Tag: dividend-yield

CF Industries Q4 Profit Beats View on Rising Fertilizer Demand (CF)

Filed in CF Industries, dividend, earnings, Gold Investing, o, revenue, shares by on February 18, 2011 0 Comments

Fertilizer maker CF Industries Holdings, Inc. ( CF ) late Thursday posted better-than-expected fourth quarter earnings results, aided by strong demand for its products and the addition of sales from its acquisition of rival Terra Nitrogen. The Deerfield, IL-based company reported fourth quarter net income of $200.3 million, or $2.78 per share, compared with $51.4 million, or $1.04 per share, in the year-ago period. Excluding one-time items, adjusted profit was $2.65 per share. Revenue more than doubled from last year to $1.24 billion. On average, Wall Street analysts expected a smaller profit of $2.56 per share, on lower revenue of $1.19 billion. CF Industries shares fell 81 cents, or -0.6%, in premarket trading Friday. The Bottom Line CF Industries ( CF ) has been an “aggressive” recommendation for us, but is not a name we think yield-focused investors should be considering. The company has a .27% dividend yield, based on last night’s closing stock price of $147.81. CF Industries Holdings, Inc. ( CF ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Nordstrom Q4 Profit Jumps 35%; Will Acquire HauteLook for $180 Million (JWN)

Filed in dividend, earnings, Gold, o, revenue, shares by on February 18, 2011 0 Comments

Fashion retailer Nordstrom, Inc. ( JWN ) late Thursday said its fourth quarter profit surged 35% from last year, beating analyst estimates, as the company announced the acquisition of discount luxury website HauteLook. The Seattle-based company reported fourth quarter net income of $232 million, or $1.04 per share, compared with $172 million, or 77 cents per share, in the year-ago period. Revenue rose 10% from last year to $2.92 billion. On average, Wall Street analysts expected a smaller profit of 99 cents per share, on lower revenue of $2.83 billion. Looking ahead, the company forecast full-year 2011 earnings to range from $2.95 to $3.10 per share. Analysts currently expect $3.04 per share for the year. In a separate announcement, Nordstrom said it would buy discount luxury goods website HauteLook for $180 million in stock. Nordstrom shares fell $1.27, or -2.7%, in premarket trading Friday. The Bottom Line Shares of Nordstom ( JWN ) have a 1.72% dividend yield, based on last night’s closing stock price of $46.48. The stock has technical support in the $40-$44 price area. If the shares can firm up, we see overhead resistance around the $50 price level. Nordstrom, Inc. ( JWN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. 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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Marathon Oil’s Target Boosted at Goldman Sachs (MRO)

Integrated oil and natural gas producer Marathon Oil Corporation ( MRO ) on Monday saw its price target upped by analysts at Goldman Sachs. The firm said it raised its target on MRO from $51 to $58, which implies a 27% upside to the stock’s Friday closing price of $46.48. Goldman also reiterated its “Buy” rating on the stock, saying that “Based on our updated E&P valuation analysis, we continue to see Marathon as an inexpensive means to gain exposure to our constructive outlook for Mid-Continent refining margins.” Marathon Oil shares were mostly flat in premarket trading Monday. The Bottom Line We have been recommending shares of Marathon Oil ( MRO ) since Jan.26, 2011, when the stock was trading at $43.55. The company has a 2.15% dividend yield, based on Friday’s closing stock price of $ 46.48. Marathon Oil Corporation ( MRO ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. 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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Expedia Q4 Profit Plunges 30% on Charges; Adjusted Net Misses View (EXPE)

Filed in dividend, Gold Investing, o, revenue, shares by on February 11, 2011 0 Comments

Online travel agency Expedia, Inc. ( EXPE ) late Thursday said its fourth quarter profit fell 30% from last year on one-time items, sending its shares plunging in aftermarket trading. The Bellevue, WA-based company reported fourth quarter net income of $71.3 million, or 25 cents per share, compared with $102.2 million, or 35 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 32 cents per share. On a more positive note, revenue rose 16% from last year to $808.4 million. On average, Wall Street analysts expected a higher adjusted profit of 32 cents per share, albeit on lower revenue of $801.5 million in revenue. Expedia shares fell $3.37, or -13%, in premarket trading Friday. The Bottom Line Shares of Expedia ( EXPE ) have a 1.09% dividend yield, based on last night’s closing stock price of $25.69. The stock has technical support in the $20 price area. If the shares can firm up, we see overhead resistance around the $26-$28 price levels. Expedia, Inc. ( EXPE ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Northrop Grumman’s Q4 Earnings Fall; Forecast Lowered (NOC)

Filed in dividend, earnings, Gold Investing, o, revenue, shares by on February 9, 2011 0 Comments

