Is there any news about $LEG (+0,53%) ?
It has only been going in one direction for weeks.
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8Is there any news about $LEG (+0,53%) ?
It has only been going in one direction for weeks.
$LEG (+0,53%) is pulling my #leg.
Dividend cut of Leggett & Platt year over year 44% dividend policy 2024 $1,02/share.
I am with $LEG (+0,53%) and $MPW (+8,53%) each around 70% in the red. With $NVDA (-0,03%) on the other hand, I am very well up. Now I'm thinking about selling the two shares and making a partial sale of Nvidia so that I 1. have the "loser" shares out of my portfolio and 2. take a profit on Nvidia or pay no tax on the sale.
I always find selling a bit difficult, so I would like to read other opinions on this.
Thank you and best regards
Bimbam
Dividend cuts are the worst. ๐
Unfortunately, I've experienced a couple of them over these last few years, though thankfully none as bad as what V.F. Corporation ($VFC (-2,78%)) has been shelling out this year (two cuts in 2023 - the first by 41% and then, more recently, by 70%).
If you plan on investing for any extended amount of time, you're likely to experience at least one of them yourself. Sometimes they come out of nowhere, and there's just nothing you can do, but one way that you can take extra precautions against dividend cuts is to pay extra attention to the Payout Ratio - a good litmus test for a company's ability to sustain and even grow its dividend payments.
The Payout Ratio represents the percentage of a company's earnings that it chooses to distribute as dividends. The lower this ratio, the more reassuring it is for us as investors.
A low Payout Ratio indicates that a company is not overextending itself to pay dividends, and implies that it'll have an easier time sustaining and even growing those payouts over time.
A prime example of this is Snap-On ($SNA) (+2,54%), one of the 10 stocks in "My Perfect Portfolio." Snap-On's Payout Ratio is only 35%, meaning they retain the majority of their earnings to reinvest in their business or save for a rainy day.
Such a conservative approach in the dividend department gives us some insight into the company's financial prudence, and sets the stage for the possibility of future dividend growth (which SNA has done a great job with so far with their 14% Dividend Growth Rate).
However, not all companies are like Snap-On. Take Leggett and Platt ($LEG (+0,53%)) for instance, which is sporting a Payout Ratio near 120% and is currently paying out more in dividends than it's earning.
Yes, $LEG (+0,53%) has a 7.8% dividend yield, and that might have you seeing dollar signs, but this scenario is far from sustainable. We'll see what happens, but this may be the makings of a certified "Yield Trap".
A yield trap may lure you in with its temptingly high dividend yield, but it's a short-lived attraction. Continuing to pay out more than you earn is a path that ultimately leads to dividend cuts, and it's crucial to see beyond the yield and focus on the sustainability of those payments.
With that said, I want to hear from you: Do you know of any yield traps that we should stay away from? Let me know in the comments below! ๐
Servus my dears โ๏ธโบ๏ธ
Social Media , curse and blessing at the same time ๐ on the one hand you can exchange experiences and on the other hand there are people who know everything better and are clairvoyants and can tell you 100% with which strategy you will achieve the best return ๐
Since there has been in recent times at getquin again and again propaganda against the dividend strategy๐ and today #dividendsthursday I wanted to summarize my aristocrats and possible candidates for the future where I myself am invested. โบ๏ธ๐
If you discover the dividend strategy for yourself then it is important to buy shares that annually increase the dividend or at least not lower, and there are 80% actually only stocks from the USA in question ๐๐
My Aristocrats โบ๏ธ๐
Consumption
Coca-Cola $KO (+1,1%)
Procter & Gamble $PG (+3,31%)
Colgate-Palmolive $CL (+3,18%)
Kimberly-Clark $KMB (+1,82%)
Diageo $DGE (-0,95%)
Altria $MO (+1,67%)
