Tag: dividend

  • Meta Platforms Just Declared Its First Dividend

    Meta Platforms Just Declared Its First Dividend

    Meta Platforms (META) is exploding higher. Last checked, the stock was up about $60 in after hours.  All after the company announced it’ll pay a quarterly dividend of 50 cents in March to shareholders of record, as of February 22. The company also authorized a $50 billion share buyback program. “Another bullish implication: Paying an…

  • One of Warren Buffett’s Favorite Stocks Could See Higher Highs

    One of Warren Buffett’s Favorite Stocks Could See Higher Highs

    Dividend king, Coca-Cola (KO) is still one of the top stocks to consider. Not only does it carry a yield of about 2.87%, its highly dependable, with strong demand and incredible earnings growth. It’s even one of Warren Buffett’s favorite stocks, which he refers to as a “forever” stock. Better, KO just beat earnings with price hikes…

  • This is Why Occidental Petroleum Could Rally Higher

    This is Why Occidental Petroleum Could Rally Higher

    Investors may want to consider Occidental Petroleum (OXY). At the moment, the stock is consolidating around $56.65, but could soon see higher highs.  All on news Berkshire Hathaway just bought another $250 million worth of OXY stock between July 11, and 13, 2022.  OXY also carries a dividend yield of 0.92%. “Some analysts have speculated…

  • This is Why FedEx Jumped $23 a Share

    This is Why FedEx Jumped $23 a Share

    Beaten down shares of FedEx (FDX) are soaring. All after raising its dividend by 53% to $1.15 from 70 cents.  It’s payable on July 11 to shareholders of record as of June 27.  That’s a yield of about 2.7% at the moment.  The company also added three new directors under an agreement with activist investor…

  • Another Reason to Like the Costco Wholesale Stock Right Now

    Another Reason to Like the Costco Wholesale Stock Right Now

    With fears of recession, one of the safest stocks to own in Costco (COST). With a dividend yield of 0.53%, COST sells needed products that consumers must have no matter how well or how poorly the economy is doing.  In fact, no matter how steep of a downturn, consumers still need soap, detergent, toothpaste, toilet…

  • This is Why Technoglass Inc. Plummeted 44%

    This is Why Technoglass Inc. Plummeted 44%

    Shares of Technoglass Inc. (TGLS) just fell off a cliff. At the moment, the architectural glass and aluminum products company is watching its stock plummet more than $15 a share, or 44% on a short report. All on a Hindenburg report that identified a few red flags regarding management and its financial reports, including some…

  • Use Weakness as Opportunity with Nike Pullback

    Use Weakness as Opportunity with Nike Pullback

    Keep an eye on Nike (NKE). After pulling back from $174 to $145, the stock appears to have bottomed out, and could refill its bearish gap around $161, near-term.  Helping, Goldman Sachs just initiated a buy rating on the stock with a price target of $172. “The analyst sees a ‘healthy industry backdrop with a…