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Top 7 Dividend Aristocrats to Boost Your Portfolio's Earnings
InvestorPlace· 2024-03-15 14:05
Core Insights - The article highlights the resilience and growth potential of Dividend Aristocrats, companies that have consistently raised dividends for at least 25 years, providing stability and optimism for investors [1][2] Company Summaries Walgreens Boots Alliance (WBA) - Walgreens Boots Alliance offers a forward dividend yield of 4.7% and has seen a year-over-year profit improvement in its U.S. healthcare segment, with adjusted EBITDA increasing by $84 million in Q1 fiscal 2024 compared to Q1 2023 [3][4] - VillageMD achieved a 14% growth in sales, contributing to the healthcare segment's profitability, while Shields' sales increased by 27% due to new health system contracts [3][4] 3M (MMM) - 3M has a forward dividend yield of 6.1% and implemented restructuring actions in 2023 that resulted in over $400 million in savings, leading to margin expansion and improved operational efficiency [6][7] - The company reported an operating cash flow of $2.0 billion in Q4 2023, a 3% increase year-over-year, and reduced net debt by $2 billion, or 17% year-over-year [6][7] Realty Income (O) - Realty Income has a forward dividend yield of 5.8% and maintains a high portfolio occupancy rate of 98.6% at the end of 2023, indicating strong tenant demand [8][9] - Same-store rent grew by 2.6% in Q4 2023, demonstrating healthy property performance and effective lease management [8][9] Amcor (AMCR) - Amcor holds a forward dividend yield of 5.3% and reported a GAAP diluted EPS of 9.2 cents and adjusted EPS of 15.7 cents for the quarter ending December 20, 2023 [10][11] - The company continues to maintain a strong market presence across multiple continents, with growth in specific categories despite overall volume declines [10][11] Chevron (CVX) - Chevron's forward dividend yield is 4.3%, with a stable balance sheet and a net debt ratio of 7.3% [12][13] - The company plans to increase its quarterly dividend by 8% to $1.63 per share in 2023, reflecting confidence in cash flow generation [12][13] Franklin Resources (BEN) - Franklin Resources has a forward dividend yield of 4.5% and raised nearly $5 billion in private markets in Q1 2024, indicating strong client interest in private market strategies [14][15] - The company's wealth management channel contributed significantly to fundraising success, accounting for almost 20% of capital collected for its funds [14][15] T. Rowe Price (TROW) - T. Rowe Price offers a forward dividend yield of 4.2% and is focusing on increasing market share outside the U.S., particularly in Asia Pacific and EMEA [16][17] - The company has demonstrated robust investment success, with 64% of its funds outperforming their peer group medians in 2023 [16][17]
Wall Street Loves 5 Passive Income Dividend Aristocrat Winners
24/7 Wall Street· 2024-03-02 16:05
 Wall Street Loves 5 Passive Income Dividend Aristocrat Winners  ShutterstockProfessional / Shutterstock.com Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations. A recent study from the Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized retur ...
5 Dividend Aristocrats Are Our Top Passive Income Picks For March
24/7 Wall Street· 2024-02-25 14:15
 5 Dividend Aristocrats Are Our Top Passive Income Picks For March ShutterstockProfessional / Shutterstock.com Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations. While many investors had hoped for a cut in the Fed-Funds rate in March, the booming stock market, strong employment numbers, and a rise ...
The 3-Highest Yielding Dividend Aristocrats for February 2024
InvestorPlace· 2024-02-20 19:33
Preparing for retirement is challenging, and a reliable cash flow stream is one of the most important things investors look for. That’s why dividend stocks are always in demand, as their assured income stream makes them some of the best investment instruments in the market. Dividend aristocrats make things even better by providing investors with increasing annual dividends. The companies in this category have increased their annual dividend payments for at least 25 consecutive years. These are excellent opt ...
Amcor (AMCR) Q2 Earnings Beat Estimates, Revenues Dip Y/Y
Zacks Investment Research· 2024-02-07 17:56
Amcor Plc (AMCR) reported second-quarter fiscal 2023 (ended Dec 31, 2023) adjusted earnings per share (EPS) of 16 cents, which surpassed the Zacks Consensus Estimate of 15 cents. The bottom line fell 15% from the year-ago quarter, mainly due to the downtrend in volumes reflecting customer destocking.Including special items, the company reported net EPS of 9 cents compared with 31 cents in the year-ago quarter.Total revenues fell 11% year over year to $3.25 billion in the reported quarter. The price/mix had ...
Amcor(AMCR) - 2024 Q2 - Quarterly Report
2024-02-07 11:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-38932 AMCOR PLC (Exact name of Registrant as specified in its charter) Jersey 98-1455367 (State or other jurisdict ...
Amcor(AMCR) - 2024 Q2 - Earnings Call Transcript
2024-02-07 04:37
Amcor plc (NYSE:AMCR) Q2 2024 Earnings Conference Call February 6, 2024 5:30 PM ET Company Participants Tracey Whitehead - Head, IR Ron Delia - CEO Michael Casamento - CFO Conference Call Participants Ghansham Panjabi - Baird Anthony Longo - JPMorgan Sam Seow - Citi Adam Samuelson - Goldman Sachs Richard Johnson - Jefferies Brook Campbell - Barrenjoey Jakob Cakarnis - Jarden Australia Cameron McDonald - E&P Mike Roxland - Truist Securities John Purtell - Macquarie Daniel Kang - CLSA Keith Chau - MST Marquee ...
Amcor reports first half and second quarter result for fiscal 2024
Prnewswire· 2024-02-06 21:10
December 2023 quarter:GAAP diluted EPS of 9.2 cps; Adjusted EPS of 15.7 cps Highlights - Six Months Ended December 31, 2023 Net sales of $6,694 million; GAAP Net income of $286 million; GAAP diluted earnings per share (EPS) of 19.8 cps; Adjusted EPS of 31.3 cps and Adjusted EBIT of $709 million; Adjusted Free Cash Flow $113 million ahead of prior year; Continued strong cash returns to shareholders: Quarterly dividend increased to 12.5 cents per share and $30 million of shares repurchased; and Reaffirming f ...
Amcor (AMCR) to Report Q2 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-02 16:41
Amcor Plc (AMCR) is scheduled to report second-quarter fiscal 2024 results on Feb 6, after the closing bell.Q2 EstimatesThe Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $3.29 billion, indicating a decline of 9.7% from the year-ago quarter’s reported figure. The consensus mark for quarterly earnings is currently 15 cents per share, which suggests a 21% plunge from the year-ago quarter’s actual. The estimate has been unchanged over the past 30 days.Q1 ResultsAmcor witnessed a year- ...
Amcor announces expansion of thermoforming production capacity to support healthcare customer growth in North America
Prnewswire· 2024-01-31 15:30
DEERFIELD, Ill., Jan. 31, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced a significant expansion of its North American thermoforming capabilities for the healthcare market. State-of-the-art thermoforming equipment at Amcor’s healthcare manufacturing plant in Oshkosh, Wis., will support customers in the medical, pharmaceutical and consumer health sectors. The addition of automated, state-of-the art thermoformi ...