Dividend Income
April 26, 2022 | Daily JAM, Dividend Income, Jubak Picks, KO, PEP, Top 50 Stocks |
Neither company crushed Wall Street earnings expectations, but both reported good enough news in a very tough environment. I own PepsiCo in my long-term 50 Stocks Portfolio, where it was up 220.4% from my initial December 30, 2008 pick as of the close on April 26. I will add the stock to my 12-18 month Jubak Picks Portfolio tomorrow, April 27, with a target price of $190 a share. The stock pays a 2.47% dividend I own shares of Coca-Cola in my Jubak Picks Portfolio, where it was up 29.8% from my February 19, 2021 pick, and in my Dividend Portfolio, where it was up 41.75% from my May 1, 2020 pick. Tomorrow, April 27, I will add shares of Coca-Cola to my long-term 50 Stocks Portfolio. In addition I will raise the target price on Coca-Cola in my Jubak Picks Portfolio to $78 from the current $56 a share.
April 11, 2022 | C, Daily JAM, Dividend Income, JPM, Jubak Picks, KBWB, Perfect Five-ETFs, USB, WFC |
Just want to make sure that no one missed the sell recommendations in yesterday’s Saturday Night Quarterback post. Big banks will kick off another earnings season beginning with JPMorgan Chase (JPM) on Wednesday, April 13. Citigroup (C) and Wells Fargo (WFC) follow on April 14. Bank of America (BAC) reports on April 18. Bank earnings forecasts present a complicated picture for the quarter–which is only appropriate since that’s true of Standard & Poor’s 500 earnings forecasts as a whole.
April 9, 2022 | C, Daily JAM, Dividend Income, Jubak Picks, KBWB, Perfect Five-ETFs, Short Term, USB, WFC, You Might Have Missed |
Big banks will kick off another earnings season beginning with JPMorgan Chase (JPM) on Wednesday, April 13. Citigroup (C) and Wells Fargo (WFC) follow on April 14. Bank of America (BAC) reports on April 18. Bank earnings forecasts present a complicated picture for the quarter–which is only appropriate since that’s true of Standard & Poor’s 500 earnings forecasts as a whole.
April 7, 2022 | Daily JAM, Dividend Income, PFE |
Pfizer (PFE) will buy privately held respiratory syncytial virus drug maker ReViral for up to $525 million. Wall Street liked the deal–the stock was up 4.33% today, April 7–because it fits with Pfizer’s RNA virus program, which produced a successful vaccine for Covid-19.
February 24, 2022 | Daily JAM, Dividend Income, PXD, Videos |
This week my Quick Pick is Pioneer Natural Resources (PXD). I don’t like oil and gas companies in the long term (hello, global warming), but in the short term I like companies that are exercising restraint in spending on further exploration and development. With oil prices rising, Pioneer is set to generate high positive cash flows in the short term. That surplus will be distributed in the company’s two-tier dividend structure, giving investors a nice pot of money. I’ve added Pioneer to my Dividend Portfolio
January 6, 2022 | Daily JAM, Dividend Income, Mid Term |
For 2021 the total return–that’s price appreciation plus dividends–came to 18.59%. That was a slight improvement on the 15.71% total return for 2020. The dividend yield for the portfolio in 2021 came to 3.13%. That was a slight drop from the 3.43% yield in 2020.
December 9, 2021 | CVS, Daily JAM, Dividend Income |
CVS Health (CVS) will raise its annual dividend by 10% to $2.20 from $2.00 effective with the dividend payout scheduled for February 1. The company has also authorized a $10 billion share buyback program. The company also raised guidance for the full 2021 year to revenue of at least $290.3 billion and earnings of at least $8.00 a share.
December 9, 2021 | Daily JAM, Dividend Income, PFE |
Executives at Pfizer (PFE), which, remember, makes a Corona-19 vaccine–said yesterday, December 8, that the new Omicron Variant could increase the likelihood that people will need a fourth coronavirus vaccine dose earlier than expected.
August 17, 2021 | COPX, CPER, Daily JAM, Dividend Income, Millennial, SCCO, Top 50 Stocks |
On Monday the Chinese government reported that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near over year. Analysts had expected growth of 10.9%. Industrial production to a 6.4% year over year increase instead of the 7.9% in economist forecasts. Investment in fixed assets rose 10.3% year to year in the first seven months of 2021 against expectations for an 11.3% increase. No big secret about the effects. China’s economy is the driver for global demand for commodities such as copper. And for demand for some key manufactured goods such as chips.
June 23, 2021 | COPX, Daily JAM, Dividend Income, FCX, FQVLF, Jubak Picks, Millennial, SCCO, Top 50 Stocks |
Copper stocks have been moving steadily higher recently in anticipation of a turn in the eight week downward trend in the price of copper itself. Today, the price of copper is showing some of the upward movement that the rally in copper stocks anticipated.
June 21, 2021 | Daily JAM, Dividend Income, FCX, Jubak Picks, NVDA, SCCO, Short Term, Special Reports, Top 50 Stocks, Volatility |
After Wednesday’s news from the Federal Reserve, we all know that an interest rate increase is coming–even if we don’t know when. Could be 2022. Could be 2023. And even if we don’t know how many increases we’re looking for in that time period. Could be one. Could be two. The need to revise your portfolio to take that change in monetary policy is obvious. But figuring out how and when isn’t by any means straightforward. What gives? And how should be navigate a period that is almost certainly going to end with a reversal of the lower for longer interest rates that have dominated asset prices for decades? Today, for the last installment in my Special Report: “5 Picks and 5 Hedges for a Falling Market” I’m going to take one last run at how to hedge this market and how to position your portfolio for the developing trends. (I don’t have much hope that this will be the last time I’m visiting this topic, of course.)
May 26, 2021 | Daily JAM, Dividend Income, KMI |
Like many oil-related stocks Kinder Morgan (KMI), the operator of 70,000 miles of natural gas pipelines, has moved up strongly during the recent rally in the price of oil. The stock, a member of my Dividend Portfolio since February 24, 2016, has gained 38.13% in 2021 to date as of the May 26 close. The stock has gained 26.67% in the last three months and 10.11% in the last month. The dividend, which produces a yield of 5.89% isn’t in danger. And I’m not selling because I’m worried about that potential. But growth at Kinder Morgan depends on the company’s ability to buy or build new pipeline capacity and earn a high rate of return on that investment.
