Group 1: Market Performance - The S&P 500 has shown strong performance in 2024, with a year-to-date increase of approximately 20% following a 24% rise in 2023 [1] - PPG Industries, SJW Group, and Archer-Daniels-Midland have experienced declines of 14%, 11%, and 18% respectively since the start of the year [1] Group 2: PPG Industries - PPG Industries revised its 2024 adjusted EPS outlook down to $8.15 to $8.30 from a previous guidance of $8.34 to $8.59, leading to a sell-off by investors [2] - The company has a strong track record with 52 consecutive years of dividend increases and generates robust free cash flow to support its dividend payments [2][3] - PPG's five-year average payout ratio stands at 44%, indicating a prudent approach to returning capital to shareholders [3] Group 3: SJW Group - SJW Group operates primarily in regulated markets, which accounted for about 95% of its net income in 2023, providing predictable cash flows for planning capital expenditures and dividend increases [4] - The company has completed over 25 acquisitions from 2010 to 2023, resulting in a 72% growth in its customer base [4] - SJW Group has maintained 80 consecutive years of dividend payments and 56 consecutive years of dividend increases, with a compound annual growth rate of over 6% in dividends over the past five years [5] Group 4: Archer-Daniels-Midland - Archer-Daniels-Midland faced challenges at the beginning of the year, including a C-suite shake-up and an accounting investigation, leading to a 23% decline in January [6] - The company projects a 2024 adjusted EPS of $5.25 to $6.25, indicating a year-over-year decline from $6.98 in 2023, which may deter short-term investors [7] - Despite recent challenges, the company has a long history of resilience, which may provide confidence to long-term investors [7] Group 5: Investment Opportunities - PPG, SJW, and Archer-Daniels-Midland are currently trading at attractive valuations, with discounts to their five-year operating cash flow multiples [8] - SJW Group offers a forward dividend yield of 2.8%, making it suitable for conservative investors, while Archer-Daniels-Midland has a higher yield of 3.4% for those willing to accept some volatility [8] - PPG provides a forward yield of 2.1% for investors interested in specialty materials [8]

Dublin, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The "Parmesan Cheese Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The parmesan cheese market size has grown steadily in recent years. It will grow from $15.96 billion in 2023 to $16.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The parmesan cheese market size is expected to see steady growth in the next few years. It will grow to $20.25 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The grow ...

Archer Daniels Midland Company (ADM) shares have declined 13.7% in the year-to-date (YTD) period, wider than the Zacks Agriculture – Operations industry’s decline of 5.7% and against the broader Zacks Consumer Staples sector’s 13.1% growth.Image Source: Zacks Investment ResearchOne of the key factors contributing to ADM's struggles has been the sluggish performance of its Agricultural Services & Oilseeds segment. The segment's revenues dropped by 12.6% year over year in the second quarter of 2024, contribut ...

Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...

Archer Daniels Midland (ADM) closed the most recent trading day at $61.36, moving -1.75% from the previous trading session. This move lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.36%.Prior to today's trading, shares of the agribusiness giant had gained 5.4% over the past month. This has outpaced the Consumer Staples sector's gain of 2.12% and the S&P 500's gain of 2.06% in that time.Market participants will be closely following the financial r ...

Core Viewpoint - Coca-Cola's stock has risen over 20% in the past year, making it potentially less attractive for value-focused investors, while PepsiCo and Archer-Daniels-Midland present more appealing alternatives for income investors [1][8]. Group 1: Coca-Cola - Coca-Cola is a well-established brand with a strong marketing and distribution network, recognized as a Dividend King with over 60 years of annual dividend increases [2]. - The company has experienced annualized revenue growth of approximately 7.5% and earnings growth of over 10% in the past five years, justifying its recent stock price increase [3]. - Current valuations show Coca-Cola's price-to-sales (P/S) and price-to-earnings (P/E) ratios are slightly above their five-year averages, indicating it may be considered expensive for value investors [3]. Group 2: PepsiCo - PepsiCo is a strong competitor to Coca-Cola, holding the number one position in salty snacks and diversifying into packaged foods, which may appeal to investors seeking business diversification [4]. - Despite being a strong company, PepsiCo's earnings have declined over the past five years, leading to a flat stock performance over the last year, creating a potential opportunity for long-term income investors [5]. - PepsiCo offers a dividend yield of 3%, higher than Coca-Cola's 2.7%, and its P/S and P/E ratios are below their five-year averages, suggesting it is currently undervalued [5]. Group 3: Archer-Daniels-Midland - Archer-Daniels-Midland has a dividend yield of 3.3%, just shy of being a Dividend King with 49 consecutive annual dividend increases [6]. - The company operates differently from Coca-Cola and PepsiCo, serving as a supplier of commodities like oilseeds, corn, and wheat, which can lead to revenue and earnings volatility [6][7]. - The stock has declined around 25% over the past year, but its P/S and P/E ratios are below their five-year averages, indicating potential value for long-term dividend investors [7].

