Actionable Conclusions (1-10): Brokers Estimate Top Ten 'Safer' Dividend S&P 500 Stocks Could Net 15.8% to 42.35% Gains By August, 2019 Three of the ten tops-by-yield 'safer' Dividend S&P 500 (tinted in the chart above) were among the top ten gainers for the coming year based on analyst 1 year targets. Thus, the dog strategy for this group, as graded by analyst estimates for this month, proved 30% accurate.
Projections based on estimated dividend returns from $1000 invested in each of the thirty highest yielding stocks and their aggregate one year analyst median target prices, as reported by YCharts, created the 2018-19 data points. Note: one year target prices by lone analysts were not applied. The ten probable profit-generating trades projected to August 15,... more
Actionable Conclusions (1-10): Analysts Estimated 15.8% To 44.98% Net Gains For Ten S&P 500 Dogs To August 2019 Three of ten top S&P 500 dividend stocks by yield were among the top ten gainers for the coming year based on analyst 1-year target prices. (They are tinted gray in the chart above). Thus, this yield-based forecast for S&P 500 dogs was graded by Wall St. Wizards as 30% accurate.
Projections were based on estimated dividends from $1000 invested in each of the thirty highest yielding stocks and their aggregate one year analyst median target prices, as reported by YCharts. Note: one year target prices by lone analysts were not applied. Ten probable profit-generating trades projected to August 15, 2019 were:
Coty Inc (COTY) was projected to net $449.82, based on... more
Bank earnings season is upon us. All eyes are going to be on the Canadian Dividend All-Star banks who are scheduled to report earnings over the next couple of weeks. The first two Big Five banks scheduled to report are also expected to announce a dividend raise. First, let’s take a look at what happened last week. Of note, all figures are in Canadian dollars unless otherwise noted.
LAST WEEK – RESULTS Last week unfolded as expected. CAE Inc. (CAE)[TSX: CAE] was the lone All-Star expected to raise dividends. It did not disappoint and rose inline with expectations.
Last Tuesday, CAE reported earnings... more
Actionable Conclusions (1-10): Brokers Project Top Ten 'Safer' Dividend Aristocrats Stocks to Net 14.66% to 38.2% Gains To July, 2019 Three of ten biggest yield "safer" Dividend Aristocrats (tinted in the chart above) showed up in the Top ten gainers for the coming year based on analyst 1 year target prices. Thus the yield selection strategy for this group as graded by analyst estimates proved 30% accurate.
Projections based on estimated dividend returns from $1000 invested in the thirty highest yielding stocks and their aggregate one year analyst median target prices, as reported by YCharts, created the 2018-19 data points. Note: one year target prices by lone analysts were not applied. Ten probable profit-generating trades projected to August 15, 2019 were:
President and CEO of Jefferson Security Bank (OTCQB: JFWV), Cindy Kitner, announced the Board of Directors approval of a semi-annual dividend at their August 15, 2018 meeting in the amount of $0.75 per share, payable on September 14, 2018 to shareholders of record on August 31, 2018. This increase results in a total dividend of $1.45 per share in 2018, representing an increase of 26% from the total dividend in 2017 of $1.15 per share.... more
Introduction Cardinal Energy (OTC:CRLFF) has been one of my favorite oil and gas producers in North America as the company has successfully navigated through some difficult waters when the oil and gas prices were very low. It did have to cut the dividend, but is still yield in an attractive 8% based on the monthly dividend of C$0.035 per share. However, the very cautious hedging program is now hitting the company’s income and cash flow statements as Cardinal is taking big losses on its hedges.
CJ data by YCharts
Cardinal Energy is a Canadian company, and its Toronto-listing (with CJ as ticker symbol) is providing you with a more liquid trading solution. The average daily volume in Toronto is approximately 400,000 shares per day, which is definitely better than the OTC... more
Global Partners LP, (GLP), is a diversified energy company which we've owned since the Crash of 2008, when we were lucky enough to have bought it at firesale prices, at a time when the market was a very scary place, and some companies' distribution yields reached into the 20%-plus range. GLP was one of those companies.
Since then, we've held onto GLP, through its big growth phase, when it rose to the high 40's in 2014 and management steadily increased the distributions; through its downward spiral in the Crude Crash of late 2015-early 2016; when it reached the low teens, and management cut the distribution, (along with many other energy companies), by ~33%, as the yield began to approach ~20% again.
Pricewise, it has been an up and down ride, but we were able to... more
This report has been produced together with High Dividend Opportunities author Jussi Askola.
Lexington Realty Trust (LXP) is a diversified REIT in transition to becoming an industrial REIT, similar to Gramercy Property Trust (GPT), which we recommended to our investors and readers and sold after the buyout offer from Blackstone (BXMT).
Gramercy got bought out by Blackstone which saw an opportunity to buy a soon-to-be industrial REIT at a deep discount to peers. The least we can say is that, during 2018, GPT shareholders received high dividend payments for their holding period - and it turned out to be an investment that outperformed broad REIT indexes (VNQ) for the period.
Today, we believe that the same opportunity lies in Lexington Realty Trust. The company is well on... more
I opened up my brokerage account today (August 17) to see that an Apple (AAPL) dividend had just arrived. Thanks for that, I'll take it. I'll take it even though it's just a scrap. That 'real' cash dividend is not going to take me very far. And speaking of Apple dividends taking us places, my regular readers might remember my Apple article that kicked off Summer and my new life work stage when I entered that semi-retirement stage. For the record, I have not taken a day off from working on cuthecrapinvesting.com, but call it retirement if you like. And of course, I've enjoyed being able to write a little more often on Seeking Alpha as well. That article was This Summer, Apple is taking me to the Island and Apple is picking up the tab.
In that article, I wrote... more
The market has been quite tough with "classic" dividend payers in the consumable goods sector. It seems that between tech and energy, investors find little interest in boring companies like Colgate-Palmolive (NYSE: CL). CL's shares are down double digits (-12% as of August 16, 2018) while the rest of the market is showing another great year. What's wrong with CL? Is it time to buy it on the drop?
A few months ago, I thought CL was a great buy. We are talking about a dividend king (50+ year with a dividend increase), a company with a dominant position in a highly recurring product (toothpaste), and a strong presence in emerging markets ensuring future growth. Unfortunately, after reviewing its latest quarter, my interest toward CL faded a bit. Here's why.