Dividend Advisor Hotline – Friday, August 9, 2019

BROADRIDGE FINANCIAL SOLUTIONS INC., $125.75, New York symbol BR, serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.

Starting with the October 2019 payment, Broadridge will raise its quarterly dividend by 11.3%. Investors will then receive $0.54 a share instead… Read More

Updating Broadridge Financial Solutions Inc., Gannett Co. Inc. and Restaurant Brands International Inc.

BROADRIDGE FINANCIAL SOLUTIONS INC. $133 (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 116.4 million; Market cap: $15.5 billion; Price-to-sales ratio: 3.5; Dividend yield: 1.5%; TSINetwork Rating: Average; www.broadridge.com) has completed the acquisition of the retirement plan custody and trust assets of TD Ameritrade… Read More

Broadridge adds a niche

BROADRIDGE FINANCIAL SOLUTIONS $130.56 New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares outstanding: 116.1 million; Market cap: $15.1 billion; Dividend yield: 1.5%) has completed the acquisition of Ireland-based Rockall Technologies Ltd. for $37 million.
That firm makes securities-based lending- and collateral-management software for wealth management firms and… Read More

Buy Broadridge, hold on to Adobe

BROADRIDGE FINANCIAL SOLUTIONS $113.25 (New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares o/s: 115.7 million; Market cap: $13.0 billion; Dividend yield: 1.7%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2019 second quarter, ended December 31, 2018,… Read More