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2 Stocks That Have Paid Dividends for 150 Years or More
247Wallst· 2026-03-09 12:49
Core Insights - Dividend investing is highlighted as a reliable path to long-term wealth creation, providing passive income and psychological comfort to investors [1] - Two companies, York Water and Stanley Black & Decker, are noted for their exceptional dividend payment histories, having paid dividends for over 150 years [1] Company Summaries York Water (YORW) - York Water has paid dividends for over 210 years, with 620 consecutive quarters of payments and a 28-year streak of dividend increases [1] - The company operates as the oldest investor-owned utility in the U.S., supplying drinking water and wastewater services to over 214,000 people, with a daily supply of approximately 24 million gallons [1] - As a regulated utility, York Water benefits from stable demand and predictable earnings, allowing for disciplined capital allocation and consistent cash flow [1] Stanley Black & Decker (SWK) - Stanley Black & Decker has a dividend payment history of 149 consecutive years, with increases for 59 consecutive years [1] - The company is the largest tool manufacturer globally, with a diverse portfolio that includes major brands like DeWalt and Craftsman [1] - Its focus on innovation and user needs has sustained its market leadership, generating durable cash flows that support ongoing dividend growth [2]
GSK licenses liver disease drug to Italy's Alfasigma
Reuters· 2026-03-09 07:16
Core Viewpoint - GSK has licensed its experimental liver disease drug linerixibat to Alfasigma for an upfront payment of $300 million, indicating a strategic move to monetize its drug development pipeline [1]. Company Summary - GSK has sold worldwide rights for linerixibat, a drug targeting liver disease, to Italian pharmaceutical company Alfasigma [1]. - The agreement includes an upfront payment of $300 million, which reflects GSK's strategy to focus on partnerships for drug commercialization [1]. Industry Summary - The licensing deal highlights ongoing trends in the pharmaceutical industry where companies seek collaborations to enhance drug development and market reach [1]. - The transaction underscores the competitive landscape in the liver disease treatment market, as companies look to innovate and expand their portfolios through strategic partnerships [1].
Dividend Kings List: Top 15 Stocks
Insider Monkey· 2026-03-08 22:47
In this article, we will take a look at the Dividend Kings List: Top 15 Stocks.Dividend Kings are a small group of companies that have raised their dividends for at least 50 consecutive years. Stocks like these have remained popular with investors for a simple reason. Over long market cycles, companies that pay dividends have often delivered stronger long-term returns than businesses that do not. They also tend to carry lower risk. Regular dividend payments usually reflect steady cash flow and disciplined f ...
X @Nick Szabo
Nick Szabo· 2026-03-08 22:44
RT THE ISLANDER (@IslanderWORLD)Eight of the ten largest desalination plants on earth sit on the Arabian Peninsula coast. Together the Gulf states account for roughly sixty percent of global desalination capacity. A hundred million people drink what these facilities manufacture from seawater every single day. Kuwait gets ninety percent of its drinking water from desalination. Oman eighty-six. Saudi Arabia seventy. Without these plants, the most powerful petroleum states on earth become uninhabitable within ...
X @Nick Szabo
Nick Szabo· 2026-03-08 16:46
RT DD Geopolitics (@DD_Geopolitics)🚨🇮🇷🇺🇸 The U.S. struck Iranian desalination infrastructure. Strategic implications:This map shows every desalination plant in the Persian Gulf. Gulf state water dependency on desalination:→ Kuwait: ~100%→ Qatar: ~99%→ Bahrain: ~97%→ UAE: ~90%→ Saudi Arabia: ~70%All plants are coastal, fixed, unarmored, and within range of Iranian SRBMs (Fateh-110, 300 km), MRBMs, and low-altitude cruise missiles (Quds-1, Paveh) that fly below standard radar detection thresholds.These nation ...
X @Mr hunter
GEM HUNTER 💎· 2026-03-08 11:49
BREAKING 🚨The United Arab Emirates carried out an attack on a desalination plant in Iran 🇮🇷 for the first time.Israeli news saidThis is a major escalation and could lead to the biggest humanitarian crisis in the middle east.No water means sufferingNo one deserves it. https://t.co/fkMR2TTsD8 ...
