Often times the healthcare industry is ripe with investment opportunity. There are companies that make products such as medical devices, while others research and develop cutting-edge pharmaceutical drugs. Today's dividend champion spotlight Walgreens Boots Alliance, Inc. (WBA) has been in business since 1901, serving as a distributor for the medical industry. Already a standout in the industry, Walgreens' deals to merge with Boots Alliance and to acquire a large portion of Rite Aid pharmacies have resulted in a massive distribution network that now operates at a global scale. However, Walgreens could soon face potential challenges that investors need to consider. We look at the business to discover what investors can expect from this behemoth in the years ahead.
The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.13 per share cash distribution payable on December 28, 2018 to shareholders of record on November 27, 2018.... more
Looking for strong distribution growth in the high-yield space? Coupled with good trailing coverage and robust forward distribution coverage guidance? How about rising EBITDA guidance? And maybe a side of fries and a milk shake with your order?
The fact is, you can have it all with Oasis Midstream Partners LP (OMP), a one-year old MLP whose management has reaffirmed its guidance for 20% annual distribution growth through 2021. (Well, maybe not the fries and milk shake, but with those rising quarterly payouts, you can even afford to add a burger or two into the mix at your local DQ.)
OMP has delivered an impressive total return of 14.81% since we first covered it on 6/19/18. Indeed, it has outperformed the benchmark Alerian MLP ETF (AMLP) and the S&P 500, which were both in the... more
The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.65 per share on FedEx Corporation common stock. The dividend is payable January 2, 2019 to stockholders of record at the close of business on December 10, 2018.... more
CSB Bancorp, Inc., (OTC Pink: CSBB) today announced that the Company’s Board of Directors has declared a fourth quarter cash dividend of $0.26 per share on its common stock, payable December 18, 2018 to shareholders of record as of December 4, 2018. The dividend represents a $.02 increase in the quarterly cash dividend.... more
The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO) (the “Fund”) declared a $0.20 per share cash distribution payable on December 14, 2018 to common shareholders of record on December 7, 2018.... more
Note on fiscal year-end: Caldwell has a weird year-end of August 31st, not the typical December 31. Also, All figures below are in Canadian dollars based on the TSX listing in order to use the best/most current information. Just keep that in mind as you see company financials.
In our previous article from just over a week ago, we outlined our thesis as to why Caldwell Partners International (OTC:CWLPF) would have a great quarter. Mainly, that Caldwell was trading FAR cheaper than direct competitors Heidrick & Struggles International (HSII) and Korn/Ferry International (KFY), who had foreshadowed Caldwell's results, by already reporting very strong quarters and bullish outlooks for the future. At the time, shares were trading at $1.40 on the TSX and when the company reported... more
SpartanNash Company (the “Company”) (Nasdaq: SPTN) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share. The dividend will be paid on December 31, 2018 to shareholders of record as of December 17, 2018. As of November 14, 2018, there were 35,941,837 common shares outstanding.... more
Warren Buffett is Buying This
It’s one of my favorite dividend stocks out there, and apparently billionaire Warren Buffett agrees with me.
I started recommending bank stocks to subscribers in the May 2016 issue of my monthly research letter, Retirement Riches. At the time, I highlighted how firms like Citigroup Inc (NYSE: C), Wells Fargo & Co (NYSE: WFC), and Bank of America Corp (NYSE: BAC) served as the “financial backbone” of the American economy. They rise and fall with our country’s ability to make, save, or transmit money.
The favorite in question is JPMorgan Chase & Co (NYSE: JPM). The company benefits from a nearly unrivaled combination of scale and scope within the United States, allowing it to earn outsized profits over its peers.... more