This morning when I returned from my morning ritual of picking up coffee from our local McDonald's (NYSE: MCD), I got to thinking how grateful I am that our annual MCD dividends more than cover my annual MCD coffee budget ($800 - $900/year).
Given that MCD released it FY 2016 results this morning, I thought I would analyze its results to see if I can feel confident it will continue to finance my coffee vice.
MCD is the world's leading global food service retailer with over 36,000 locations in over 100 countries. More than 80% of its restaurants worldwide are owned and operated by independent local business people.
MCD started operating under a new organizational structure beginning July 1, 2015. The following four segments combine... more
Staples (NYSE: SPLS) is an office supplies retailer with more than 1500 stores and more than 70,000 employees. The company is headquartered in Boston and operates in Europe, North America, Australia, and New Zealand. SPLS has experienced a number of challenges which I have summarized below.
A federal judge opposed its plan to acquire its competitor, Office Depot (NYSE: ODP) in 2016. The combination would create the biggest office supply company in the United States. Credit ratings. Before the failed acquisition of Office Depot, the company received credit rating downgrades by Fitch and Moody's. The ratings were later revised to stable. Industry trends. The company is suffering from the market trends as offices continue to automate and as cloud computing becomes the norm. The... more
Ford (NYSE: F) and GM (NYSE: GM) both made horrible mistakes in the past, which led to the downfall of GM during the financial crisis and brought Ford to the edge of bankruptcy as well.
BUT thanks to some of the best turnaround performance in corporate America, both Ford and GM are VERY different companies today. In fact, because the market has failed to price in the incredible improvements in their fundamentals, growth prospects, and dividend profiles in recent years, both Ford and GM represent some of the most undervalued, high-quality, high-yield dividend growth stocks you can own.
However, despite both companies being worthy of owning, (and in fact I own both in my own portfolio), there are three main reasons why I consider GM the better of the two for new money right... more
Brown-Forman’s (NYSE: BF-A) (NYSE: BF-B) Board of Directors declared a regular quarterly cash dividend of 18 1/4 cents per share on its Class A and Class B Common Stock. Stockholders of record on March 6, 2017 will receive the cash dividend on April 3, 2017.... more
Today, the board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.255 per share. The dividend will be payable on April 3, 2017 to shareowners of record as of March 15, 2017.... more
Author's Note: This article is a detailed analysis of Main Street Capital Corp.'s (NYSE: MAIN) dividend sustainability. I have performed this analysis due to the continued number of readers who have specifically requested such an analysis be performed on MAIN at periodic intervals. For readers who just want the summarized conclusions/results, I would suggest to scroll down to the "Conclusions Drawn" section at the bottom of the article.
Focus of Article:
The focus of this article is to provide a detailed analysis with supporting documentation (via three tests) on the near-term dividend sustainability of MAIN. This analysis will be provided after a brief overview of MAIN's regulated investment company ("RIC") classification per the Internal Revenue... more
KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) today announced its monthly distributions of $0.125 per common share, payable on the dates below. Based on the Fund’s initial public offering price of $20.00 per share and current share price of $17.19 (as of its close on January 23rd, 2017), the distributions represent an annualized distribution rate of 7.5% and 8.7% respectively (calculated by annualizing the distribution amount and dividing it by the IPO share price or current price, as the case may be).... more
While technology stocks in general are not known for their dividends and rather keen on re-investing the cash back into the company, there are a few tech stocks out there that pay decent dividends. Apart from Apple (Nasdaq: AAPL) with its 4-year dividend history and a current yield of 1.9% and Microsoft (Nasdaq: MSFT) currently yielding 2.5% and on a 13-year run of consecutive dividend increases, Cisco Systems (Nasdaq: CSCO) yielding almost 3.5% is one of the top dividend stocks in the technology sector. Since having paid its initial dividend of $0.06 per share in 2011 the company has aggressively hiked its dividend to a current level of $0.26 per share. Last year's February dividend raise of 25% excited investors so much that the stock has soared by more than 33% since then.
American Express Company (NYSE: AXP) yesterday declared a semiannual dividend on the Company’s 4.900% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series C, of $24,500 per share (which is equivalent to $24.50 per related Depositary Share).... more
Good news came earlier than expected Friday when Chesapeake Energy (NYSE: CHK) reinstated dividends on its four classes of convertible preferred stock.
The move came days after the oil and gas company reduced its preferred obligation by repurchasing shares in exchange for 18.8 million shares of common in private transactions.
Since the issues are cumulative, preferred investors will receive four quarters' worth of arrears as well as a regular payment in the next two months, as the company detailed in a filing.
Source: Chesapeake press release
At this point, we should expect gains-oriented investors who successfully bet on a resumption of dividends will start taking profits, to be replaced by income investors and preferred stock dividend funds.
The Chesapeake... more