British American Tobacco $BATS (+0,49%)
McDonald's $MCD (+2,19%)
Finance
Franklin Resources $BEN (-0,75%)
T. Rowe Price $TROW (-1,27%)
Old Republic $ORI (+2,11%)
Aflac $AFL (+1,23%)
Pharma/Healthcare
Johnson & Johnson $JNJ (+0,03%)
Energy/Oil
Chevron $CVX (+0,94%)
Consolidated Edison $ED (+1,79%)
UGI Corporation $UGI (+0,04%)
Real Estate
Realty Income $O (+2,65%)
National Retail Properties $NNN (+3,7%)
W.P. Carey $WPC (+2,42%)
Essex Property Trust $ESS (+3,53%)
IT
IBM $IBM (+1,17%)
Industry
Air Products and Chemicals $APD (+2,16%)
Caterpillar $CAT (-2,91%)
Ecolab $ECL (+2,32%)
Stanley Black $SWK (-1,07%)
Emerson Electric $EMR (+0,81%)
Archer-Daniels-Midland $ADM (+0,25%)
Nucor $NUE (-0,61%)
Leggett & Platt $LEG (+0,53%)
Utilities
Essential Utilities $WTRG (+3,09%)
Logistics
C. H. Robinson $CHRW (+1,75%)
Future potential aristocrats
Apple $AAPL (+0,65%)
Microsoft $MSFT (+0,15%)
Broadcom $AVGO (+1,15%)
Qualcomm $QCOM (-0,3%)
Texas Instruments $TXN (+2,43%)
Kellogg $K (+1,27%)
Verizon $VZ (+0,51%)
MetLife $MET (+0,21%)
Starbucks $SBUX (+2,49%)
KDDI $9433 (+2,03%)
Pfizer $PFE (-1,75%)
Bristol-Myers Squibb $BMY (-0,14%)
JPMorgan $JPM (+0,97%)
Visa $V (+1,22%)
Nike $NKE (+0,58%)
Lockheed Martin $LMT (+3,53%)
Home Depot $HD (+2,38%)
Oracle $ORCL (+2,18%)
Waste Management $WM (+2,82%)
Union Pacific $UNP (+0,35%)
BlackRock $BLK
What aristocrats do you have in your portfolio that I haven't mentioned here yet and which stocks do you see a chance to become an aristocrat in the future?
Thanks a lot โ๏ธโบ๏ธ
Source:
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ก๐ฒ๐๐ ๐๏ธ
๐ ๐ถ๐ป๐ฑ๐ฒ๐๐๐๐๐ฒ๐๐ฒ๐ฟ, ๐ฎ๐ฏ๐ผ๐๐ฒ ๐๐ต๐ฒ ๐ฐ๐น๐ผ๐๐ฑ๐ ๐๐ป๐ฑ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป
๐๐ -๐๐ฎ๐๐ฒ๐ ๐
As of today, among others, AES Corporation ($AES (+0,63%)), Banner Bank ($BANR), Baker Hughes($68V (+0,77%)), Equitrans Midstream ($37W), Realty Income Corporation ($RY6 (+2,65%)), Shell Midstream Part ($SHLX), 1st Source ($SRCE) and Vereit ($50A) traded ex-dividend.
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป ๐
Today, among others, Addex Therapeutics ($ADXN), Arista Networks, Inc. ($117 (+0,19%)), Asahi Glass ($SHJ (-1,36%)), Ceragon ($GGN (+0,89%)), Clorox ($CXX (+2,37%)), Eisai ($EII (+2,1%)), Kyocera ($KYR (-0,9%)), Leggett & Platt ($LP1 (+0,53%)), McKesson ($MCK (+1,7%)), NXP Semiconductors ($VNX (-0,46%)), Ryanair ($RY4C (+0,25%)), Simon Property ($SQI (+2,64%)), Shionogi Seiyaku ($SH0 (+0,38%)), Tata Motors ($TATB), TDK ($TDK (-0,61%)), Transocean ($RIG), Williams ($WMB (+2,38%)) presented their figures.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐๏ธ
G20 - Global minimum tax to come in 2023. In this, every company that exceeds an annual turnover of 750,000 euros is to pay 15% tax on its profits. The large digital corporations must have a turnover of at least 20 billion euros and generate a pre-tax profit margin of at least 10% to also be affected by the global sales tax. Amazon ($AMZ (-0,02%)) would then be spared its 5% margin, while Apple ($APC (+0,65%)) would be asked to pay. Tax havens would also become less attractive, as the tax burden would not fall on the home countries - as it does now - but on the market countries, i.e. where most of the revenue is generated.
Ryanair ($RY4C (+0,25%)) - The airline has finally been able to report a profit again since the start of the pandemic. In the quarter July to September this year, the profit was 225 million euros. In comparison, Ryanair made a loss of 225.5 million euros in the same quarter last year.
However, a loss of 100 to 200 million euros is expected for the year as a whole, as airline tickets have to be offered at discounts.
๐๐ฟ๐๐ฝ๐๐ผ ๐
Bitcoin ($BTC-EUR (+0,77%)) - After Bitcoin's strong October 2021 gain, there are eager hopes for an even stronger price increase. Predictions vary between a $50,000 and $100,000. Next month's result could be significantly influenced by the fact that many investors are in a celebratory mood and expect a continued strong increase. On the other hand, a throttling of the markets is expected after an announcement by the Fed.
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