Looking for an above average yield? Australia’s Westpac Banking looks very attractive after today’s financial sector selling but I’d wait on a likely dividend cut this fall
Today's weakness in the financial sector on the news that online brokerage Charles Schwab (SCHW) will be cutting commissions on equity and ETF trades to 0% sent the financial sector down to a loss of 2.07% on the Financial Select Sector SPDR ETF (XLF). That drop--plus...
Selling Pfizer out of my Dividend Portfolio tomorrow on Dem’s proposed drug-pricing bill
Why introduce legislation that will dead on arrival in the Republican controlled Senate? Because House Speaker Nancy Pelosi and other Democrats know that controlling drug prices is extremely popular with voters. And a proposal that is a serious effort to lower drug...
Making IBM my #10 (and last) stock in my Special Report 10 Best Picks for the last half of 2019 and adding it to Dividend Portfolio
IBM? I can hear you saying. Yes, IBM (IBM) and I will even add the stock to my Dividend Portfolio tomorrow, July 19. IBM reported second quarter earnings after the market closed yesterday, Wednesday July 18. And in many ways it looked like typical disappointing IBM...
More talk about doing “something” about drug prices sends drug stocks down
It's good to know that in this sometimes confusing and volatile market some things remain constant. A high-profile figure says something about the need to lower drug prices and drug stocks tumble. Whether the "something" is likely to result in action or not. Today it...
Adding DuPont, #3 in my Special Report 5 Value Stocks for a Market Near All-time Highs, to my 50 Stocks Portfolio
I'd be willing to be dollars to donuts that U.S. stocks won't repeat their first half performance--up 17.4% on the Standard & Poor's 500--in the second half of the year. It's hard for me to find a catalyst that isn't already priced into the market--from interest...
Bonus Dividend Pick for my Volatility Portfolio–DOW, a cash cow with a 5.5% yield
Today, June 28, I added Corteva (CTVA), one of the three stocks to emerge from the merger, reorganization, and then breakup of Dow and DuPont, to my Volatility Portfolio. Â . On Monday, Â I'll be adding another from that breakup to my Volatility Portfolio. This time...
Adding Grupo Aeroportuario del PacÃfico to my Dividend Portfolio on Monday
Now that President Donald Trump's tariff threat isn't hanging over the Mexican economy (for the moment, anyway), I'm adding Grupo Aeroportuario del PacÃfico (PAC) to my Dividend Portfolio on Monday. The shares of Grupo Aeroportuario del Pacifico, which operates five...
Special Report:Â The Crisis in Global Capitalism and 5 Ways to Position Your Portfolio–Part 1 The Crisis in Global Demand
Finally, Part 1 The Crisis in Global Demand, from my Special Report: The Crisis in Global Capitalism and 5 Ways to Position Your Portfolio. On May 29, U.S. stocks took another step lower with the Standard & Poor's 500 closing down 0.69% at 2783. Â News reports on...Dividend pick Westpac Banking pops today on Australian election surprise
Westpac Banking (WBK) climbed 9.22% today, May 20, on a surprise election victory for Australia's ruling Liberal-National coalition government. Going into Saturday's elections, polls showed that Prime Minister Scott Morrison's party would suffer a huge defeat at the...
Kinder Morgan, a Dividend Portfolio pick, raises quarterly payout by 25%
On April 17, Kinder Morgan (KMI) reported first quarter 2019 results that were a penny below Wall Street estimates (at 24 cents a share) and that missed revenue projections at $3.43 billion versus the $3.63 billion consensus. (That amounted to a 0.3% year over year...
Selling Independent Bank (IBCP) out of my Dividend Portfolio
When I posted earlier today that I would keep Bank of America (BAC) in my Dividend Portfolio I said the decision rested largely on the ways that Bank of America wasn't like the "average" bank. Chief among these "ways" was the bank's ability to use its fee income--from...Jim’s Stock Alerts
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