Tag: aem

Dividend Payout Changes for Dec.16

Filed in dividend, Gold Investing, o by on December 16, 2010 0 Comments

The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts ABM Industries ( ABM ) has raised its annual dividend payout from $.54 to $0.56. The new dividend yield, based on today’s closing stock price of $25.62, is 2.19%. ABM is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Agnico-Eagle Mines ( AEM ) has raised its annual dividend payout from $0.18 to $0.64. The new dividend yield, based on today’s closing stock price of $75.61, is 0.85%. AEM is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Autoliv, Inc. ( ALV ) has raised its annual dividend payout from $1.40 to $1.60. The new dividend yield, based on today’s closing stock price of $80.03, is 2.00%. ALV is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Franklin Resources ( BEN ) has raised its annual dividend payout from $0.88 to $1.00. The new dividend yield, based on today’s closing stock price of $116.31, is 0.86%. BEN is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. The Ensign Group ( ENSG ) has raised its annual dividend payout from $0.20 to $0.22. The new dividend yield, based on today’s closing stock price of $23.04, is 0.95%. ENSG is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars. MFA Mortgage Investments ( MFA ) has raised its annual dividend payout from $0.90 to $0.94. The new dividend yield, based on today’s closing stock price of $8.18, is 11.49%. MFA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars. Moody’s Corp ( MCO ) has raised its annual dividend payout from $0.42 to $0.46. The new dividend yield, based on today’s closing stock price of $26.8, is 1.72%. MCO is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars. Pentair, Inc. ( PNR ) has raised its annual dividend payout from $0.76 to $0.80. The new dividend yield, based on today’s closing stock price of $36.38, is 2.20%. PNR is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Urstadt Biddle Properties ( UBA ) has raised its annual dividend payout from $0.97 to $…

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Market Wrap-Up for Dec.16 (FDX, ABX, DFS, V, MA, WYNN, SBUX, more)

There was an interesting story out today talking about how Bill Gross’s $250 billion PIMCO Total Return Fund may be investing 10% of its assets in equity securities in 2011 — and has seemingly turned a lackluster market right back up. Gross, the so-called “bond king,” has grown much less bullish on bonds, but has been on record in some of his recent newsletters that he likes income plays such as dividend stocks for long-term investors. We sent out our Thursday “Dividend Top 100 Names on Our Watchlist” post this morning. Each Thursday we look at our various proprietary watchlists and sort through the names that are trading at or near all-time highs and put them in a list to share with all our Premium subscribers. Outside of looking for names that we feel are becoming a real bargain, this list is what we are using to find our next recommendations. Of course, the stocks on this list that have low or minimal dividend yields would only be suited for “aggressive” investors who are seeking growth over yield. I hope everyone checks it out! There appeared to be a bit of rotation out of gold today going on with mining plays Agnico-Eagle Mines ( AEM ) and Barrick Gold ( ABX ) both getting hit hard, along with gold prices. On the earnings front, Discover Financial Services ( DFS

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Market Wrap-Up for Nov.26 (FCX, MA, SPG, AEM, NEM, more)

Filed in dividend, earnings, euro, freeport mcmoran, Gold, Gold Investment, lead, noble, o, updates by on November 26, 2010 0 Comments

The markets got off to a shaky start this morning as overseas markets were in worry mode about the tensions in the Korean peninsula, as well as the lingering economic concerns surrounding Ireland and possibly other European countries. The trading in the day after Thanksgiving is almost always on the light side as the equity markets closed early (1:00pm Est.). This was always a day I did very little on, but was a great day going through my accounts to make sure my positions were what I expected, and that I had not inadvertently made any transaction errors over the course of time. It happens to the best of investors, so be sure to double-check all your transactions every so often. Some of the names that pushed us lower today were Freeport McMoran ( FCX ), Mastercard ( MA ), PetroChina ( PTR ), and Simon Property Group ( SPG ). Gold-mining plays also lagged, with Agnico-Eagle Mines ( AEM ), and Newmont Mining ( NEM ) both lower. Del Monte Foods ( DLM ) bucked the early drop on news the company is going to be acquired. Private equity firms are continuing to make their moves. They will look geniuses if the equity markets hold up well, as the usual plan is to unlock hidden values and streamline operations in order to get the company ready for either a sale or IPO in due time. Looking ahead to next week, earnings will be extremely light, with notables such as Barnes & Noble ( BKS ) and Kroger ( KR ) coming out with earnings results. Be sure to catch up with our latest watchlist updates this weekend on Dividend.com Premium, and as always, you can view our current recommendations on our industry-leading Best Dividend Stocks List. Have a great weekend everybody, and thanks for reading! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Oct.6 (ABX, AEM, MA, FCX, MTB, more)