Defense contractor Northrop Grumman Corporation ( NOC ) on Wednesday posted better-than-expected fourth quarter profits, but lowered its full-year forecast below analysts’ view. The Los Angeles-based company reported fourth quarter net income of $376 million, or $1.27 per share, compared with $413 million, or $1.31 per share, in the year-ago period. Revenue fell more than 3% from last year to $8.61 billion. On average, Wall Street analysts expected a much smaller profit of $1.01 per share, albeit on higher revenue of $8.80 billion. Looking ahead, the company forecast full-year 2011 earnings to range from $6.40 to $6.60 per share, excluding its shipbuilding business, which will be sold or spun off this year. Analysts currently expect a higher full-year profit of $6.98 per share. Northrop Grumman shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Northrop Grumman ( NOC ) have a 2.64% dividend yield, based on last night’s closing stock price of $71.09. The stock has technical support in the $66 price area. If the shares can firm up, we see overhead resistance around the $75 price level. Northrop Grumman Corporation ( NOC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Wyndham Worldwide Adjusted Q4 Profit Beats View; Dividend Boosted (WYN)

Filed in dividend, Gold Bullion prices, o, revenue, shares by on February 9, 2011 0 Comments

Hotel operator Wyndham Worldwide Corporation ( WYN ) on Wednesday said its fourth quarter profit rose almost 7% from last year, beating analyst estimates, and announced a 25% boost to its quarterly dividend payout. The Parsippany, NJ-based company reported fourth quarter net income of $78 million, or 43 cents per share, compared with $73 million, or 40 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 46 cents per share. Revenue rose 2.6% from last year to $937 million. On average, Wall Street analysts expected a smaller adjusted profit of 44 cents per share, albeit on higher revenue of $943.3 million. In another announcement, the company said its board of directors has authorized a 25% raise in its quarterly dividend payout, from 12 cents to 15 cents per share. Wyndham shares rose 15 cents, or +0.5%, in premarket trading Wednesday. The Bottom Line Shares of Wyndham Worldwide ( WYN ) have a 1.56% dividend yield, based on last night’s closing stock price of $30.85. The stock has technical support in the $26-$28 price area. If the shares can firm up, we see overhead resistance around the $33-$35 price levels. Wyndham Worldwide Corporation ( WYN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Disney Shares Pop on Solid Q1 Earnings (DIS)

Filed in dividend, Gold, Gold Bullion prices, o, revenue, shares, Walt Disney by on February 9, 2011 0 Comments

Entertainment giant The Walt Disney Company ( DIS ) on Wednesday said its fiscal first quarter profit jumped 54% from last year, beating analyst estimates and sending its shares higher in premarket trading. The Burbank, CA-based company reported fiscal first quarter net income of $1.3 billion, or 68 cents per share, compared with $844 million, or 44 cents per share, in the year-ago period. Revenue rose 10% from last year to $10.7 billion. On average, Wall Street analysts expected a much smaller profit of 56 cents per share, on lower revenue of $10.5 billion. Disney shares rose $1.47, or +3.6%, in premarket trading Wednesday. The Bottom Line Shares of Walt Disney ( DIS ) have a .97% dividend yield, based on last night’s closing stock price of $41.18. The stock has technical support in the $38 price area. The shares are trading at all-time highs and have a little overhead resistance. The Walt Disney Company ( DIS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Clorox Q2 Earnings Plunge 81% on Charges; Adjusted Net Beats View (CLX)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on February 4, 2011 0 Comments

Cleaning products maker The Clorox Company ( CLX ) on Friday said its fourth quarter profit plummeted 81% from last year due to hefty one-time charges, but its adjusted results beat analyst expectations. The Oakland-based company reported fourth quarter net income of $21 million, or 15 cents per share, compared with $110 million, or 77 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 68 cents per share. Revenue fell 3% from last year to $1.18 billion. On average, Wall Street analysts expected a much lower adjusted profit of 46 cents per share, albeit on slightly higher revenue of $1.19 billion. Looking ahead, the company said it expects full-year 2011 adjusted earnings to range from $3.85 to $4 per share, which could miss analysts’ estimates of $3.99 per share for the year. Clorox shares fell 98 cents, or -1.5%, in premarket trading Friday. The Bottom Line We have been recommending shares of Clorox ( CLX ) since July 30, 2009, when the stock was trading at $60.26. The company has a 3.45% dividend yield, based on last night’s closing stock price of $63.75. The Clorox Company ( CLX ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. 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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Kellogg Upgraded to “Outperform” at Wells Fargo (K)

