Dividend Income
May 9, 2022 | Daily JAM, Dividend Income, Jubak Picks, PEP, Top 50 Stocks |
Last week PepsiCo (PEP) declared a quarterly dividend of $1.15 a share, up about 7% from $1.075 a share. That brings the dividend yield up to 2.7%, almost exactly Coca-Cola’s (KO) 2.72% yield. On the basis of that yield and the pricing power that the company demonstrated in first quarter earnings I’m adding the stock to my Dividend Portfolio. I think it’s a good pick for a period of high inflation and uncertain economic growth.
May 6, 2022 | Daily JAM, Dividend Income, Friday Trick or Trend, HBI, KO |
For a day, Friday, May 6, at least the pattern of divergence between consumer staples stocks and consumer discretionary stocks that has ruled much of 2022 reasserted itself. Now the question is How long will the pattern hold?
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.
