December DID NOT Stop The Dividends

Straightforward Dividend Stock News!

Welcome to The Dividend Report! 🔥 

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Key Dividend Hikes:

  • $MORN - Morningstar declares $0.50/share quarterly dividend, 9.9% increase from prior dividend of $0.455.

  • $ASCN - Absecon Bancorp declares $1.05/share quarterly dividend, 16.7% increase from prior dividend of $0.90.

  • $AIN - Albany International declares $0.28/share quarterly dividend, 3.7% increase from prior dividend of $0.27.

  • $HPE - Hewlett Packard Enterprise declares $0.1425/share quarterly dividend, 9.6% increase from prior dividend of $0.13.

  • $WEC - WEC Energy declares $0.9525/share quarterly dividend, 7% increase from prior dividend of $0.89.

  • $UTZ - Utz Brands declares $0.063/share quarterly dividend, 3.3% increase from prior dividend of $0.061.

  • $RHP - Ryman Hospitality Properties declares $1.20/share quarterly dividend, 4.3% increase from prior dividend of $1.15.

  • $OC - Owens Corning declares $0.79/share quarterly dividend, 15% increase from prior dividend of $0.6875.

  • $ECL - Ecolab declares $0.73/share quarterly dividend, 12% increase from prior dividend of $0.6525.

  • $EMN - Eastman Chemical declares $0.84/share quarterly dividend, 1.2% increase from prior dividend of $0.83.

  • $TKO - TKO Group Holdings raises dividend by 2.6%. (Amount not provided.)

  • $CARR - Carrier Global declares $0.24/share quarterly dividend, 6.7% increase from prior dividend of $0.225.

  • $RJF - Raymond James Financial declares $0.54/share quarterly dividend, 8% increase from prior dividend of $0.50.

  • $TRN - Trinity Industries raises dividend by ~3%. (Amount not provided.)

  • $TXNM - TXNM Energy declares $0.4225/share quarterly dividend, 3.7% increase from prior dividend of $0.4075.

  • $DTE - DTE Energy declares $1.165/share quarterly dividend, 6.9% increase from prior dividend of $1.09.

  • $JHI - John Hancock Investors Trust declares $0.3649/share quarterly dividend, 22% increase from prior dividend of $0.2999.

  • $NUE - Nucor declares $0.56/share quarterly dividend, 1.8% increase from prior dividend of $0.55.

  • $VBF - Invesco Bond Fund declares $0.0715/share monthly dividend, 2.1% increase from prior dividend of $0.07.

  • $STRC - Strategy Inc 9.0% Series A Perpetual Stretch Preferred declares dividend raised by 2.4%. (Amount not provided.)

  • $THG - Hanover Insurance declares $0.95/share quarterly dividend, 5.6% increase from prior dividend of $0.90.

Key Earnings Reports:

  • Salesforce press release (NYSE:CRM):

    Q3 Non-GAAP EPS of $3.25 beats by $0.39. 🟢

    Revenue of $10.26B (+? Y/Y) essentially in line, misses by $10M vs. forecast. 🔴

  • CrowdStrike press release (NASDAQ:CRWD):

    Q3 Non-GAAP EPS of $0.96 beats by $0.02. 🟢

    Revenue of $1.23B beats by $20M. 🟢

  • Marvell Technology press release (NASDAQ:MRVL):

    Q3 Non-GAAP EPS of $0.76 beats by $0.02. 🟢

    Revenue of $2.07B meets forecasts. 🟡

  • Snowflake press release (NYSE:SNOW):

    Q3 Non-GAAP EPS of $0.35 beats by $0.04. 🟢

    Revenue of $1.21B beats by $30M. 🟢

  • Kroger press release (NYSE:KR):

    Q3 Non-GAAP EPS of $1.05 beats by $0.02. 🟢

    Revenue of $33.86B misses by $330M. 🔴

  • MongoDB press release (NASDAQ:MDB):

    Q3 Non-GAAP EPS of $1.32 beats by $0.51. 🟢

    Revenue of $628.31M beats by ~$34M. 🟢

  • Credo Technology press release (NASDAQ:CRDO):

    Q3 Non-GAAP EPS of $0.67 beats by $0.18. 🟢

    Revenue of $268.03M beats by ~$33M. 🟢

  • Hewlett Packard Enterprise press release (NYSE:HPE):

    Q4 Non-GAAP EPS of $0.62 beats by $0.04. 🟢

    Revenue of $9.68B misses by $220M. 🔴

  • Dollar General press release (NYSE:DG):

    Q3 Non-GAAP EPS of $1.28 beats by $0.33. 🟢

    Revenue of $10.65B beats by $30M. 🟢

  • Ulta Beauty press release (NASDAQ:ULTA):

    Q3 Non-GAAP EPS of $5.14 beats by $0.53. 🟢

    Revenue of $2.86B beats by $150M. 🟢

Last Time the Market Was This Expensive, Investors Waited 14 Years to Break Even

In 1999, the S&P 500 peaked. Then it took 14 years to gradually recover by 2013.

Today? Goldman Sachs sounds crazy forecasting 3% returns for 2024 to 2034.

But we’re currently seeing the highest price for the S&P 500 compared to earnings since the dot-com boom.

So, maybe that’s why they’re not alone; Vanguard projects about 5%.

In fact, now just about everything seems priced near all time highs. Equities, gold, crypto, etc.

But billionaires have long diversified a slice of their portfolios with one asset class that is poised to rebound.

It’s post war and contemporary art.

Sounds crazy, but over 70,000 investors have followed suit since 2019—with Masterworks.

You can invest in shares of artworks featuring Banksy, Basquiat, Picasso, and more.

24 exits later, results speak for themselves: net annualized returns like 14.6%, 17.6%, and 17.8%.*

My subscribers can skip the waitlist.

*Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.

52 Week Low Dividend Stocks:

  • $COST - Costco Wholesale 🛒

  • $PG - Procter & Gamble 🧴

  • $LIN - Linde 🧪

  • $MMC - Marsh & McLennan Companies 🛡️

  • $AMT - American Tower 🏢📡

  • $CTAS - Cintas 👔

  • $RELX - RELX 📚

  • $MDLZ - Mondelez International 🍫

  • $CL - Colgate-Palmolive 🪥

  • $MSI - Motorola Solutions 📡

  • $AJG - Arthur J. Gallagher 🧾

  • $TRI - Thomson Reuters 📰

  • $ZTS - Zoetis 🐾

  • $DEO - Diageo 🍾

  • $ROP - Roper Technologies 🖥️

  • $PAYX - Paychex 📊

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The Dividend Report