWhk3XrUE6a8PkasCm2thBV5O/view?usp=sharing

CF Feb 2021
https://drive.google.com/file/d/1yEM15ljn6_MFpRbps1YJgqbR-4IwYcef/view?usp=sharing

O Feb 2021
https://drive.google.com/file/d/1Ym0l1tZV5pwBHE7ard7msRZ_Rbk9ItPz/view?usp=sharing

AMT Feb 2021
https://drive.google.com/file/d/1vomf6dE2bUkOgTdn5BdgXEcqkZCQjWh8/view?usp=sharing

 

[Mr. Wood]

other update reports. anyone interested, let me know

AllianceBernstein Holding Lp (AB)
America Movil S.A.B.DE C.V. (AMX)
American Tower Corp. (AMT)
Apollo Commercial Real Estate Finance Inc (ARI)
ARMOUR Residential REIT Inc (ARR)
Booz Allen Hamilton Holding Corp (BAH)
Broadmark Realty Capital Inc (BRMK)
Calvin b. Taylor Bankshares, Inc. (TYCB)
CF Industries Holdings Inc (CF)
Chorus Aviation, Inc. (CHRRF)
CME Group Inc (CME)
Comcast Corp (CMCSA)
Danone (DANOY)
Dominos Pizza Inc (DPZ)
DTE Energy Co. (DTE)
Duke Energy Corp. (DUK)
Eagle Point Income Company (EIC)
Ellington Financial Inc (EFC)
Eni Spa (E)
Entergy Corp. (ETR)
Exelon Corp. (EXC)
First Farmers Financial (FFMR)
Firstenergy Corp. (FE)
Fresenius Medical Care AG & Co. KGaA (FMS)
Garmin Ltd (GRMN)
Genesis Energy L.P. (GEL)
Gladstone Commercial Corp (GOOD)
Greif Inc (GEF)
Hannon Armstrong Sustainable Infrastructure capital Inc (HASI)
Hoegh LNG Partners LP (HMLP)
Holly Energy Partners L.P. (HEP)
HollyFrontier Corp (HFC)
Host Hotels & Resorts Inc (HST)
Innovative Industrial Properties Inc (IIPR)
Intercontinental Exchange Inc (ICE)
Intuit Inc (INTU)
J.M. Smucker Co. (SJM)
LTC Properties, Inc. (LTC)
Macy`s Inc (M)
Matthews International Corp. (MATW)
McGrath Rentcorp (MGRC)
Medtronic Plc (MDT)
Nabors Industries Ltd (NBR)
Netapp Inc (NTAP)
New Mountain Finance Corp (NMFC)
Newmont Corp (NEM)
Nordson Corp. (NDSN)
Omnicom Group, Inc. (OMC)
Oneok Inc. (OKE)
Owens & Minor, Inc. (OMI)
PennantPark Floating Rate Capital Ltd (PFLT)
Physicians Realty Trust (DOC)
R.R. Donnelley & Sons Co. (RRD)
Realty Income Corp. (O)
Rio Tinto plc (RIO)
Ritchie Bros Auctioneers Inc (RBA)
Rockwell Automation Inc (ROK)
SFL Corporation Ltd (SFL)
Siemens AG (SIEGY)
Sienna Senior Living, Inc. (LWSCF)
Six Flags Entertainment Corp (SIX)
SK Telecom Co Ltd (SKM)
Solar Senior Capital Ltd (SUNS)
Southern Company (SO)
Spirit Realty Capital Inc (SRC)
Starwood Property Trust Inc (STWD)
Stepan Co. (SCL)
Sunoco LP (SUN)
Superior Plus Corp. (SUUIF)
Tanger Factory Outlet Centers, Inc. (SKT)
Targa Resources Corp (TRGP)
TechnipFMC plc (FTI)
Telephone And Data Systems, Inc. (TDS)
Tennant Co. (TNC)
Thomson-Reuters Corp (TRI)
Tootsie Roll Industries, Inc. (TR)
Two Harbors Investment Corp (TWO)
U.S. Global Investors, Inc. (GROW)
UGI Corp. (UGI)
USA Compression Partners LP (USAC)
Ventas Inc (VTR)
Waddell & Reed Financial, Inc. (WDR)
Welltower Inc (WELL)

 

[Mr. Wood]

Nio slumps 14% post earnings
March 5, 2021

Nio trades -14% this week on a broad tech selloff and after disappointing earnings at the start of the week.

Nio reported Q4 sales of $1.02 billion slightly ahead $1.01 billion forecast.

However, the adjusted loss came in at -0.14c double the -0.07c that Wall Street expected.

It wasn’t all bad, sales +133% and Nio guided for better than 20,000 deliveries in Q1 2021.

Nio partner JAC Motors is expanding production capacity to facilitate Nio’s sales growth.

However, the automotive semiconductor chip supplies shortage could limit sales in Q1 & 2.

