Dividend Portfolio member Independent Bank beats on earnings today
Independent Bank (IBCP) reported first quarter earnings of 42 cents a share today. That's up from 28 cents a share in the first quarter of 2017. Special items added 4 cents a share to earnings. The reduction in the bank's tax rate thanks to the Tax Cuts and Jobs Act...
Kinder Morgan raises dividend by 60%
The earnings results for Kinder Morgan's (KMI) first quarter were in line; it's 60% increase in the annual dividend was more aggressive than expected. Adjusted EBITDA (earnings before interest payments, taxes, and depreciation) was $1.90 billion for the quarter,...
Bank of America struggles after earnings beat, sees some traction today
On Monday Bank of America (BAC) reported first quarter earnings of 62 cents a share, 3 cents a share above Wall Street estimates. Earnings were up 51% year over year on a 4% increase of revenue to $23.1 billion. That was ahead of the consensus at $23.04 billion. Wall...
Thursday’s action shows just how eager Wall Street is to move on to earnings season
Financial stocks led the Standard & Poor’s 500 higher on Thursday as the Financial Sector Sector SPDR ETF (XLF) gained 1.75% to beat the 0.83% rise in the S&P 500. Sure felt to me like the sector was anticipating the earnings reports from the big banks due on Friday morning before the market open. Earnings from the financial sector open first quarter earnings season.
Adding Independent Bank to my Dividend Portfolio
Just in case you haven't noticed, it's really, really hard at the moment to find a decent dividend yield in a stock that doesn't require taking on substantial risk. That's what happens when you've got elevated asset prices after a long rally, a still-low interest rate...
How to manage risk in this market when the traditional risk safe havens aren’t working
If you spend a significant part of your day staring at your computer to watch the markets, you know that, perplexingly, the traditional safe havens for mitigating portfolio risk haven’t been working very well. Now Goldman Sachs has put its computers and data crunchers to work and has reached the same conclusion as the anecdotal evidence suggested. Goldman has tagged this a period of “diversification desperation.”
How to use my portfolios
We’ve had a big influx of new readers here at JubakAM.com thanks to the magic of groundhogs and our Groundhog Day 20% off deal. And I’ve received a number of questions that boil down to How do I get started using the five portfolios on the site? Here’s my advice.
Helmerich & Payne completes its recovery from 2017 drilling slump; keeping the stock in my Dividend Portfolio
Helmerich & Payne (HP) reported December quarter (first quarter of the 2018 fiscal year) earnings of $4.57 a share. As they say on Wall Street--that $4.57 a share may not be comparable to the Wall Street analyst consensus estimate of a loss of 13 cents for the...
My eighth stock pick of Christmas is Bank of America–and eight maids a-milking
I'm adding shares of Bank of America (BAC) to my Dividend Portfolio today. The stock yields only 1.2% on trailing 12-month dividend payouts so why am I adding it to a portfolio dedicated to beating the yield on the 10-year Treasury bond? Because Bank of America has...
My seventh stock pick of Christmas is McDonald’s–and seven swans a-swimming
I've become convinced that the best way to think about McDonald's (MCD) and other established fast-food stocks is as cyclicals. Oh, not in the usual way where the fortunes of a company rise and fall with the cycles in the economy. No, I think the established fast food...
Dividend Portfolio total 2017 return 6.48%; 2 buys and 2 sells in 2018 rebalancing
2017 was a tough year for benchmarking my Dividend Portfolio. For the year the total price appreciation on the stocks in the portfolio was 3.4% The 21.64% return on the Standard & Poor’s 500 crushed that. The dividend yield on the portfolio for the year came to 3.11%. Which beat the 2.8% total return from holding 10-year Treasury bonds for 2017. The total return on my Dividend Portfolio for 2017 was 6.48%.
Jim’s Stock Alerts
Download Jim’s eBook for Free
