Topics
TRANSCONTINENTAL INC. $18 is still a buy. Canada’s largest commercial printing company (Toronto symbol TCL.A; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 86.6 million; Market cap: $1.6 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Above Average; www.tctranscontinental.com) last raised your dividend with the April 2020 payment....
Oil giant Chevron recently won U.S. regulatory approval for its deal to buy smaller rival Hess Corp. While expanding by acquisition adds risk, the new operations will add several promising properties to Chevron’s reserves. The extra cash flow will also let the oil giant keep raising your dividend—something it’s done each of the past 37 years.
CHEVRON CORP....
CHEVRON CORP....
ALCOA CORP. $37 is a buy. The company (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 258.3 million; Market cap: $9.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.1%; TSINetwork Rating: Extra Risk; www.alcoa.com) is a leading producer of bauxite ore, with mines in Australia, Brazil and West Africa....
NEWELL BRANDS INC. $10 remains a hold. The company (Nasdaq symbol NWL; Aggressive Growth and Income Portfolios, Consumer sector; Shares outstanding: 416.0 million; Market cap: $4.2 billion; Price-to-sales ratio: 0.6; Dividend yield: 2.8%; TSINetwork Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s glue, Rubbermaid food containers, Graco baby strollers, Coleman camping gear and Oster kitchen appliances.
In the quarter ended September 30, 2024, revenue declined 4.9%, to $1.95 billion from $2.05 billion a year earlier....
In the quarter ended September 30, 2024, revenue declined 4.9%, to $1.95 billion from $2.05 billion a year earlier....
SHERWIN-WILLIAMS CO. $349 is a hold. The paint maker (New York symbol SHW; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 251.9 million; Market cap: $87.9 billion; Price-to-sales ratio: 4.0; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.sherwin-williams.com) reported 0.7% higher sales in the three months ended September 30, 2024, to $6.16 billion from $6.12 billion a year earlier....
ARCHER DANIELS MIDLAND CO. $50 is a hold. The company (New York symbol ADM; High-Growth Payer Portfolio, Manufacturing sector; Shares outstanding: 478.1 million; Market cap: $23.9 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed and other crops into a variety of food ingredients such as flour, oils and sweeteners.
With the February 2024 payment, Archer raised your quarterly dividend by 11.1%, to $0.50 a share from $0.45....
With the February 2024 payment, Archer raised your quarterly dividend by 11.1%, to $0.50 a share from $0.45....
These two firms are cutting costs, which will help them cope as consumers shift away from processed foods. Those savings will let them improve the quality of their products, and protect their dividends.
CAMPBELL’S CO. $42 is a buy. The company (Nasdaq symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 298.1 million; Market cap: $12.5 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.thecampbellscompany.com) recently changed its name from Campbell Soup Co....
CAMPBELL’S CO. $42 is a buy. The company (Nasdaq symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 298.1 million; Market cap: $12.5 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.thecampbellscompany.com) recently changed its name from Campbell Soup Co....
CHEVRON CORP. $144 is a buy. The integrated oil producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.8 billion; Market cap: $259.2 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.chevron.com) raised your quarterly dividend by 7.9% with the March 2024 payment....
These two firms mainly serve clients in highly cyclical industries such as mining and construction. However, their high-quality businesses will let them continue their long record of annual dividend hikes.
FINNING INTERNATIONAL INC. $37 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 139.5 million; Market cap: $5.2 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada but also Chile, Argentina, Bolivia, the U.K....
FINNING INTERNATIONAL INC. $37 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 139.5 million; Market cap: $5.2 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada but also Chile, Argentina, Bolivia, the U.K....
The U.S. Federal Reserve continues to cut its benchmark interest rate as inflation eases. That is letting these two banks cut their loan provisions, which is lifting their earnings. Lower rates should also help spur demand for new loans. That will give them even more room to keep raising their dividends.
J.P....