Tag: Dividend

Buy top dividend stocks like CVS and Home Depot analysts say

Craig Hubbs loads wood into his truck at a The Home Depot store in Kill Devil Hills in the Outer Banks of North Carolina on September 11, 2018.

Alex Edelman | AFP | Getty Images

Dividend stocks are a critical part of an investor’s portfolio. They are also perfect for market volatility — because investors can reap returns even with choppy stock performance. However, knowing which dividend stocks to choose means taking note of both the company’s dividend yield and payout, as well as checking whether the stock itself represents a compelling investing opportunity. This is important because a healthy company is less likely to slash, or even suspend, its dividend payments.

One way to find quality dividend stocks is to see which stocks the analysts with the strongest stock picking skills are betting on.

TipRanks analyst forecasting service attempts to pinpoint Wall Street’s best-performing analysts. These are the analysts

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STX) For Its Upcoming Dividend

NASDAQ:STX) is about to trade ex-dividend in the next four days. If you purchase the stock on or after the 22nd of September, you won’t be eligible to receive this dividend, when it is paid on the 7th of October.” data-reactid=”28″Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Seagate Technology plc (NASDAQ:STX) is about to trade ex-dividend in the next four days. If you purchase the stock on or after the 22nd of September, you won’t be eligible to receive this dividend, when it is paid on the 7th of October.

Seagate Technology’s upcoming dividend is US$0.65 a share, following on from the last 12 months, when the company distributed a total of US$2.60 per share to shareholders. Calculating the last year’s worth of payments shows that Seagate Technology has a trailing

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BlackRock Science And Technology Trust: A Growth And Dividend Magnet (NYSE:BST)

The following immortal Neil deGrasse Tyson quote just about sums up my view on the high-quality BlackRock Science and Technology Trust (BST):

Innovations in science and technology are the engines of the 21st-century economy; if you care about the wealth and health of your nation tomorrow, then you’d better rethink how you allocate taxes to fund science. The federal budget needs to recognize this.”

Even before the impact of the pandemic was known, science and technology stocks were outperforming the broader market. Science and technology will also lead us in the post-COVID-19 age. I’m sure many will agree.


Source: Twitter (@LeadLagReport)

The sector was doing very well before the pandemic and is expected to do better in its aftermath. So, yeah, I’m very bullish on BST for the long term, both as a dividend play and growth play. BST invests in current leaders and emerging winners in the field

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Philip Morris Raises Bottom of Earnings Estimate, Boosts Dividend

Shares of Philip Morris International  (PM) – Get Report eased Thursday, even after the tobacco giant raised the bottom of its estimated earnings range for full-year 2020 and increased its quarterly dividend.

The company revised its GAAP earnings per share forecast to a range of $4.92 to $4.99, at prevailing exchange rates, compared to its prior forecast range of $4.84 to $4.99, which was provided on July 21.

“This primarily reflects the expectation of a stronger-than-anticipated performance in the third quarter,” the company said in a statement.

“Excluding an unfavorable currency impact, at prevailing exchange rates, of approximately $0.31 per share, asset impairment and exit costs of $0.04 per share, and a fair value adjustment for equity security investments of $0.04 per share, this forecast represents a projected increase of approximately 3.5% to 5.0% versus pro forma adjusted diluted EPS of $5.13 in 2019,” the company said.


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