December DID NOT Stop The Dividends

Straightforward Dividend Stock News!

Welcome to The Dividend Report! πŸ”₯ 

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Now, let’s dive in.

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. πŸ”΄

  • 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. πŸ”΄

  • 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. πŸ”΄

  • 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.

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52 Week Low Dividend Stocks:

  • $COST - Costco Wholesale πŸ›’

  • $PG - Procter & Gamble 🧴

  • $LIN - Linde πŸ§ͺ

  • $MMC - Marsh & McLennan Companies πŸ›‘οΈ

  • $AMT - American Tower πŸ’πŸ“‘

  • $CTAS - Cintas πŸ‘”

  • $RELX - RELX πŸ“š

  • $MDLZ - Mondelez International 🍫

  • $CL - Colgate-Palmolive πŸͺ₯

  • $MSI - Motorola Solutions πŸ“‘

  • $AJG - Arthur J. Gallagher 🧾

  • $TRI - Thomson Reuters πŸ“°

  • $ZTS - Zoetis 🐾

  • $DEO - Diageo 🍾

  • $ROP - Roper Technologies πŸ–₯️

  • $PAYX - Paychex πŸ“Š

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The Dividend Report