 

[Mr. Wood]

Electric vehicle (EV) bubble may have burst
04 Mar 2021,

An important observation to note will be performances of leading electric vehicle (EV) stocks that is part of the “disruptive innovation” theme play that produced an astonishing return between 700% to 1000% in 2020. Since its current all-time of 900.40 printed on 25 January, Tesla has plummeted by -27.6% to record a close of 653.20 yesterday, a clear bear market territory. Similar observations can be seen in Nio Inc (-38.6%) and Xpeng Inc (-59.7%). Hence after an overstretched valuation from several fundamental matrices seen in these EV stocks, their current respective technical analysis charts have indicated a potential bubble burst in terms of price actions which can trigger a negative feedback loop into other “euphoric disruptive innovation” trades easily.

 

[Mr. Wood]

crazy vol still cannot support price.
retrace to 23.6 fib. looks good to accumulate somemore.

nxt lvl to accumulate will be ard 111. maybe concide with 200ema.

nice. bounce off 200ema. if hammer larger will be much nicer.
but 50ema turning down is warning.

 

[Mr. Wood]

nothing much to see here. except oso getting expensive for my liking. DY is abt half of last yr.

 

[Mr. Wood]

Dividend Aristocrats In Focus: The Clorox Company


Updated on March 3rd, 2021

Valuation & Expected Returns
Clorox trades for a price-to-earnings ratio of 21.7, which is below our estimate of fair value, which is 23 times earnings. As the stock is trading below fair value, we see it as slightly undervalued. If the P/E ratio expands from 21.7 to 23 over the next five years, it would lift annual returns by 1.2%.

Shareholder returns will be further boosted by future earnings-per-share growth, which we estimate at 2% per year. Finally, Clorox’s 2.5% dividend yield will add to shareholder returns, leading to total expected returns of 5.7% per year over the next five years. This is a decent expected rate of return, but is not high enough to warrant a buy rating at this time.

 

[Mr. Wood]

Clorox Named Official Cleaning Partner Of The NBA And WNBA
March 5, 2021

The multiyear agreement allows for ongoing collaboration with Clorox in promoting health and safety during NBA and WNBA games and events, including the upcoming 2021 NBA All-Star Game in Atlanta on March 7, where the cleaning brand will supply disinfecting products.

In addition, Clorox and the Jr. NBA developed a custom digital education series, teaching children and families how to properly follow the latest health and safety measures in accordance with best practices from the CDC.

 

[Mr. Wood]

Stanley Black & Decker Contributes More Than $500,000 to Disaster Relief Support
Mar 03, 2021,

The company will also be donating to the North Texas Food Bank and Genesis Women's Shelter to assist residents in Texas who are struggling to meet basic needs.

amdk help amdk

 

[Mr. Wood]

Is STORE Capital a Buy?

Mar 5, 2021

STORE Capital (the STORE stands for Single Tenant Operational Real Estate) has a heavy focus on service industries, with restaurants and child education as the biggest industry concentration. This is a bit different from Realty Income, which has a higher focus on nondiscretionary retail.

STORE recently reported fourth-quarter 2020 revenue of $173 million, which was flat compared to a year ago. For the full year, revenue rose 4.3% to 694.3 million. Adjusted funds from operations (AFFO, what REITs use for earnings) rose 1.1% to $463 million, but AFFO per share declined from $1.99 to $1.83 due to a share issue. Increased income from new tenants were offset by COVID-19 expenses and rent deferrals.

STORE's revenue increase was driven largely by acquisitions. Total property locations rose from 2,504 on Dec. 31, 2019, to 2,634 at the end of 2020. Customer count rose from 478 to 519. Total investment activity in 2020 was $1.09 billion, consisting of 214 properties with an average capitalization rate of 8.1%. Cap rate is the expected income from a property, as a percentage of the total investment. That said, cap rate isn't the whole story; these long-term leases often have rent escalators, which adds to the return.

 

[Mr. Wood]

https://twitter.com/JanetYellen/status/1368299567494672396

With the economy down 9.5 million jobs since February 2020, it could be 2 years before the labor market simply reaches its pre-pandemic level. These high rates of job loss threaten the wellbeing of workers & their families.

Such loss may create economic scars that last well beyond the end of the pandemic.
This is why our country is in need of an ambitious relief bill to help Americans endure the final months of this crisis; to put food on the table, checks in the mail, & vaccine shots in the arm.

With the Senate’s vote on the America Rescue Plan, the bill is one step closer to passage. Once the plan is signed into law, I am confident that Americans will be met by a strong economy when we make it to the other side of the pandemic.

 

[Mr. Wood]

Powell’s Dashboard Shows How Far U.S. Economy Has to Go on Jobs
March 7, 2021

Here are some of the numbers Powell is watching that underscore the challenges ahead:

Black Unemployment
Covid sent Black unemployment surging to 16.7% in April and May of last year. By January it had recovered to 9.2%.

Powell has repeatedly said he wants to see broad-based gains in employment, and not just in the aggregate or at the median.

Low-Wage Earnings
In a Feb. 10 speech, Powell cited pay for the bottom 25% of earners in particular. Just before the onset of the pandemic in the U.S., wage growth for this group of workers was 4.7% on a 12-month average basis,

No College
Powell has also highlighted labor force participation rates specifically for those without college educations. The pandemic has had an outsize effect on them.

amdk alwys take care of under privileged, even if is juz wayang.
dun hav the heart at least hav the mouth