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Dividend Announcement Thread!
(02-16-2018, 02:46 AM)Binary Wrote:
(02-15-2018, 06:34 PM)Vincenzo Wrote:
(02-15-2018, 05:17 PM)EricL Wrote: AbbVie (NYSE:ABBV) declares $0.96/share quarterly dividend, 35.2% increase from prior dividend of $0.71.

Forward yield 3.36%

Payable May 15; for shareholders of record April 13; ex-div April 12.

Holy Hannah!  Nice.

It sure is! howvever, is this because of the tax regultions? Because if it's a one-time pile of cash raising a regular dividend I'm a little worried if this increased dividend will be sustainable. A special dividend may have been better.

It's a step-up in the dividend due to the tax cut. A lowered tax rate going forward means higher earnings going forward. This brings the payout ratio back up to ~50%, which I expect them to maintain as EPS grows in the years ahead.
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(02-15-2018, 10:14 AM)DividendGarden Wrote:
(02-14-2018, 10:28 PM)crimsonghost747 Wrote: This has been coming for a long time. AMAT has been doing exceptionally well recently and with low debt levels, the money has to go somewhere.

Just wondering what you mean by low debt levels.  Is that in relation to peers, the industry, etc?  Finviz shows their debt/equity at 0.57 and it's highlighted in red.  I've been wanting to own AMAT for years but it's that debt level that's kept me out of it.

From their most recent report:
Cash: 6,799 million. Long term debt: 5,305 million.

Total current assets: 13,029  million. Total current liabilities 4,399 million and total liabilities 11,157 million.

Those, with a pretty solid cash generation (cash flow from operations of $1.4 billion last quarter) certainly seem more than manageable, I don't see any problems with the debt going forward. And neither does the management since they just doubled the dividend and announced a massive buyback authorization.

I might have missed something? Why are you afraid of the debt levels?
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Dividend Raises & Cuts - Week of Feb 12, 2018
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Walmart (NYSE: WMT) declares $2.08/share annual dividend, (payable in 4 installments) 2% increase from prior dividend of $2.04.

https://seekingalpha.com/news/3332193-wa...8-dividend
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Expected more from WMT especially with the tax cut that they're receiving.
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With the midpoint of the new lowered guidance, this new dividend is a nearly 43% of FY earnings.

I wouldn't expect any more than 2% increases from WMT until the payout ratio gets back to the ~35% level.

I wrote about this back in early 2015, and it's played out just as I expected.
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Yup WMT online sales way below from last quarter. They blamed it on Jet.com lol. AMZN taking market share. Look out!
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Dividend Raises & Cuts - Week of Feb 19, 2018
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2 div raises from Mighty MO in a year

Altria (NYSE:MO) declares $0.70/share quarterly dividend, 6.1% increase from prior dividend of $0.66.

Forward yield 4.45%

Payable April 10; for shareholders of record March 15; ex-div March 14.

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(03-01-2018, 01:00 PM)rapidacid Wrote: 2 div raises from Mighty MO in a year

Altria (NYSE:MO) declares $0.70/share quarterly dividend, 6.1% increase from prior dividend of $0.66.

Forward yield 4.45%

Payable April 10; for shareholders of record March 15; ex-div March 14.

Holy smokes!

Even before this news I was considering a new thread on how well MO is doing -- STILL. EPS growth is looking very healthy (and NOT primarily due to buybacks), and payout ratio has dipped below 70 percent. Given that they explicitly target a payout ratio of 80 percent, I was going to suggest that big dividend raises were afoot, but I assumed we'd just get a really nice raise at the annual mark (Q4 2018). To get this raise now is really something.

And if their 2018 guidance is accurate, payout ratio still is in the low 70s, so still plenty of room for additional increases.
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