X @Nick Szabo
Nick Szabo· 2026-03-07 23:48
RT LogKa (@LogKa11)Israel’s largest desalination plant is Sorek. Coordinates:31.9428829, 34.7312932The largest desalination plant in the Middle East is Saudi Arabia’s Ras al-Khair.Coordinates:27.5323877, 49.1399172The Qeshm island desalination plant that was destroyed by Israeli-US airstrikes is located near the Strait of Hormuz.Coordinates:26.9501169, 56.2782450 ...
Essential Utilities Unit Buys Greenville Municipal Water for $18M
ZACKS· 2026-03-06 15:21
Key Takeaways WTRG unit Aqua Pennsylvania acquires Greenville Municipal Water Authority for $18M, adding 2,900 customers. Essential Utilities plans nearly $10M investment over the next decade to upgrade Greenville water assets.Essential Utilities completed seven water and wastewater acquisitions in 24 months, adding 9,655 customers.Essential Utilities, Inc. (WTRG) announced that its unit Aqua Pennsylvania has completed the acquisition of the Greenville Municipal Water Authority in Mercer County, PA, for $18 ...
Algonquin Power & Utilities (AQN) - 2025 Q4 - Earnings Call Transcript
2026-03-06 14:32
Algonquin Power & Utilities (NYSE:AQN) Q4 2025 Earnings call March 06, 2026 08:30 AM ET Company ParticipantsBrian Chin - Vice President of Investor RelationsRobert Stefani - CFORod West - CEOConference Call ParticipantsBaltej Sidhu - Research AnalystBen Pham - Senior AnalystJohn Hall - AnalystMark Jarvi - Managing Director, Senior Equity AnalystNelson Ng - Vice President, Equity AnalystRichard Sunderland - AnalystRobert Hope - AnalystNone - AnalystOperatorHello, and welcome to the Algonquin Power & Utilitie ...
Algonquin Power & Utilities (AQN) - 2025 Q4 - Earnings Call Transcript
2026-03-06 14:30
Financial Data and Key Metrics Changes - The company reported full-year GAAP net earnings of $208 million for 2025, a significant increase from $54.8 million in 2024 [19] - Full-year adjusted net earnings were $258.8 million, up approximately 17% from $221.6 million in 2024 [19] - Full-year net earnings per share (EPS) was $0.27, with adjusted net EPS of $0.34, exceeding guidance by $0.02 [5][22] - Operating expenses as a percentage of gross revenue decreased from approximately 38% in 2024 to roughly 36% in 2025 [6] Business Line Data and Key Metrics Changes - The increase in adjusted net earnings was primarily driven by $10.3 million from new utility rates implemented across various systems [20] - New utility rates contributed $41.6 million of benefit from approved rate implementations throughout the year [22] - The regulated services group growth was supported by new rate implementations, favorable weather, and lower interest expenses [24] Market Data and Key Metrics Changes - The company operates in high-quality jurisdictions with attractive regulatory mechanisms, including tracker mechanisms and multi-year rate plans [16] - Recent legislative and regulatory developments in states like Missouri and Arizona are enhancing investment recovery [17] Company Strategy and Development Direction - The company aims to become a premium pure-play regulated utility, focusing on operational discipline and regulatory strategy execution [5][10] - A centralized capital projects team is being implemented to improve execution and performance [9] - The capital expenditure outlook for 2026-2028 is approximately $3.2 billion, with a focus on safety, reliability, and service improvements [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the 2026 earnings guidance, reaffirming the adjusted net EPS estimate in the range of $0.35-$0.37 [30] - The effective tax rate for 2027 is now expected to be in the mid-to-high 20% range, impacting future earnings projections [11][30] - Management emphasized the importance of operational excellence and regulatory engagement to drive sustainable earnings growth [32] Other Important Information - The company strengthened its balance sheet by using net proceeds from the sale of its renewable business to retire approximately $1.6 billion of debt [7][27] - Total debt stands at approximately $6.5 billion, with a solid investment-grade credit rating [28] Q&A Session Summary Question: What are the largest drivers behind the revised 2027 guidance? - The effective tax rate moved from low to mid-twenties to mid to high twenties, resulting in a deduction of about $0.03 per share in EPS [36] Question: What are the largest levers the business can pull in the near term? - The focus is on regulatory engagement and leveraging a strong balance sheet to pursue organic growth opportunities [38] Question: Can you provide an update on the additional opportunities mentioned? - The growth story starts with organic growth within existing jurisdictions, with a disciplined approach to potential M&A opportunities [46] Question: How is the company progressing on customer metrics for the Missouri rate case? - The company believes it has satisfied the customer metrics and is in the process of validating this with the commission [96]