Core Viewpoint - Home Depot is a highly favored stock among leading dividend ETFs due to its strong dividend yield, consistent dividend payments, and solid financial performance [1][10]. Group 1: Home Depot's Position in Dividend ETFs - Home Depot is a top holding in several major dividend ETFs, including Vanguard Dividend Appreciation ETF, Vanguard High Dividend Yield ETF, and Schwab U.S. Dividend Equity ETF [1][10]. - In the Vanguard Dividend Appreciation ETF, Home Depot ranks ninth, accounting for 2.1% of its assets [2]. - In the Vanguard High Dividend Yield ETF, Home Depot is the fourth largest holding, representing 2.2% of its assets [4]. - In the Schwab U.S. Dividend Equity ETF, Home Depot ranks third, making up 4.4% of its assets [6]. Group 2: Dividend Yield and Growth - Home Depot offers a higher-yielding dividend of 2.2%, making it attractive for yield-focused ETFs [7]. - The company has a strong track record of dividend payments, having made over 150 consecutive quarterly payments and increasing its dividend for 15 straight years, including a 7.7% increase earlier this year [7]. Group 3: Financial Performance and Growth Potential - Home Depot generated over $15 billion in net cash from operating activities in the first nine months of the year, significantly exceeding its dividend outlay of $6.7 billion [8]. - The company has utilized excess cash for capital expenditures and maintains a strong balance sheet with an A-rating credit [8]. - Home Depot's acquisition of SRS Distribution for $18.3 billion expanded its market opportunity by $50 billion, bringing its total market opportunity to over $1 trillion [9]. - With an estimated market share of 15%, Home Depot has substantial growth potential through existing store sales and retail expansion [9].

ETFs across various categories pulled in $35 billion in capital last week, pushing year-to-date inflows to $1.05 trillion. U.S. equity ETFs led the way with $25 billion in inflows, followed by inflows of $6 billion in U.S. fixed-income ETFs.SPDR S&P 500 ETF Trust (SPY) , Vanguard Growth ETF (VUG) , Vanguard S&P 500 ETF (VOO) , Vanguard Total Stock Market ETF (VTI) and BlackRock iShares Bitcoin Trust (IBIT) dominated the top creation list last week.Wall Street posted mixed performances last week, with the S& ...

Group 1 - Robert F. Abbott has been managing family investments since 1995 and incorporated options trading in 2010, focusing on covered calls and collars with long stocks [1] - Abbott is a freelance writer with a project aimed at providing information for new and intermediate-level mutual fund investors [1] - He holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1]

TAMPA, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is thrilled to announce the expansion of its popular MOODS vaporizer line, bringing two new premium extensions to consumers in New York and Florida. Available now, adults across the Empire State can purchase MOODS Black at all Etain Health locations, while MOODS Winter is available exclusively to ...

Core Viewpoint - MicroStrategy remains heavily invested in Bitcoin, with its Executive Chairman Michael Saylor maintaining a bullish outlook despite Bitcoin's price surge this year [1][3]. Company Holdings and Financials - MicroStrategy's Bitcoin holdings have reached 279,420 Bitcoins, with a total purchase price of $11.9 billion and a current market value of $24.5 billion as of November 10, 2024 [2]. - The Bitcoin portfolio constitutes approximately one-third of MicroStrategy's enterprise value of $73.3 billion and about 1.4% of Bitcoin's total market cap of $1.8 trillion [3]. - The company purchased an additional 27,200 Bitcoins for $2.03 billion at an average price of $74,463 between October 31 and November 10 [3]. Future Price Predictions - Saylor predicts Bitcoin's price could reach $100,000 by the end of 2024 and potentially climb to $13 million over the next 21 years, representing a near 15,000% increase from current levels [3]. - He anticipates Bitcoin's market share will grow from 0.1% to 7% of the world's capital as more financial institutions adopt Bitcoin-related services [3]. Company Strategy and Transformation - MicroStrategy has shifted from being a slow-growth software provider to a Bitcoin-focused company since 2020, as its annual revenue declined from $576 million in 2013 to $496 million in 2023 [5]. - To stabilize its software business, MicroStrategy is transitioning to subscription-based cloud services and has launched a generative AI platform [6]. Financial Challenges - Analysts project MicroStrategy's software revenue will grow at a compound annual rate of only 1% from 2023 to 2026, with the company remaining unprofitable on a GAAP basis [7]. - The company is facing significant financial strain due to impairment costs from Bitcoin purchases, leading to a quadrupling of total liabilities since the end of 2020 and a doubling of outstanding shares [8]. Funding and Debt - MicroStrategy plans to raise $42 billion over the next three years to fund further Bitcoin purchases, with $21 billion from secondary stock offerings and $21 billion from selling fixed-income securities [8]. - The company's aggressive Bitcoin strategy poses risks, as a decline in Bitcoin's price could severely impact its balance sheet [10].