Market Wrap-Up for Oct.6 (ABX, AEM, MA, FCX, MTB, more)

The focus on the markets lately have been the high-beta names, but as you can see by today’s downturn, traders are loving them one day and shooting them the next. Ask any traders that are trying to make a living in these active names and they will tell you it has been a coin toss trying to figure out the day’s trend. Elsewhere, gold-related shares have also been at the top of traders’ lists, where the trend has been spiking higher the last couple of weeks. I continue to mention how technically gold’s uptrend looks solid, but watch out for the “melt-up” action we are seeing. You can easily see a reversal catch longs off-guard, so be careful with names like Barrick Gold ( ABX ) and Agnico-Mines ( AEM ) . One of the stats that traders may be paying attention is that 88% of stocks on the NYSE are trading over their 50-day moving averages. When we see these percentage this high, the market is screaming that it is short-term overbought. Leading the way lower today in the financial space were companies like M&T Bank ( MTB ) and Mastercard ( MA ) . Shares of Freeport McMoran ( FCX ) hit new 52-week highs as copper prices march back up to the $4 a pound level. Another interesting stat out today was ADP’s national employment report, which showed U.S. private employer payrolls fell by 39,000 jobs in September. A Reuters consensus forecast was for an increase of 24,000 jobs. Clearly, the job market remains gloomy in the short-term. One of the messages I am giving students in some of my recent speaking appearances is to start putting seeds out early for the career they’re looking to get into. It pays to talk to people in the field you are leaning toward. You may get some much-needed insight as well as potential opportunities to land a key internship or part-time work opportunity. I hope everyone is enjoying the new video segments our editor Tom Reese and I are producing on the site. Feel free to reach out to us with more ideas on what you would like to see discussed. I am also proud to announce that I have signed a book deal with FT Press/Pearson, in which we will be publishing a book about dividend stock investing, personal finance tips and more. I will be providing everyone with more details as things begin to materialize. As always, be sure to check

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Market Wrap-Up for Oct.5 (FCX, CF, CLF, GLD, NEM, COF, AXP, more)

Market Wrap-Up for Oct.5 (FCX, CF, CLF, GLD, NEM, COF, AXP, more)

News of Japan cutting its interest rates to zero helped spike gold prices today, also pushing many other commodity plays up along with it. We saw stock price surges for high-beta stocks like Freeport McMoran ( FCX ) , CF Industries ( CF ) , Cliffs Natural Resources ( CLF ) , and more. Gold ETF ( GLD ) hit new highs as did gold-mining plays Agnico-Eagle Mines ( AEM ) and Newmont Mining ( NEM ) . This continues to remain a trade in our eyes, so be sure to handle it as such if you are dabbling in the area. Financial names such as Franklin Resources ( BEN ) and Capital One Financial ( COF ) also put in solid gains today. Shares of American Express ( AXP ) finished lower following two analyst downgrades this morning. The company continues to feel the pressure of the U.S. government lawsuit. I was running late today as I was speaking to students at several business classes in Stockton College. Explaining some of what actually happens on Wall Street to what is taught in the textbooks can be real interesting. The students seem to enjoy the real-life experiences/lessons I have had in my trading days as well as since the launch of Dividend.com. A key theme I focused on was not ignoring whatever the current market environment is and how that can relate to business and investing decisions. Some things just don’t get taught in textbooks and hopefully the message I was sending opens up some new mindsets into how one can approach their financial and business aspirations. Hope everyone has a great day. Thanks for reading! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Credit Suisse (NYSE:CS) Raises Agnico (NYSE:AEM) Price Target

Agnico-Eagle Mines (NYSE:AEM) had its price target raised by Credit Suisse (NYSE:CS), increasing it to $79. Agnico was up to $64.74, gaining gaining $0.03, or 0.05 percent, at 3:21 PM EDT. Credit Suisse had a price target of $75 a share on the gold miner before their increase. In a note to clients, Credit Suisse said, “On Sept. 8, 2010, AEM provided an update on its 2010 exploration program.