The latest trading session saw Archer Daniels Midland (ADM) ending at $60.41, denoting a +0.03% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.13%. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.52%.Shares of the agribusiness giant have appreciated by 2.2% over the course of the past month, underperforming the Consumer Staples sector's gain of 4.49% and the S&P 500's gain of 3.67%.The investment community will be closely mo ...

Dividend Kings Overview - The article focuses on 53 Dividend Kings, which are companies with a long history of increasing dividends annually [1][4] - Two companies, Leggett and Platt (LEG) and 3M Co (MMM), were removed from the list due to failing to increase dividends in the past year [1] - The Dividend Kings are characterized by reliable, repeating dividends and higher yields compared to peers, earning them the "dog" moniker [4] Top Dividend Kings by Yield and Price - Six of the top 10 Dividend Kings by yield offer annual dividends (from a $1K investment) exceeding their single share prices [2] - Seven companies, including Altria Group Inc (MO), Universal Corp (UVV), and Canadian Utilities Ltd (CDUAF), are fairly priced with their annual yield meeting or exceeding their single-share prices [2] - Nine additional companies, such as Fortis Inc (FTS) and Coca-Cola (KO), are worth watching but are currently overpriced [2][9] Analyst Predictions and Projections - Analysts predict net gains ranging from 9.36% to 31.67% for the top 10 Dividend Kings by yield [2] - Five of the top 10 Dividend Kings by yield are expected to be among the top 10 gainers for the coming year based on analyst target prices [2] - The average net gain in dividend and price is estimated to be 20.16% on a $10K investment spread across the top 10 stocks [3] Sector Representation and Performance - The top 10 Dividend Kings by yield represent four of the 11 Morningstar sectors, with consumer staples and utilities being the most prominent [5][6] - Altria Group Inc (MO) and Universal Corp (UVV) lead the consumer staples sector, while Canadian Utilities Ltd (CDUAF) and Northwest Natural Holding Co (NWN) represent utilities [6] - The financial services and real estate sectors are also represented by United Bankshares Inc (UBSI) and Federal Realty Investment Trust (FRT), respectively [6] Low-Priced vs High-Priced Dividend Kings - The five lowest-priced Dividend Kings, including Kenvue (KVUE) and Hormel Foods (HRL), are projected to deliver 8.15% net gains, slightly less than the 8.60% expected from all 10 top-yield stocks [7] - Altria Group Inc (MO) is projected to deliver the best net gain of 25.63% among the low-priced Dividend Kings [7] - Higher-priced Dividend Kings, such as Fortis Inc (FTS) and Altria Group Inc (MO), have prices ranging from $44.51 to $116.60 [7] Historical Context and Market Sentiment - The article references the 2020 Ides of March dip, suggesting that the current market adjustment may present an opportunity to invest in top-yield Dividend Kings [2][9] - Analyst target price estimates are used as a "market sentiment" gauge, providing a measure of upside potential for these stocks [6][8] Dividend Kings by Years of Dividend Increases - The list includes companies like American States Water (AWR) and Dover Corporation (DOV), which have increased dividends for 68 years [11] - Other notable companies include Procter & Gamble (PG) and Coca-Cola (KO), with 67 and 62 years of dividend increases, respectively [11] - The list spans multiple sectors, including utilities, industrials, consumer goods, and healthcare, showcasing the diversity of Dividend Kings [11]

The most recent trading session ended with Archer Daniels Midland (ADM) standing at $59.50, reflecting a +0.05% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.16%. Meanwhile, the Dow experienced a rise of 1.2%, and the technology-dominated Nasdaq saw an increase of 1.16%.The the stock of agribusiness giant has risen by 1.76% in the past month, lagging the Consumer Staples sector's gain of 4.87% and the S&P 500's gain of 3.48%.Market participant ...

Olivier Le Moal Author's Note: This is our monthly series on Dividend Stocks, usually published in the first week of every month. We scan the universe of roughly 7,500 stocks listed and traded on U.S. exchanges and use our proprietary filtering criteria to select five relatively safe stocks that may be trading cheaper compared to their historical valuations. Some sections in the article, like “Selection Process/Methodology,” are repeated each month with few changes. This is intentional as well as unavoi ...