Popular, Inc.’s (BPOP) board of directors approved a sequential hike in its quarterly cash dividend. The company declared a quarterly cash dividend of 70 cents per share, reflecting a rise of 12.9% from the prior payout. The dividend will be paid out on Jan. 2, 2025, to shareholders of record as of Dec. 6, 2024.Prior to this, Popular hiked its dividend by 12.7% to 62 cents per share in November 2023. We believe that such disbursements highlight its operational strength and commitment to enhancing shareholde ...

ARM Holdings has numerous growth opportunities but is it enough for its hefty valuation?In today's video, I discuss ARM Holdings (ARM 0.93%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.*Stock prices used were the market prices of November 14, 2024. The video was published on November 15, 2024. ...

This unique stock split boasts a laundry list of competitive advantages, a robust capital-return program, and a historically cheap valuation.Over the past two years, there hasn't been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle.A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor. Spl ...

Part I – Financial Information [Item 1. Financial Statements](index=6&type=section&id=Item%201.%20Financial%20Statements) This section presents Popular, Inc.'s unaudited consolidated financial statements as of September 30, 2024, and for the three and nine-month periods then ended, including statements of financial condition, operations, comprehensive income, changes in stockholders' equity, and cash flows, with detailed notes [Unaudited Consolidated Statements of Financial Condition](index=6&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Financial%20Condition) As of September 30, 2024, Popular, Inc. reported total assets of **$71.3 billion**, an increase from **$70.8 billion** at year-end 2023, primarily driven by growth in net loans held-in-portfolio, with total liabilities stable at **$65.5 billion** and stockholders' equity growing to **$5.8 billion** from **$5.1 billion** Consolidated Balance Sheet Highlights (in thousands) | Account | September 30, 2024 | December 31, 2023 | | :--- | :--- | :--- | | **Total Assets** | **$71,323,074** | **$70,758,155** | | Total loans held-in-portfolio, net | $35,450,647 | $34,335,630 | | Total debt securities (AFS & HTM), net | $25,045,987 | $24,917,599 | | **Total Liabilities** | **$65,532,560** | **$65,611,202** | | Total deposits | $63,668,501 | $63,618,243 | | **Total Stockholders' Equity** | **$5,790,514** | **$5,146,953** | [Unaudited Consolidated Statements of Operations](index=7&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Operations) For Q3 2024, Popular, Inc. reported **net income of $155.3 million** ($2.16 per diluted share), up from **$136.6 million** in Q3 2023, driven by higher net interest income of **$572.5 million** versus **$534.0 million**, partially offset by increased provision for credit losses Key Operating Results (in thousands, except per share data) | Metric | Q3 2024 | Q3 2023 | Nine Months 2024 | Nine Months 2023 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $572,473 | $534,020 | $1,691,529 | $1,597,344 | | Provision for Credit Losses | $71,448 | $45,117 | $190,840 | $129,946 | | Non-interest Income | $164,082 | $159,549 | $494,206 | $481,981 | | Total Operating Expenses | $467,321 | $465,984 | $1,420,010 | $1,366,955 | | **Net Income** | **$155,323** | **$136,609** | **$436,395** | **$446,748** | | Net Income per Share – Diluted | $2.16 | $1.90 | $6.05 | $6.21 | [Unaudited Consolidated Statements of Comprehensive Income (Loss)](index=8&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) The company reported **comprehensive income of $520.6 million** for Q3 2024, a significant turnaround from a **$68.9 million comprehensive loss** in Q3 2023, primarily due to a positive swing in other comprehensive income driven by unrealized holding gains on debt securities Comprehensive Income (Loss) Summary (in thousands) | Metric | Q3 2024 | Q3 2023 | Nine Months 2024 | Nine Months 2023 | | :--- | :--- | :--- | :--- | :--- | | Net Income | $155,323 | $136,609 | $436,395 | $446,748 | | Total other comprehensive income (loss), net of tax | $365,288 | $(205,507) | $382,537 | $(9,014) | | **Comprehensive income (loss), net of tax** | **$520,611** | **$(68,898)** | **$818,932** | **$437,734** | [Unaudited Consolidated Statements of Changes in Stockholders' Equity](index=9&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Changes%20in%20Stockholders'%20Equity) Stockholders' equity increased from **$5.15 billion** at year-end 2023 to **$5.79 billion** at September 30, 2024, driven by **$436.4 million** in net income and **$382.5 million** in positive other comprehensive income, partially offset by dividends and stock repurchases - Key drivers for the increase in stockholders' equity in the first nine months of 2024 were net income (**$436.4M**) and other comprehensive income (**$382.5M**)[12](index=12&type=chunk) - Reductions to equity included dividends on common stock (**$134.3M**), preferred stock (**$1.1M**), and common stock repurchases (**$65.9M**)[12](index=12&type=chunk) - Dividends declared per common share for the nine