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Agnico-Eagle (NYSE:AEM) Earnings Reach $100 Million in Second Quarter

Agnico-Eagle Mines Ltd. (NYSE:AEM) (TSE:AEM) released its second quarter numbers, and they have a lot to celebrate, as they generated $100.4 million in earnings on revenue of $394.9 million. Last year in the same quarter the company only had a profit of $1.2 million, or 1 penny a share. Revenue in the second quarter of 2009 reached $133.1 million. Gross mine profits and increased gold

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Market Wrap-Up for July 27 (DD, CMI, X, ABC, NEM, more)

Filed in dividend, earnings, Gold, Gold Investing, Gold Investment, shares, ubs by on July 27, 2010 0 Comments
Market Wrap-Up for July 27 (DD, CMI, X, ABC, NEM, more)

The markets were set for gains early today, but the Consumer Confidence Survey number came out and took the some air out of the stock market’s sails. The Conference Board, a private research group, said Tuesday that its Consumer Confidence Index slipped to 50.4 in July, down from the revised 54.3 in June. The decline follows last month’s nearly 10-point drop, from 62.7 in May, which marked the biggest since February, when the measure also fell 10 points. A lot of the concerns are wrapped around disappointing job figures and a weak housing market. Government stimulus plans are starting to get pulled in several areas, but we did see the approval to extend unemployment benefits last week. We know Washington loves to push consumers to spend, but hopefully there is a bit of saving going on as well. The new monthly dividend income generator on our site is a tool we hope inspires investors to start putting together a plan to build for future endeavors, retirement, and also to take the emphasis off the hope and prayers of Social Security being one’s savior. Looking at today’s market, DuPont ( DD ) and Cummins Inc ( CMI ) were a couple of earnings winners. On the flip-side, U.S. Steel ( X ) and AmerisourceBergen ( ABC ) both were lower following disappointing results. Gold-related shares pulled back as investors worry the recent consolidation in the sector is lasting longer than they are comfortable with. It’s always tricky for investors that have been climbing aboard a trend. With little dividend support, one has to be disciplined not to overstay their welcome if certain sectors run up for an extended period of time. I’m not sure the gold run is over, but we certainly don’t see dividend stock opportunities there for yield-seeking investors. Newmont Mining ( NEM ) and Agnico-Eagle Mines ( AEM ) were two stocks helping push the sector lower today. We’ll be sure to keep Dividend.com Premium subscribers posted as to any updates we are making to our “recommended” list. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for July 19 (HAL, SLB, NEM, BRCM, TXN, more)

Filed in dividend, earnings, economy, Gold, Gold Investment, shares by on July 19, 2010 0 Comments
Market Wrap-Up for July 19 (HAL, SLB, NEM, BRCM, TXN, more)

