From the monthly archives:
I just wanted to point out a few more things about the financial stocks right now (data through the middle of June) …
First, there were 27 INCREASES year to date. Clearly, some companies are still finding money they can kick out to shareholders.
Second, 19 issues were yielding more than 5% vs. NONE at the [...]
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There has been a lot of concern about the security of financial stocks’ dividends lately. And I can see why …
According to the latest data from S&P, 16 companies have cut their dividends so far this year vs. 12 for the FIVE-YEAR period from 2003 through 2007. Even more telling is that fact [...]
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Two weeks ago, I wrote an article in Money and Markets talking about Bud’s surge on takeover rumors. And I pointed out that InBev’s rumored buyout price of $65 a share meant there was still plenty of upside ahead.
Since then, BUD stock has climbed to $61 a share, good for another 5% profit. [...]
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Recently, I’ve been highlighting a number of consumer staples deals, including the Wrigley (WWY) purchase and takeover rumors surrounding Anheuser-Busch (BUD).
Today, we got yet another M&A announcement … this time from Smucker (SJM). The company will be buying the Folgers coffee business from Procter & Gamble (PG) in a transaction worth about $3 [...]
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