Conservative · Stocks to Consider and Updates

UPS Raises Dividend

The Board of Directors of United Parcel Service, Inc. (NYSE: UPS - $110.87) announced a 5.5% increase to its regularly quarterly dividend to $0.96 per share. The dividend is payable March 12, 2019 to shareholders of record on February 26, 2019. The new annualized rate effective with this increase will be $3.84 per share and yield 3.4% at current… Continue reading UPS Raises Dividend

Conservative · Stocks to Consider and Updates

Deere Misses Earnings on Strong Sales; Maintains Outlook

Agriculture and construction manufacturer Deere & Co. (NYSE: DE - $159.00) missed Wall Street's estimates, hurt by higher raw materials and logistics costs as well as by slowing trade between the United States and its partners, particularly China, The results sent its shares 2% lower in today's trading. For the first quarter, Deere had net revenue of $7.984 billion up… Continue reading Deere Misses Earnings on Strong Sales; Maintains Outlook

Conservative · Stocks to Consider and Updates

3M Boosts Dividend

Industrial conglomerate 3M Co. (NYSE: MMM - $202.03) said its board boosted its quarterly dividend by 6% to $1.44 per share from $1.36. The annual payout based on the new dividend rate will be $5.76 per share, yielding about 2.8%. The quarterly dividend is payable March 12 to shareholders registered on Feb. 15. 3M has increased its dividend for 61 consecutive… Continue reading 3M Boosts Dividend

Conservative · Stocks to Consider and Updates

UPS Beats Earning’s Call; Guidance In-Line

Shares of United Parcel Service (NYSE: UPS - $106.28) are moving up about 4%, after the world’s largest package delivery provider reported a fourth-quarter profit that beat expectations, despite a small shortfall on revenue. Adjusted earnings per share grew to $1.94 from $1.66 last year, and four cents above consensus, thanks to a strong holiday delivery season. Revenue… Continue reading UPS Beats Earning’s Call; Guidance In-Line

Conservative · Stocks to Consider and Updates

Danaher Meets Expectations; Outlook In-Line

Danaher Corp. (NYSE: DHR - $105.27) said results for the fourth quarter saw net earnings settle at $746.8 million and adjusted earnings per share at $1.28 - a penny shy of consensus. The results represent a 7.5% increase over the comparable 2017 period of $1.19. Revenues increased 5.5% year-over-year to $5.4 billion, ahead of the $5.33 billion… Continue reading Danaher Meets Expectations; Outlook In-Line

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3M Reports Fourth Quarter Results; Lowers Guidance

Manufacturing conglomerate 3M Co. (NYSE: MMM - $198.28) posted fourth quarter adjusted earnings of $2.31 per share, up from $2.10 in the same period a year ago and exceeding the $2.28 estimate from analysts. Total revenue of $7.95 billion, however, was down from $7.99 billion in the same period a year ago but also topped the Street projection of $7.87 billion. By business segment: Industrial… Continue reading 3M Reports Fourth Quarter Results; Lowers Guidance

Conservative · Income · Stocks to Consider and Updates

Verizon Beats on Earnings/Misses Revenue; Forecasts Slower Growth

Verizon Communications, Inc. (NYSE: VZ - $53.27) reported total operating revenue for the fourth quarter rose one percent to $34.28 billion, missing the average analyst estimate of $34.44 billion. Net income was $1.94 billion, and on an adjusted per share basis tallied $1.12 compared with an adjusted $0.86 a year ago and three cents ahead of Street estimates.… Continue reading Verizon Beats on Earnings/Misses Revenue; Forecasts Slower Growth