months ended September 30, 2024, were **$1.86**, up from **$1.65** in the same period of 2023[12](index=12&type=chunk) [Unaudited Consolidated Statements of Cash Flows](index=11&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Cash%20Flows) For the nine months ended September 30, 2024, net cash provided by operating activities was **$475.2 million**, while net cash used in investing activities significantly decreased to **$209.6 million** from **$2.1 billion** in the prior year, and net cash used in financing activities was **$257.5 million** Cash Flow Summary (in thousands) | Activity | Nine Months Ended Sep 30, 2024 | Nine Months Ended Sep 30, 2023 | | :--- | :--- | :--- | | Net cash provided by operating activities | $475,239 | $473,023 | | Net cash used in investing activities | $(209,614) | $(2,066,726) | | Net cash (used in) provided by financing activities | $(257,534) | $1,658,782 | | **Net increase in cash and due from banks** | **$8,091** | **$65,079** | [Notes to Unaudited Consolidated Financial Statements](index=13&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) This section provides detailed disclosures supporting the consolidated financial statements, covering the nature of operations, basis of presentation, accounting pronouncements, debt securities, loan portfolio, credit quality, and other key financial areas [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=135&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's Q3 2024 financial performance, highlighting **net income of $155.3 million** driven by higher net interest income, and analyzes financial condition, capital adequacy, liquidity, and risk management practices - Q3 2024 net income was **$155.3 million**, compared to **$136.6 million** in Q3 2023[355](index=355&type=chunk) - Net interest margin for Q3 2024 increased to **3.24%** from **3.07%** in Q3 2023, mainly due to higher yields on investment securities and loans[355](index=355&type=chunk) - Total assets grew to **$71.3 billion** from **$70.8 billion** at year-end 2023, driven by loan growth[361](index=361&type=chunk) - Tangible book value per common share increased to **$69.04** from **$59.74** at year-end 2023[363](index=363&type=chunk)[424](index=424&type=chunk) [Operating Results Analysis](index=140&type=section&id=Operating%20Results%20Analysis) Net interest income for Q3 2024 rose to **$572.5 million**, up **$38.5 million** year-over-year, driven by higher yields on loans and investments, while provision for credit losses increased to **$71.4 million**, and non-interest income grew to **$164.1 million** - Net interest income increased by **$38.5 million** YoY in Q3 2024, driven by higher yields on investment securities (**+$33.8M**) and loans (**+$69.6M**), partially offset by higher deposit interest expense (**+$56.9M**)[366](index=366&type=chunk) - The provision for credit losses increased by **$26.3 million** YoY to **$71.4 million** in Q3 2024, primarily due to higher net charge-offs in the commercial loan portfolio compared to net recoveries in Q3 2023[356](index=356&type=chunk)[370](index=370&type=chunk) - Operating expenses were stable YoY, with increases in technology (**+$15.5M**) and personnel costs (**+$8.7M**) being offset by a **$23.0M** goodwill impairment charge recorded in Q3 2023 and lower professional fees (**-$11.8M**)[376](index=376&type=chunk) [Financial Condition Analysis](index=152&type=section&id=Financial%20Condition%20Analysis) As of September 30, 2024, total assets reached **$71.3 billion**, with loans held-in-portfolio growing by **$1.1 billion** to **$36.2 billion**, total deposits remaining stable at **$63.7 billion**, and stockholders' equity increasing by **$643.6 million** to **$5.8 billion** - Loans held-in-portfolio increased by **$1.1 billion** to **$36.2 billion** since Dec 31, 2023, with the BPPR portfolio growing by **$1.2 billion**[399](index=399&type=chunk) - Total deposits were stable at **$63.7 billion**. Puerto Rico public sector deposits increased to **$18.7 billion** from **$18.1 billion** at year-end 2023[405](index=405&type=chunk)[408](index=408&type=chunk) - Stockholders' equity grew by **$643.6 million** since year-end 2023, driven by net income and a **$272.0 million** after-tax decrease in unrealized losses on AFS securities[415](index=415&type=chunk) [Capital](index=158&type=section&id=Capital) The Corporation's capital ratios remained strong and well-capitalized as of September 30, 2024, with the Common Equity Tier 1 (CET1) capital ratio at **16.42%** and tangible book value per common share increasing to **$69.04** Regulatory Capital Ratios | Ratio | September 30, 2024 | December 31, 2023 | | :--- | :--- | :--- | | Common equity tier 1 capital | 16.42% | 16.30% | | Tier 1 capital | 16.48% | 16.36% | | Total capital | 18.24% | 18.13% | | Tier 1 leverage | 8.67% | 8.51% | - The increase in capital ratios compared to year-end 2023 was mainly due to earnings for the nine-month period, partially offset by higher risk-weighted assets from loan growth[422](index=422&type=chunk) [Risk Management](index=161&type=section&id=Risk%20Management) The company actively manages market, interest rate, liquidity, and credit