Political gridlock is always considered the best investment environment for investors, and we are heading toward another key election year with balances of power in play that could shape the next several years of legislation. The resulting governmental policies could either help (doing nothing is almost always the best remendy) or hurt (seems like everything Washington wants to do lately could have lasting negative effects) the economy at large. With that in mind, investors should look at their own investing timelines and particular needs for the years ahead. Your own personal situation should be the biggest factor in determining where you place your money as we move ahead. Assess the amount of risk there is within yours portfolio and whether your own timeframe for retirement can be delayed or put in jeopardy. Taking excess risk later in life is an unfortunate reality that many people will face, having not taken the proper steps in getting a long-term investing gameplan started. At Dividend.com, we hope our readers are taking advantage of all the timely info we publish on a daily basis. Our biggest piece of advice is always to stay disciplined, and make the proper adjustments when necessary. Additionally, investors always need to stay aware of which stocks are worthy of puting new money into, once you get out of an underperforming position. One more thing on election years and presidential cycles: they are just one of many data points out there for investors to chew on, but again as is the case with most Wall Street-based investment vantage points, the focus is usually aimed at short-term investors, or traders in general. Be sure to look through all that, and stay focused on your personal goals for the YEARS ahead, not just the next several months. Looking at today’s action, Halliburton ( HAL ) moved higher following the company’s earnings results. The news also helped lift shares of Schlumberger ( SLB ) . Gold-related shares pushed lower as the yellow metal continues its recent pullback. Names pulling back included Newmont Mining ( NEM ) , Agnico-Eagle Mines ( AEM ) and AngloGold ( AU ) . Semiconductor shares like Broadcom ( BRCM ) and Texas Instruments ( TXN ) were some of the companies helping pace the market’s gains. Volume on today’s gains were not impressive with just 4.08 Billion shares traded on the NYSE and just 1.69 Billion shares traded on the NASDAQ. Both totals were way below Friday’s sell-off totals. We had removed a decent amount of dividend-paying stocks from

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Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

Filed in alcoa, Barrick Gold, dividend, Gold, Gold Investing, shares, ubs, upgrade by on July 9, 2010 0 Comments
Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

We were happy to see the markets get some of its mojo back this week, but we will still be looking for better volume. . We pointed out an example in yesterday’s late day wrap-up about how the volume during sell-offs continues to be quite a bit larger than the volume on days we see the averages move substantially higher. We refuse to ignore the distribution factor and will not be swayed by market experts that pooh-pooh this trend. Today’s NYSE totaled 3.5 Billion shares, way off the 5 Billion number we have been seeing and way off the 6 Billion total during a couple of last week’s distribution days. We continue to monitor the names on our “recommended” list as well as many other names that are in our database. There are some potential names that are getting more attractive from a dividend yield standpoint that we are considering adding, but the list is very short. We will let subscribers know if the changes are made or if we need to trim more names from our narrowing list of favorites. As for today’s action, we saw Wall Street analyst upgrades help push up stocks like Visa ( V ) and Norfolk Southern ( NSC ) . Ace LTD. ( ACE ) ran up on news it will be added to the S&P 500. Commodity plays bounced up with gold stocks making a bit of a comeback after a recent pullback. Shares of Newmont Mining ( NEM ) , Barrick Gold ( ABX ) , and Agnico-Eagle Mines ( AEM ) were all higher. Looking ahead to next week, we will start to get some of the bigger names reporting results, such as General Electic ( GE ) , Alcoa ( AA ) , Yum Brands ( YUM ) just to name a few. Be sure to check out Dividend.com Premium this weekend for the latest watchlist updates as well. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Agnico-Eagle (AEM): Pape’s Pick among Miners

Filed in Bank Gold, commodities, Gold, Gold Miners, gold-stocks by on June 9, 2010 0 Comments

Filed under: International Markets , Newsletters , Commodities , Stocks to Buy “While I don’t see a lot more upside for gold in the coming months, I continue to recommend select mining stocks; for example, Agnico-Eagle Mines ( AEM ) is a stable company with significant production growth potential. Even if the price of bullion remains stable, AEM’s profits should increase,” says Canadian investing specialist Gordon Pape . The editor of Internet Wealth Builder explains, “AEM is a Canadian company that has operating mines in Quebec and Nunavut as well as in northern Finland and Mexico. Note the geography – all are stable countries with no known political threats to mining ventures. Continue reading Agnico-Eagle (AEM): Pape’s Pick among Miners Agnico-Eagle (AEM): Pape’s Pick among Miners originally appeared on BloggingStocks on Wed, 09 Jun 2010 14:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Agnico-Eagle (NYSE:AEM) Buying All of Comaplex (TSE:CMF)

Agnico-Eagle (NYSE:AEM) (TSE:AEM) announced it has reached an agreement to buy the rest of the shares of Comaplex Minerals (TSE:CMF) it doesn’t now own for close to $650 million. The agreement, which was announced in general last month, will have each shareholder of Comaplex other than Agnico-Eagle receive 0.1576 of an Agnico-Eagle share per Comaplex Minerals share. In addition to that, each

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