Cereal maker Kellogg Company ( K ) on Friday saw its rating and price target boosted on Friday by analysts at Wells Fargo. The firm said it upgraded K from “Market Perform” to “Outperform,” while boosting its valuation range from $51-$53 to $58-$60. That new target implies up to a 14% upside to the stock’s Thursday closing price of $52.52. A Wells analyst commented, “We expect Kellogg’s shares to appreciate as earnings surprise to the upside driven by a faster-than-expected recovery in its core N.A. retail cereal business. Kellogg enters 2011 with a 25% increase in new products versus 2009-2010 levels, increased investment in its supply chain, easy comparisons and list price increases already implemented to help cover surging input costs…our 2011E EPS to $3.50 from $3.40 (versus $3.46 consensus) and our 2012 estimate from $3.75 to $3.85 (versus $3.79 consensus) as a result.” Kellogg shares posted modest gains in premarket trading Friday. The Bottom Line We have been recommending shares of Kellogg ( K ) since Nov.3, 2010, when the stock was trading at $49.69. The company has a 3.08% dividend yield, based on last night’s closing stock price of $52.52. Kellogg Company ( K ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. 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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General Electric’s Price Target Boosted at Oppenheimer (GE)

Multinational conglomerate General Electric Company ( GE ) on Wednesday saw its price target boosted by analysts at Oppenheimer. The firm said it now expects GE shares to reach $25, which implies a more than 20% upside to the stock’s Tuesday closing price of $20.80. Oppenheimer also maintained its “Outperform” rating on GE, citing strong growth in its industrial segment. General Electric shares were mostly flat in premarket trading Wednesday. The Bottom Line We have been recommending shares of General Electric ( GE ) since July 23, 2010, when the stock was trading at $15.21. The company has a 2.69% dividend yield, based on last night’s closing stock price of $20.80. General Electric Company ( GE ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. 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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Time Warner Boosts Dividend as Q4 Results Beat Expectations (TWX)

Filed in dividend, earnings, G 20, Gold Bullion prices, o, revenue, shares, Time Warner by on February 2, 2011 0 Comments

Media giant Time Warner Inc. ( TWX ) on Wednesday reported better-than-expected fourth quarter results, forecast strong 2011 earnings, and announced an 11% hike in its quarterly dividend. The New York-based company reported fourth quarter net income of $769 million, or 68 cents per share, compared with $631 million, or 53 cents per share, in the year-ago period. Excluding special items, adjusted profit was 67 cents per share. Revenue rose 8% from last year to $7.8 billion. On average, Wall Street analysts expected a smaller profit of 62 cents per share, on lower revenue of $7.5 billion. Looking ahead, the company forecast 2011 adjusted earnings to rise in the “low teens” on a percentage basis from 2010′s total of $2.41 per share. That estimate implies around $2.70 per share for 2011, which compares with analysts’ current estimates of $2.70 per share for the year. TWX also said its board of directors approved an 11% increase of its quarterly dividend payout, to 24 cents per share. Time Warner shares rose 89 cents, or +2.8%, in premarket trading Wednesday. The Bottom Line Shares of Time Warner ( TWX ) will now have a 2.91% dividend yield, based on the higher dividend payout and last night’s closing stock price of $32.31. The stock has technical support in the $29.50-$30 price area. If the shares can firm up, we see overhead resistance around the $34-$35 price levels. Time Warner Inc. ( TWX ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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Broadcom Q4 Profit Meets View, but Forecast Disappoints; Dividend Boosted (BRCM)

Filed in dividend, Gold Bullion prices, o, revenue, shares by on February 2, 2011 0 Comments

Wireless chipmaker Broadcom Corporation ( BRCM ) late Tuesday posted a fourth quarter profit that was in-line with analyst estimates, but its forecast fell short, sending its shares plummeting in aftermarket trading. The Irvine, CA-based company reported fourth quarter net income of $266.2 million, or 47 cents per share, compared with $59.2 million, or 11 cents per share, in the year-ago period. Excluding special items, adjusted profit was 75 cents per share. Revenue surged 45% from last year to $1.95 billion. On average, Wall Street analysts expected a matching profit of 75 cents per share, on lower revenue of $1.89 billion. Looking ahead, the company forecast first quarter revenue to range from $1.75 billion to $1.85 billion, which is in-line with analyst estimates for analysts are expecting $1.80 billion. Also Tuesday, Broadcom said it raised its quarterly cash dividend by 12.5 percent to 9 cents per share. The dividend will be paid March 7 to stockholders of record as of Feb. 18. The company announced a $300 million accelerated plan to buy back shares of its stock, too. The plan is part of its current share buyback program, Broadcom said. The Bottom Line Shares of Broadcom ( BRCM ) will now have a .78% dividend yield, based on the higher dividend payout and last night’s closing stock price of $46.39. The stock has technical support in the $40 price area. If the shares can firm up, we see overhead resistance around the $48 price level. Broadcom Corporation ( BRCM ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. 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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