Genuine Parts Company (GPC) has one of the best dividend track records in public equity market history, with the company paying dividends every year since going public in 1948. But the best part is that GPC’s legacy isn’t over. Wall Street analysts expects for GPC to see steady sales growth and dividend increases over the …
It’s no secret that 3M’s going through some tough times. But it’s cheap. 3M used to be a magical stock. The company delivered double-digit shareholder returns while growing its dividend every year, all fueled by its recession-proof business model. However, things have taken a turn for the worse as the stock has fallen (47.4%) over …
Key Points: View 3M’s full Q2 earnings results >>> 3M’s Earnings Results: 3M Company’s shares hit a 52-week high after reporting strong quarterly results: 3M reported adjusted revenue of $6.26 billion, beating analysts’ estimates of $5.83 billion by 7.3%. The company also reported adjusted EPS of $1.93 per share, beating analysts’ estimates of $1.68 by …
GPC has one of the strongest dividend track records of all public stocks. Genuine Parts Company (GPC) has grown its dividend for 68 consecutive years and has paid dividends every year since it went public in 1948 (a total of 76 consecutive years). This makes GPC one of only 53 “Dividend Kings” today, which are …
Key Points: View GPC’s full Q2 earnings results >>> GPC’s Earnings Results: Genuine Parts Company lowered its full-year outlook due to decreased sales growth expectations, which were exacerbated by high interest rates and higher living costs. Newly appointed CEO Will Stengel said the results reflected “softer-than-expected market conditions.” GPC now expects 1-3% sales growth for …
Coca-Cola is one of only 54 Dividend Kings in the world, because it’s increased its dividends to shareholders for 52 consecutive years.
Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated by companies part of the S&P 500 index might touch $925 billion in 2024, up 13% year over year, and Goldman estimates buybacks to rise by 16% to $1.075 trillion in 2025. …
Amazon’s story began in 1994 when Jeff Bezos had a simple yet ambitious idea: an online marketplace for books. Over the course of decades, Amazon grew from selling books to operating successful business units across many industries. What’s most important about this remarkable journey is that while Amazon’s team has done the hard work of …
Genuine Parts Company (GPC) is an old-time dividend favorite. But are its best days in the past? GPC has increased its dividend payments to investors for a whopping 68 consecutive years. While GPC has one of the best track records among dividend stocks, it’s still not immune to setbacks. Over the past 12 months, GPC’s …
Key Points: PepsiCo’s Earnings Results: PepsiCo’s most recent earnings report showed mixed quarterly results due to declining demand for its drinks and snacks in North America. The lower demand is likely a result of years of price increases. CEO Ramon Laguarta stated that shoppers across all income levels adjusted their buying habits and opted for …
Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow you to get all the benefits of investing in real estate without going through the hassles that come with direct property ownership. In addition, owning REITs is one of the …
The dividend yield is a crucial metric for investors looking to gauge the income potential of their investments. Often expressed as a percentage, it measures the annual dividend payments made by a company relative to its current stock price. Understanding dividend yield can help you identify income-generating opportunities in the stock market. What is Dividend …