risks, maintaining an asset-sensitive position with strong liquidity totaling **$20.5 billion**, and stable credit quality metrics including a **1.0%** non-performing loan ratio - The Corporation's Net Interest Income (NII) simulation shows an asset-sensitive position. A **+100 basis point** parallel rate shift is estimated to increase NII by **$20.6 million (0.87%)** over one year[429](index=429&type=chunk) - Total available liquidity sources increased to **$20.5 billion** as of September 30, 2024, from **$19.5 billion** at year-end 2023[436](index=436&type=chunk)[437](index=437&type=chunk) - Non-performing loans (NPLs) to total loans held-in-portfolio ratio was stable at **1.0%** as of September 30, 2024, unchanged from December 31, 2023[478](index=478&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=185&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) This section refers to the Market Risk section within Item 2, Management's Discussion and Analysis of Financial Condition and Results of Operations, for market risk disclosures - Disclosures regarding market risk for the current period are located in the Market Risk section of the MD&A[506](index=506&type=chunk) [Item 4. Controls and Procedures](index=185&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of September 30, 2024, with no material changes to internal control over financial reporting during the quarter - The CEO and CFO concluded that the Corporation's disclosure controls and procedures were effective as of the end of the period covered by this report[507](index=507&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[508](index=508&type=chunk) Part II – Other Information [Item 1. Legal Proceedings](index=185&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various legal proceedings, including the *Golden v. Popular, Inc.* class action which is now closed, and the *Lipsett v. Popular, Inc.* class action which has reached a settlement in principle, with estimated possible losses up to **$6.49 million** - The *Golden v. Popular, Inc.* class action lawsuit regarding overdraft fees has been settled and is now closed[235](index=235&type=chunk) - A settlement in principle has been reached in the *Lipsett v. Popular, Inc.* class action, with a final approval hearing set for January 27, 2025[237](index=237&type=chunk) - Management estimates the range of reasonably possible losses for current legal proceedings, in excess of amounts accrued, is from **$0** to approximately **$6.49 million** as of September 30, 2024[231](index=231&type=chunk) [Item 1A. Risk Factors](index=185&type=section&id=Item%201A.%20Risk%20Factors) The company reports no material changes to the risk factors previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2023 - There have been no material changes to the risk factors previously disclosed in the Corporation's 2023 Form 10-K[510](index=510&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=185&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q3 2024, the Corporation repurchased **602,451** common shares at an average price of **$98.06** per share, with **$441.2 million** remaining under the **$500 million** repurchase program announced in August 2024 Issuer Purchases of Equity Securities (Q3 2024) | Period | Total Shares Purchased | Average Price Paid | Shares Purchased Under Plan | Remaining Plan Value | | :--- | :--- | :--- | :--- | :--- | | July 2024 | 2,668 | $87.72 | - | $500,000,000 | | August 2024 | 303,638 | $97.14 | 303,202 | $470,550,231 | | September 2024 | 296,145 | $99.11 | 295,894 | $441,224,007 | | **Total Q3** | **602,451** | **$98.06** | **599,096** | **$441,224,007** | - In July 2024, the Corporation announced a new stock repurchase program of up to **$500 million**. Repurchases began in August 2024[512](index=512&type=chunk) [Item 3. Defaults Upon Senior Securities](index=186&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities during the period - None[513](index=513&type=chunk) [Item 4. Mine Safety Disclosures](index=186&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[514](index=514&type=chunk) [Item 5. Other Information](index=186&type=section&id=Item%205.%20Other%20Information) This section notes that certain officers or directors may participate in company stock plans, potentially designed to satisfy Rule 10b5-1 conditions or constitute non-Rule 10b5-1 trading arrangements - Certain officers and directors participate in company stock plans, which may be designed to satisfy Rule 10b5-1 or be considered non-Rule 10b5-1 trading arrangements[515](index=515&type=chunk) [Item 6. Exhibits](index=187&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including Sarbanes-Oxley Act certifications and XBRL data files

Bill Ackman sold Alphabet shares in the second quarter despite most analysts being bullish on the stock. Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund that returned 22% annually over the last five years. By comparison, the S&P 500 (^GSPC 0.16%) returned 16% annually during the same period. That outperformance makes Ackman a good case study for aspiring investors. In the second quarter, Ackman sold 2.2 million shares of Alphabet (GOOGL 1.77%) (GOOG 1.66%), reducing hi ...